Bakkt’s launch will increase volatility in Bitcoin, which might also affect altcoins. What does the chart of the top five performers project? Let’s find out. Bakkt Daily and Monthly Bitcoin Futures will launch on Sept. 22 at 8 p.m. EDT. This is likely to increase volatility in Bitcoin, which has been stuck in a tight […]
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Crypto markets continue to trade sideways, with the majority of the top 20 coins by market cap seeing losses. Saturday, Sept. 21 — crypto markets continued to trade sideways, with the majority of the top 20 coins by market cap seeing losses at press time. Market visualization. Source: Coin360 Bitcoin dominance continues to slip After […]
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Can the altcoins continue their rally after a shallow pullback? Let’s analyze the charts. Though Bitcoin’s (BTC) price action has largely been lackluster in the past few days, it could change with the launch of Bakkt. Fundstrat Global Advisors co-founder Tom Lee is positive on “Bakkt and its ability to improve trust with institutions to […]
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The Chicago Mercantile Exchange Group is adding options to its Bitcoin futures contracts in Q1 2020, pending regulatory review. The Chicago Mercantile Exchange (CME) Group is adding options to its Bitcoin (BTC) futures contracts in Q1 2020, pending regulatory review. The development was announced in an official news release on Sept. 20. Options will give […]
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Bitwise presents further proof to the U.S. regulator that it’s time to approve the first Bitcoin ETF. Crypto index fund provider, Bitwise Asset Management, has given another presentation to the United States Securities and Exchange Commission (SEC) in its bid for regulatory approval of its proposed Bitcoin exchange-traded fund (ETF). In a memorandum, issued Sept. […]
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Lee adds weight to the broadly popular impression of Bakkt, 3 days before the hotly-awaited Bitcoin futures launch. Bitcoin (BTC) and cryptocurrency will gain trust from the incoming launch of institutional trading platform Bakkt, a well-known analyst has said. More Praise For Bakkt In a tweet on Sept. 19, Fundstrat Global Advisors co-founder Tom Lee […]
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New York financial watchdog approves three stablecoin offerings including BUSD, backed by Paxos and Binance. A sign of things to come? Over the course of the past few weeks, the global cryptocurrency community bore witness to two major announcements related to stablecoins — with the first being the launch of Paxos’s gold-backed Ethereum token, PAX […]
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After starting up Binance Lending Service in late August, Binance expands its lending products this week, with support for Monero, Zcash and Dash. Binance exchange will feature three new coins within the fifth phase of its crypto lending product available for subscription starting from Sept. 20. Same interest rate for all 3 coins After initially […]
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Coinbase vice president Dorothy D. DeWitt will now serve as director of the division of market oversight at the United States Commodity Futures Trading Commission. Coinbase’s vice president Dorothy D. DeWitt will now serve as director of the division of market oversight at the United States Commodity Futures Trading Commission (CFTC). The U.S. CFTC Chairman […]
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The impending launch of Bakkt could likely determine the price of Bitcoin for the next few weeks. Many central banks across the world are racing against each other to devalue their currencies. Crypto fund executive Travis Kling believes that Bitcoin (BTC) is a great hedge against irresponsible monetary and fiscal policies of central banks and […]
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