Over the past two days, we had seen Bitcoin slowly melting down, marking the $9600 support as its current daily
Bakkt is a Bitcoin futures trading platform oriented toward institutional investors. It was launched by the Intercontinental Exchange (ICE), which also operates the New York Stock Exchange (NYSE) on September 23rd, 2019.
The platform offers physically and cash-settled Bitcoin futures contracts, as well as options. Its warehousing solution is regulated and overseen by the CFTC, which provides institutions with an opportunity to receive exposure to Bitcoin’s price without worrying about its safekeeping.
Moreover, Bakkt worked closely with the Commodity and Futures Trading Commission (CFTC) in order to develop Bitcoin futures contracts which are transparent and appropriate, but also compliant with the existing Federal legislation.
The core product of Bakkt is the physically-settled Bitcoin futures contract. At the end of the expiration period of this contract, the trader will receive an actual bitcoin, rather than its cash equivalent. This is supposed to introduce more liquidity and stability on the market.
There are two types of these Bitcoin futures contracts. The first ones are settled daily, enabling users to trade in a same-day market. The other one is settled once a month and follows a larger price curve.
Recent Bakkt News
The long-awaited launch of Bakkt, the Bitcoin futures trading platform of the Intercontinental Exchange (ICE), has finally happened. After more
Three days ago, on our previous Bitcoin price analysis, we had identified the “short-term” triangle on the 4-hour chart. We
The volatility characterizing current market conditions, as well as Bitcoin’s relative stability in recent weeks, can definitely be deceiving. Bitcoin
Bitcoin Price Analysis: BTC Shows Strength Following Bakkt News; Last Buy Opportunity Below $10,000?
In our last Bitcoin price analysis, we mentioned the ‘last hope’ for Bitcoin. Good news for the bulls: the Doji
ICE’s Bakkt aims to make Bitcoin mainstream by allowing its futures to be traded on Wall Street under the oversight
The Bitcoin futures trading platform introduced by the owner of the New York Stock Exchange, the Intercontinental Exchange (ICE), is
The highly-anticipated launch of the Bitcoin futures trading platform Bakkt, owned by the Intercontinental Exchange (ICE), has begun user acceptance
The Bitcoin futures trading platform of the Intercontinental Exchange (ICE), Bakkt, has announced plans to launch user acceptance testing for
Bakkt, a Bitcoin Futures platform founded by the Intercontinental Exchange (ICE), is perfectly gearing up for a launch that its