Bakkt Goes Live With First Trades But Bitcoin Fails to Hold $10,000

The long awaited Bakkt Bitcoin futures contracts went live a few hours ago but the response so far has been underwhelming. Bitcoin briefly topped out over $10k but has failed to hold that level as trading in Asia got underway. 8 BTC Traded So Far The Bakkt daily and monthly physically settled Bitcoin futures contracts went live for trading a few hours ago but there was no big fanfare or market reaction. The first trade was executed at just past Read more …

Oil and Gas Giant Pilots New Blockchain Platform From Modex

Blockchain startup Modex announced the launch of its blockchain-based database platform for simplified blockchain deployment, which will be piloted by Dietsmann, a major oil and gas firm. Simplifying blockchain adoption  On Sept. 19, Modex announced the release of its latest product, the Modex Blockchain Database platform (Modex BCDB) which simplifies the way companies can deploy blockchain technology projects. According to the announcement, Modex BCDB enables companies to start blockchain projects in just a few hours, instead of days or even Read more …

Bakkt Is Finally Launching Its Bitcoin Futures Today. Here’s What to Expect

Bakkt is finally here. After two delays and 13 months of questions, the Intercontinental Exchange-backed bitcoin warehouse and futures contract facilitator is launching Monday, opening the door for institutional investors to take positions on the cryptocurrency in a federally regulated venue. Trading is set to open at midnight UTC and close at 22:00. For the first time, interested observers will be able to see just how much pent-up demand there is among big-money traders for this hotly anticipated service. Bakkt’s Read more …

Bakkt’s Much-Anticipated Bitcoin Futures Trading Platform Goes Live

Bakkt’s physically settled Bitcoin (BTC) futures trading is now live for trading on the Intercontinental Exchange (ICE). New option for traders As of 8 PM EST on Sept. 22 (00:00 UTC Sept. 23), Bakkt’s much-anticipated BTC futures trading has launched. The platform is the first of its kind to receive approval from United States regulators and is a product of ICE, the operator of the New York Stock Exchange.   While news of Bakkt’s launch and intention to facilitate BTC futures Read more …

Get Ready, Bakkt Bitcoin Futures Launch in 30 Minutes

Just so you all know, Bakkt’s Bitcoin futures will have their first weekend pre-open in thirty minutes after this article is published. While you all, dear readers, likely do not have access to the investment vehicle from the get-go, due to the institutional focus of this product, you should have your fingers on the trading trigger. After all, volatility in the BTC price is inbound. And Bakkt’s much-ballyhooed launch is likely going to accentuate this. Drastically. Bitcoin Volatility Tanks Since Read more …

Kraken and Coinbase Among the Cleanest Crypto Exchanges: BTI Report

The Blockchain Transparency Institute (BTI) has released its latest market surveillance report which states that Kraken and Coinbase are among the cleanest cryptocurrency exchanges in the industry. BTI cleans wash trading from exchanges’ volumes On Sept. 19, the Blockchain Transparency Institute published its 5th market surveillance report that verifies reporting of cryptocurrency exchange volumes. The BTI has been publishing reports since August 2018, and through its proprietary algorithm, BTI cleans all wash trading from exchanges’ volumes. The report states: “Since Read more …

Ethereum May Incur Large Drop if Bulls are Unable to Defend $210

Ethereum’s massive upwards momentum has faltered after its bulls were unable to decisively support ETH above the $220 price level, and its inability to extend its upwards momentum likely stems in part from Bitcoin’s drop to its key support level of $10,000. Analysts are now noting that Ethereum is nearing a critical support level, and an inability for ETH to hold above this level could open the gates for further losses, while providing traders a great shorting opportunity. Ethereum Drops Read more …

Top-20 Cryptos See Major Losses, but Bitcoin Is Up

Sunday, Sept. 22 — crypto markets are seeing a wave of red amid the approaching launch of Bakkt’s physically delivered Bitcoin (BTC) futures on Monday. Bitcoin is the only cryptocurrency out of the top 20 that is attempting to gain momentum today, while the rest are seeing major losses, with some dropping over 7% in the 24 hours prior to press time. Market visualization. Source: Coin360 Bitcoin has continued to hover around the $10,000 threshold throughout the day. At press Read more …

Crypto Twitter Divided Over Bakkt; 50% Expect the Bitcoin Futures to “Flop”

It’s time, guys and gals: Bakkt is finally here. Shortly after the publishing of this article, the Bitcoin (BTC) futures contracts from the much-ballyhooed exchange will finally be going live. As spotted by analyst Salsa Tekila, the physically-deliverable contracts from Bakkt will begin trading at 7:55 PM Eastern Standard Time (EST) — this translates to 4:55 PM for those on the West Coast, 12:55 AM for those in jolly old England, and 7:55 AM for those in Hong Kong, Singapore, etc. Read more …

Facebook Buys Chatbot Startup Servicefriend to Integrate Into Calibra

Facebook has acquired the artificial intelligence-based chat-bot startup Servicefriend for customer service for Calibra, the digital wallet for Facebook’s planned Libra cryptocurrency. AI chatbots for Calibra’s customer service A Sept. 19 article by Israeli business newspaper the Marker reported that Facebook has acquired startup Servicefriends in order to build a messaging bot for customer service for Calibra. Announcing Libra and Calibra, Facebook said that it wanted to reach unbanked consumers and give them access to financial services and to make Read more …

Bitcoin Likely Near Bottom of Range as $10,000 Support Holds

Bitcoin’s bull have been able to hold the cryptocurrency above its key near-term support level of $10,000, and it now appears that BTC is likely consolidating before it reaches the apex of the large descending triangle it is currently within, which will likely spark a big movement in the coming 24-48 hours. Analysts are currently noting that a weekly close above $9,770 will mean that BTC closed above the bottom of its established trading range, which likely signals that the Read more …

Bitcoin (BTC) Donations Feeding Thousands in Venezuela

Bitcoin (BTC) donations are providing subsistence for thousands of people in Venezuela amid a crippling economic crisis. Bitcoin Donations Feeding Venezuela’s Poor and Hungry Tweeting on Sunday (September 22, 2019) Bitcoin Venezuela said it had used less than $500 in BTC donations to buy food and other essential items for economically disenfranchised people in Venezuela. $229.47 USD (~₿0.022547 BTC) bought non-cook pasta for a whole week to help feed ~1200 people who eat in the soup kitchen daily Another ₿0.022547 Read more …