Bakkt


Markets

Bitcoin Options Saw Record Volume of $198M Amid Recent Price Drop

Trading volume records in bitcoin’s options market were smashed on Monday as investors scrambled to hedge their positions amid the selloff.

Credit: Shutterstock/Joseph Sohm

Markets

CME Bitcoin Futures Daily Trading Volume Hits 2020 Low - That's a Bullish Sign

Daily trading volume in bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME) dropped to year-to-date lows on Friday.

CME Group Headquarters (CoinDesk Archives)

Markets

Above $10K: CME Bitcoin Futures Hit 3.5-Month Highs

Bitcoin futures listed on the Chicago Mercantile Exchange rose to multi-month highs, breaking above $10,000 early Friday.

$10,000 dollar bill (not in use today), Series: 1928, 1934, 1934A & 1934B. (Image via Wikimedia Commons)

Markets

Open Positions in Bakkt's Bitcoin Futures Jump to Record Highs

While bitcoin hit fresh three-month highs on Wednesday, open interest in monthly bitcoin futures on the Intercontinental Exchange's (ICE) Bakkt platform jumped to record highs.

support, hands

Markets

ICE CEO: New Acquisition Opens Trillion-Dollar Market for Bakkt

Bakkt's pending acquisition of Bridge2 Solutions, a loyalty program marketplace, will "expand Bakkt's presence across an asset class that today spans over $1 trillion in value," says its parent firm ICE's CEO, Jeffrey Sprecher.

ICE CEO Jeffrey Sprecher said Bakkt's pending acquisition of Bridge2 Solutions will help it offer consumers access to crypto and loyalty points through a single app.

Markets

ICE Snaps Up Loyalty Program Provider Bridge2 to Boost Bakkt's Consumer Play

Intercontinental Exchange, Bakkt's parent firm, has acquired loyalty services provider Bridge2 Solutions to boost Bakkt's efforts to build a consumer-focused crypto payments app.

Bakkt President Adam White

Markets

Options Growth Will Ignite Innovation in the Bitcoin Market – But Not in the Way You Think

Richard Rosenblum, co-founder of GSR, points out the lackluster growth in listed options hides the real action taking place in OTC hedges.

Credit: Shutterstock

Markets

Crypto News Roundup for Jan. 30, 2020

Markets Daily is back with news of the day and clips of Democratic Presidential hopeful Andrew Yang's recent crypto comments.

markets daily adam john

Markets

Literally No One Is Trading Bakkt’s Bitcoin Options

Trading volumes in bitcoin options listed on the Intercontinental Exchange's Bakkt platform have completely dried up, even while CME’s options product is seeing strong interest.

NADA: No one traded Bakkt's bitcoin options this past week. Credit: Shutterstock

Markets

Travis Kling on Bitcoin as a Safe Haven Asset

Ikigai’s Travis Kling looks at BTC's correlation to gold and crude in response to Iran missile strikes, plus SEC priorities and Congressional intrigue.

Travis Kling