news

bitcoin

1 X bitcoin bitcoin =

Monday

21 October 2019

Bakkt Explodes with 212 Contracts Traded Last Wednesday

Bakkt Explodes with 212 Contracts Traded Last Wednesday


smart summary beta

After an extremely disappointing debut, Bakkt – the trading platform designed for institutional investors – is exploding in use, with the number of bitcoin futures contracts being traded having exploded by roughly 800 percent.

The Intercontinental Exchange (ICO), which serves as the parent platform of Bakkt, reports that trading has increased by a whopping 796 percent over the past few days, meaning that perhaps institutional players are intrigued by crypto after all – they just needed a little reassurance first.

While bitcoin futures trading did fall back to roughly 109 contracts on Thursday, many analysts are seeing this as a positive sign, suggesting that institutional trader activity is about to make a huge surge.

Goto Full Article

bitcoin bitcoin price

$8234.37

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.2)

Image

CFTC Chair Says Ether Futures 'Likely' in 2020
published: 1 hour ago
Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert says the crypto world will see ethereum futures contracts sometime in 2020.

sentiment (-0.1) Negative

Article Metadata

author

site

livebitcoinnews.com
Market data feeds provided by cryptocompare.com
bitsmart 2018