Bakkt Will Begin Trading Bitcoin Daily Futures Contracts Dec. 12

Bakkt Will Begin Trading Bitcoin Daily Futures Contracts Dec. 12

Bakkt has announced the date it will turn on the lights and begin utilizing the ICE exchange family of networks to trade Bitcoin futures contracts. The date is set as December 12, 2018.

Bakkt is considered by many (including its well-heeled investors: Fortress Investment Group, Eagle Seven, Galaxy Digital, Horizons Ventures, Alan Howard, Pantera Capital, Protocol Ventures, and Susquehanna International Group, LLP) as the flagship institutional organization pressing into the digital asset space.

Tier 1 global investment banks are either in current discussions with Bakkt to use their familiar exchange architecture or are watching the launch very, very closely.

A short reminder of what Bakkt is on the cusp of executing:

Bakkt is designed to enable consumers and institutions to seamlessly buy, sell, store and….

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Bitcoin – The Currency of the Internet

Bitcoin Trading in Venezuela Surpassed 1,000 in Last Week

Citing the data from Localbitcoins, Venezuelans converted a total of 1073 BTC ($ 7.1 million) in the week ending Saturday — the most since records began in 2013.

Traders continue to turn to cryptocurrency in Venezuela to circumvent the government's increasing stranglehold on the economy and rampant hyperinflation which persists despite a currency redenomination in August.

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Bitcoin – The Currency of the Internet