Tag: Bitcoin Futures

Bakkt Bitcoin Futures Will be Listed on ICE Futures Singapore

The impact of Bakkt’s Bitcoin futures remains to be determined. Despite the overall interest not being optimal, the company will expand its presence to Singapore. Many people still believe Bitcoin futures trading will be beneficial to the cryptocurrency industry. Bakkt Bitcoin Futures Come to Singapore Others see it as another way for the naysayers to drive the value per BTC down when they feel like it. Bakkt is one of …
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Bitcoin Futures Launch Allegedly Triggered the 2018 Crypto Winter

Many people wonder why the cryptocurrency boom of 2017 came to such an abrupt halt. The obvious reason would be because speculators came to their senses and cashed out. It now seems the Trump administration may be to blame for this unfortunate series of events. The futures products, which were designed to take cryptocurrency mainstream, may be the downfall of the industry.  The Collapse of 2017 and 2018 It was …
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Bakkt’s Futures Testing Will not Impact the Bitcoin Price

Bitcoin futures contracts have made somewhat of an impact on the world’s leading cryptocurrency’s price. That in itself is always interesting to keep an eye on, although it seems the mainstream couldn’t care much less about these trading vehicles. Bakkt is scheduled to “launch’ its own Bitcoin futures in the coming weeks, albeit it is important to acknowledge what is going exactly.  A Beta Launch Happens on July 22 Contrary …
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Justification of Bitcoin Price Movement by Mainstream Media Is Wrong and Harmful

Over the past few weeks, the mainstream media has tried to justify the extreme volatility of the cryptocurrency market, and specifically the price movements of bitcoin, by connecting them to news. This week, several media outlets reported that the price of bitcoin had fallen from $9,000 to $8,000 due to the ban imposed by Twitter on cryptocurrency-related advertisements. In a report, CNBC stated that the price of bitcoin had declined by 40 percent …
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