Whales Transfer Massive Amounts of Bitcoin as Bakkt Opens Warehouse Custody

The hype surrounding the imminent launch of Bakkt’s physically settled Bitcoin futures platform may not be unwarranted, as it now appears that some of the biggest BTC whales in the market are transferring their massive holdings into Bakkt’s warehouse custody solutions. Assuming that the platform’s launch is met with great utilization, it is highly probable […]

Bitcoin Plunges $600 as Bakkt Announces Regulated Warehousing

Bakkt Warehouse, the qualified custodian of the Bakkt trading platform, now accepts Bitcoin deposits and withdrawals. Following plans unveiled last month, the company announced today that Bakkt Warehouse was officially launched. The launch of Bakkt Warehouse comes as the company prepares to launch its platform for daily and monthly Bitcoin futures in the United States […]

Bitcoin Price Could Break Up From Multi-Month Bull Flag

Bitcoin price has been consolidating since June, after it was rejected from former bear market resistance at $13,800 – stopping Bitcoin’s parabolic advance short of retesting its previous all-time high of $20,000. And while many crypto technical analysts say that Bitcoin price is trapped in a triangle – either descending or symmetrical – another crypto […]

Bakkt Still on Track for Bitcoin Futures Launch This Month

The much-anticipated, fully-regulated Bitcoin exchange and custody offering from Bakkt looks on track to make good on its previously-announced launch date later this month. The company has just announced that its Warehouse custody solution is now open for customer deposits and withdrawals. The Bakkt platform seeks to make investing in Bitcoin more friendly to institutional […]

Bitcoin Begins Forming Coveted Bull Cross

Overnight Bitcoin (BTC) was able to incur a significant amount of upwards momentum that sent it shooting past its previously established resistance level around $10,800, and any extension of this upwards momentum is highly likely to send the crypto into the $11,000 region in the very near-future. This upwards momentum has also allowed Bitcoin to […]

Bitcoin Near $11k to Close First Positive Week in a Month

A buoyant sentiment carried into the bitcoin market this Friday as the benchmark cryptocurrency inched towards the $11,000 level. The BTC/USD instrument established a local top of $10,925 on San Francisco-based cryptocurrency exchange at 1215 UTC. The move brought the pair to its 16-day high and further promised to end the week in positive territory. […]