Bakkt Records Second Highest Bitcoin Futures Volume Since Launch

Bakkt saw an overnight spike in Bitcoin futures trading volumes, despite the relatively sluggish price action. BTC’s trek to above the $9,400 mark inspired futures markets to gain activity. Bakkt Grows its Bitcoin Futures Activity Slowly The Bakkt Bitcoin futures platform traded 1,061 contracts today, which is a 96% appreciation from the previous day. ICYMI: […]

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BitMEX, Binance Bosses Duke It Out On Twitter

Cryptocurrency exchange Binance has sparked the wrath of BitMEX, one of its biggest competitors after claiming to have invented an essential bitcoin trading tool.  Hayes to CZ: Attend My Bitcoin Derivatives Trading 101 In a Twitter debate which continues to play out, Changpeng Zhao, known as CZ in cryptocurrency circles went head to head with […]

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Binance Confirms Bitcoin Futures Market Attack Was an ‘Accident’

The CEO of Binance is facing criticism after wrongly accusing someone of attacking the newly launched bitcoin futures platform. CZ: No Bitcoin Futures Trader Lost Funds In an unusual turn of events, a debacle between Changpeng Zhao (‘CZ’) and an unnamed entity ensued over Twitter on September 16. Zhao originally claimed the party attempted to […]

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Binance Successfully Debuts Bitcoin Futures 1 Week Before Bakkt

Cryptocurrency exchange Binance has formally launched its Bitcoin futures platform following a user-based testing phase. User-Tested Bitcoin Futures Hit Market Confirmed on social media, Binance is now live with Bitcoin futures, offering a 50% discount on trading fees for the platform’s first three months.  The exchange announced it would pay users to test two potential […]

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Bakkt Launch – The Countdown Begins With Just 7 Days To Go

For most people, a week isn’t a long time. But in the fast-paced world of bitcoin and cryptocurrency, it’s enough to change the face of everything with just seven days left until the Bakkt launch. Seven Days Until the Bakkt Launch As tweeted out by Bitcoin quant expert Plan B, there are just seven business days […]

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BitMEX Hires Veteran General Counsel Amid Silence On CFTC Probe

Bitcoin derivatives giant BitMEX has announced it has made a significant addition to its legal team in the form of veteran finance lawyer Derek Gobel.  Derek Gobel Joins BitMEX In a blog post on September 11, the exchange confirmed it had hired Gobel as its new general counsel.  Gobel previously worked for major financial entities […]

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Binance Open Interest on Futures Testnet Hits $150M USDT in 24hrs –

Binance has launched its futures markets in a closed invitation-only mode. Following a testing period on its two futures platforms, the leading exchange marked significant interest. Trading volumes reached $150 million, denominated in Tether (USDT). For now, Binance offers BTC/USDT futures markets, similar to BitMex. Reddit users observed the initial performance of the Binance futures […]

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SEC Chairman Still Concerned Over Crypto Custody and Manipulation

As the bitcoin and crypto industry gears up for Bakkt, the US Securities and Exchange Commission (SEC) claims there is still work to be done. The primary concerns at the moment revolve around custody and price manipulation. Bakkt Could Solve SEC Crypto Concerns Speaking to CNBC’s The Exchange yesterday, SEC chairman Jay Clayton was asked […]

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Latest Bitcoin Futures Market Data Signals Bullish Price Action

As bitcoin price remains in its range-bound channel, other indicators are slowly turning bullish for the king of crypto. BTC has held on to five figures as we begin the weekend and bigger things could be in store as open interest mounts up. Binance and BitMEX Building Up Bitcoin Looking at on-chain flows for the […]

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Did Binance Just Blatantly Copy BitMEX’s Futures Documentation?

BitMEX has released pretty damning evidence on Twitter today that Binance has plagiarised a vast majority of its bitcoin futures documentation.   Binance Caught Red Handed BitMEX highlighted the similarity between the documentation for Binance’s Bitcoin Futures platform (currently in testing), and its own, on Twitter. “Congrats on the Testnet Futures launches Binance,” read the tongue-in-cheek message. […]

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