Bakkt
Bitcoin Shrugs as Fidelity’s Crypto Custody Nears
Despite the news that US-based mutual fund giant Fidelity Investments may be aiming for a launch of its highly anticipated crypto custody solution in March this year, bitcoin’s reaction was muted. As of press time Wednesday morning, the price of the number one cryptocurrency was up roughly 1% over the past 24 hours, after seeing a sell-off […]
23rd Richest Man Invests in Cryptocurrency Exchange Bakkt’s First Funding Round
Bakkt, a digital asset platform created by the Intercontinental Exchange, has completed its first funding round, securing an investment from Li Ka-shing, a renowned Hong Kong billionaire and one of the wealthiest men on the planet. Li Ka-Shing Leads Investment Round For Bakkt Bakkt, a cryptocurrency platform backed by the Intercontinental Exchange (ICE) had completed […]
Susquehanna Exec: Bakkt and Fidelity Could Solve Bitcoin’s Liquidity Issue
Over the past week, the price of Bitcoin has dropped by more than 35 percent, and the majority of analysts in the crypto space have shared the sentiment that the crash was triggered by the contentious hard fork of Bitcoin Cash. According to Bart Smith, the head of digital asset at trading giant Susquehanna, a lack of liquidity […]
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