Crypto Short News

Bakkt Cash Settled Bitcoin Futures Creates a Record On ICE Platform

Earlier we reported Bakkt launching USD cash-settled Bitcoin Futures on the ICE futures platform. The ICE Singapore platform has seen great records since this launch. The platform traded over 1,000 Bakkt Bitcoin (USD) Cash Settled Futures contracts since the launch. The Bakkt team took to twitter to announce this exciting news.  The ICE Futures platform...
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TRON Sees Surge in User Accounts by 100,000 in Just Two Weeks

TRON Exchange has seen a positive response in this December month. The exchange had seen registered users count increase from 4190559 to 4262802 by over 100,000. The official Twitter account of TRON took to twitter to announce this growth trend. The reason being the publicity surrounding the TRON exchange. Earlier, TRON & Poloniex partnered. CEO...
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Bakkt Releases The First Regulated Bitcoin Options Markets

Bakkt Bitcoin Cash Settled Monthly Futures will be settled against physically delivered Bakkt Bitcoin (USD) Monthly Futures contract from December 9, 2019. The Intercontinental Exchange will roll out two trading options Bitcoin (USD) Options and Bitcoin (USD) Cash Settled Monthly Futures. Bakkt will be big for being the first platform to offer futures settled in...
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Tiered Margin Ratio System for Spot Margin Trading Now on OKEx

Malta-based digital asset exchange OKEx is introducing Tiered Maintenance Margin Ratio System for Spot Margin Trading. The spot margin trading will go live from 07:00-08:00 Dec 9, 2019 (UTC). This spot trading will lower the leverage risk and increase borrowing limits claims OKEx exchange. Full description of how this new maintenance margin ratio is different...
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Will PBoC Tests of Digital Yuan Yield Results Before Libra?

The People’s Bank of China has collaborated with four major state-owned commercial banks, the three major telecom operators, Huawei to test its digital Yuan. The PBOC will test this digital currency in two cities in the initial phase. The cities being Shenzhen and Suzhou.  As per the report, PBOC is inviting partners to strategize the...
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U.S. Government Not Keen on Issuing a Digital Currency

U.S. Federal Government does not want to launch its own digital currency until the next 5 years. U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell announced in a House Financial Services Committee hearing in Washington. “Chair Powell and I have discussed this at length- we both agree that in the next five...
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Fintech Investments Might Reach $152.94 billion USD by 2026

As per the Fintech Investment market 2019 report, the Fintech Investments might reach $152.94 billion USD by 2026. The report analyses the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, etc. The report claims that major global major leading industry players like Eaton, Grundfos, Tornatech, etc....
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Libra “Suffers From its Greatest Asset”, says Ethereum Co-Founder

Libra is a vast and diverse project but it is facing restrictions from the day of its proposal in June 2019. Facebook, a giant social media community, has backed the project. However, the crypto industry has some regulation issues with Facebook handling Libra as the social media firm has reported mishaps in handling personal data....
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