Bitcoin exceeded $7000 mark again

The price of first cryptocurrency almost fully recovered after the recent fall
15 November 2017   2490

For last few days, the price of "digital gold" is almost fully recovered. At the moment of press, 13:03 UTC, 15th of November 2017, average Bitcoin price is $7224.36.

Bitcoin Price Chart
Bitcoin Price Chart

According to Coinmarketcap, Bitcoin market parameters are:

  • Market Cap $120,448,293,154 
  • 24h Volume $3,628,630,000
  • Price growth +11.03 %

It is also worth noting that amount of unconformirmed transactions in the mempool of Bitcoin falls.

Bitcoin MemepolBitcoin Memepol 

The graph shows that the volume of unconfirmed transactions went down, which should positively affect the amount of commissions in the bitcoin network, the time of confirmation, as well as the turnover of the BTC and, consequently, the further increase in the price.

Bakkt to Unveil Bitcoin Futures Test Date

Along with date announcement, COO Bakkt believes the platform will attract institutional investors and set new standards for the cryptocurrency market
14 June 2019   203

The Bakkt cryptocurrency platform has named the exact start date for testing Bitcoin futures. The first users will be allowed to test the tool on July 22.

According to Bakkt's Operations Director, Adam White, the platform will attract institutional investors and set new standards for the cryptocurrency market.

White pointed out that the wider distribution of cryptocurrencies, in particular, is hampered by unreliable pricing mechanisms and the likelihood of instantly falling rates.

Along with these problem-solving solutions that are new to digital asset markets, Bakkt also brings all the other features that institutions would expect in a versatile and broadly accessible market, including: block trades; a fee holiday through the end of the year to encourage trading; market maker incentive programs to encourage liquid markets; and integrations with ISVs and regulated brokerage platforms.
 

Adam White

COO, Bakkt

At Bakkt, two futures contracts will be presented - with daily and monthly settlements. Risk management and the securing mechanism for these contracts will meet the standards of the traditional derivatives market.