ICE’s Bakkt is all set to take on payments giant PayPal when it comes to promoting crypto use in daily purchases. On Tuesday, when PayPal announced its crypto checkout service for its U.S. customers, Bakkt also announced the launch of the Bakkt App that brings along Bitcoin and other crypto assets on a single platform.
ICE (Intercontinental Exchange), the parent company of the NYSE (New York Stock Exchange) has initiated a research unit for 58 cryptocurrency projects and 19 FIAT currencies. ICE, in partnership with Blockstream, has established the ‘Cryptocurrency Data Feed’, which will provide with real-time and historical data of cryptocurrency prices from all over the world. Nevertheless, it has selected
Joey Krug, co-chief investment officer at Pantera Capital, talks about the next bitcoin bull run that has the potential to grow 10 times as according to him the cryptocurrency is “close to a bottom.” Next Bitcoin bull rally to take crypto market cap 10x higher Currently, in the red Bitcoin is maintaining stability around $6,500.
Bakkt, the digital asset platform by NYSE’s owner and backed by Microsoft and Starbucks is working hard at building a transparent and an institutional quality ecosystem for digital assets. CEO Kelly Loeffler explains that they are offering full collateralized or pre-funded bitcoin buying and selling meaning there will be no leverage or margin involved. NYSE