RATE Group | Cardano (ADA) Named One of the Most Undervalued Cryptocurrencies by Weiss Crypto Ratings
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Cardano (ADA) Named One of the Most Undervalued Cryptocurrencies by Weiss Crypto Ratings

19 Dec Cardano (ADA) Named One of the Most Undervalued Cryptocurrencies by Weiss Crypto Ratings

Posted at 06:28h in Cryptocurrency News by

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Contents

  • Shattering records 
  • Offering new products 

Bakkt’s Bitcoin (BTC) futures product recently set another all-time high. According to Twitter account ‘Bakkt Volume Bot,’ the ICE-backed crypto exchange managed to trade close to $50 mln worth of its physically-settled Bitcoin futures on Dec. 18.


Bitcoin Futures Traded on Bakkt See 100x Growth Since September. Is Another Bull Run Near?


Shattering records 


Bakkt tends to set new trading records when Bitcoin makes volatile moves in either direction. This time around, it was not an exception — the spot market price of BTC surged to an intraday high of $7,376 after plunging to the $6,400 level earlier on the same day, CoinStats data shows.  


With 6,321 BTC traded in less than 24 hours, it seems apparent that Bakkt has already established…

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