Global Markets React to Strong U.S. Jobs Data and Rising Yields 
ETH Cracks $2,100 in Bitcoin’s Wake as Bearish EMA Stack Deepens; Sellers Target $1,900 on Rallies 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Goldman Sachs Sees Stronger U.S. Dollar as Global Economic Gaps Widen 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Mr. Adam White, the COO of cryptocurrency platform Bakkt, had announced in Medium blog that the ICE-backed start-up would commence beta-testing for its much-anticipated Bitcoin futures contracts from July 22nd.
Bakkt has diligently initiated user acceptance testing for its bitcoin futures listed and traded at ICE Futures U.S. and cleared at ICE Clear US.
Bakkt’s collaboration with the ICE’s leading futures exchange and clearing infrastructure to bring physical delivery futures contracts to market participants in 30 countries.
The highly anticipated unveiling of Bakkt’s project of the physically deliverable bitcoin futures contract is all set to take-off.
They are now gearing up for the launch date for its Bitcoin (BTC) futures project in 3rdquarter owing to the pending of approval from the New York Department of Financial Services (NYDFS), as per a recent report by The Block.
The start-up clarified through twitter handle about its intentions to unveil two futures contracts with daily and monthly settlement periods. The price discovery of these contracts would not depend on unregulated spot markets, with an objective of cut down the apprehensions of wash trading. Bakkt’s new products would be operating contemplating prices discovered in their physical delivery contracts.
