• Crypto Lists
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Altcoin
  • Advertise With Us
  • Join our Telegram Community
Newsletter
ItsBlockchain
  • Bitcoin
    Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

    Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

    Bitcoin ETFs could have the same result as CME group futures launch in 2017

    Bitcoin ETFs could have the same result as CME group futures launch in 2017

    featured image

    How Bitcoin can be hacked?

    keep bitcoin safe

    Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats

    featured image

    Bitcoin IRA – Everything You Need to Know

    A trillion dollar tsunami is about to hit Bitcoin

    A trillion dollar tsunami is about to hit Bitcoin

    featured image

    Why Bitcoin will always be the number one cryptocurrency? Explained

    Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

    Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

    On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

    On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

    Trending Tags

    • Crypto Gems
    • NFT
    • DEFI
    • Crypto Lists
    • Altcoin
    • Crypto Market
    • Guide
    • IBC Capital
    No Result
    View All Result
    • Bitcoin
      Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

      Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

      Bitcoin ETFs could have the same result as CME group futures launch in 2017

      Bitcoin ETFs could have the same result as CME group futures launch in 2017

      featured image

      How Bitcoin can be hacked?

      keep bitcoin safe

      Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats

      featured image

      Bitcoin IRA – Everything You Need to Know

      A trillion dollar tsunami is about to hit Bitcoin

      A trillion dollar tsunami is about to hit Bitcoin

      featured image

      Why Bitcoin will always be the number one cryptocurrency? Explained

      Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

      Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

      On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

      On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

      Trending Tags

      • Crypto Gems
      • NFT
      • DEFI
      • Crypto Lists
      • Altcoin
      • Crypto Market
      • Guide
      • IBC Capital
      No Result
      View All Result
      ItsBlockchain
      No Result
      View All Result
      Home bitcoin

      World’s 23rd Richest Person Invest into Bitcoin through Bakkt

      Ramaa Mohan by Ramaa Mohan
      January 9, 2019
      in bitcoin, News
      0 0
      0
      Invest into Bitcoin through Bakkt
      115
      SHARES
      224
      VIEWS
      Share on FacebookShare on Twitter

      Bitcoin, the cryptocurrency market and the blockchain industry is something that for a very long time, investors steered clear off. But in the past two years, we’ve seen that notion flip.

      Post the 2017 December bull, in which Bitcoin set its all-time high at nearly $20,000 USD, it caught a lot of people’s eye. The reason being that no other stock option in the traditional market would ever be able to give them that kind of return.

      With Bitcoin soaring to newer and greater heights by the end of 2017, many people got involved in the cryptocurrency market. And by extension, the blockchain industry that surrounds it.

      But come 2018 and things started to change. Because the so-called “crypto-winter” commenced. Where Bitcoin lost more than 75% of its value in comparison to its all-time high and maintained a lowly performance throughout the year. While most people lost hope in the cryptocurrency market during that time, 2018 was not about the price of Bitcoin.

      It was rather, all about the number of people getting into the market, the number of governments discussing regulations and the allowances that were being made for the market. The amount the market matured in 2018 is unbelievable. And 2019 seems to be rewarding for the community.

      While Bitcoin already has quite an illustrious backing, in terms of imminent personalities backing it, investing in it, etc, today brings more good news for the market. One of the world’s richest people has announced that he has invested in a Bitcoin and other cryptocurrencies platform.

      Through his venture capitalist firm Horizon Ventures, Li Ka-Shing has invested in the ICE Bitcoin platform; Bakkt. Bakkt is owned by the Intercontinental Exchange, which ironically also owns and runs the New York Stock Exchange.

      Li Ka-Shing is a 90-year-old Asian business magnate. Li Sha-King is well known for his investment profile, stock portfolio and his net worth is close to $37.7 billion USD. Li Ka-Shing is also the 23rd richest person in the whole world. He presently lives in Hong Kong but is also a citizen of Canada. Li Ka-Shing also holds advisory positions in many companies, the most notable of those is that of CK Hutchison Holdings.   

      Bakkt concluded its first round of fundraising and managed to raise a whopping $182.5 million USD. Post the round, Bakkt revealed that Li Ka-Shing through his venture capitalist firm had foot quite a bit of that number.

      Bakkt is an exchange-like platform that is scheduled to launch sometime this year. And it is set to make it easier and safer for traditional and institutional investors to get into the market. The reason Bakkt is being lauded as a great product is that it will be the gateway through which financial institutions, traditional investors and institutional investors can get into the cryptocurrency market without putting themselves at too much risk.

      2019 is already starting to look quite good for the cryptocurrency market and the community. As the market gears up for quite a few Ethereum hardforks, TRON acquisitions and now news of more traditional support, all is well in the cryptocurrency market. And it may not be too long before the crypto winter completely recedes.  

      Must Read TRON on the Rise Again; TRX sees 34% Hike

      IBC-Transparent-Logo-(1)

      Subscribe To Our Newsletter

      Join our mailing list to receive Cryptocurrency investing and trading recommendations to your mailbox.

      You have Successfully Subscribed!

      Tags: bakktbakkt invest using bitcoinbakkt newsrichest person invest bakkt
      Share104Tweet5Share2

      Subscribe to get notified on latest posts.

      Unsubscribe

      Related Posts

      Is it Worth buying Luna under five dollar

      Is it Worth buying Luna under five dollar

      by Karthik Guttha
      May 11, 2022
      0

      The crypto market has been through many steep drawdowns in previous cycles, but what’s happening now with the Luna ecosystem...

      58% of Bitcoin Transactions Are Realizing Profits as BTC Falls Below $40,000

      58% of Bitcoin Transactions Are Realizing Profits as BTC Falls Below $40,000

      by Karthik Guttha
      April 13, 2022
      0

      After reclaiming a higher price level and flipping resistance for the support band, bitcoin is once again showing weakness. In...

      Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

      Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

      by Karthik Guttha
      February 27, 2022
      0

      It has been one hell of a week. The global affairs surrounding Russia and Ukraine have escalated to unexpected levels,...

      Bitcoin ETFs could have the same result as CME group futures launch in 2017

      Bitcoin ETFs could have the same result as CME group futures launch in 2017

      by Karthik Guttha
      October 13, 2021
      0

      The SEC is set to approve five futures exchange-traded funds by the end of October. While the entire market expects...

      featured image

      How Bitcoin can be hacked?

      by Nivesh Rustgi
      August 6, 2021
      0

      In this article, we will discuss how bitcoin can be hacked. Bitcoin runs on blockchain technology, in fact, it...

      Load More

      About Us

      We curate the best cryptocurrency projects with the intention of adding value for investors through the process of selecting, organizing, and looking after different projects available in the cryptocurrency market.

      • Trending
      • Comments
      • Latest
      featured image

      List of leading partners of Ripple, and How they use XRP?

      February 2, 2021
      Top 5 DeFi Projects on Tezos

      Top 5 DeFi Projects on Tezos

      December 26, 2022
      Trading Tips for Altcoins

      6 Lesser known Trading Tips for Altcoins

      February 17, 2020
      Be warned! Hackers are abusing API keys and stealing your funds

      Be warned! Hackers are abusing API keys and stealing your funds

      June 15, 2021
      Crypto Punks, Axie Infinity, and Open Sea have done more than $10.35 billion in sales combined

      Crypto Punks, Axie Infinity, and Open Sea have done more than $10.35 billion in sales combined

      September 26, 2021
      Top crypto coins for 2018

      Top 25 crypto coins to Buy in 2018 [UPDATED]

      October 4, 2018
      concordium blockchain

      Concordium Blockchain and Cryptocurrency are live to cater to ‘Establishment’ with Trust and Transparency

      June 9, 2021
      Polygon: The Swiss Army Knife of Web3

      Polygon: The Swiss Army Knife of Web3

      May 27, 2023
      Worldcoin: The Biggest Crypto Scam or Innovation?

      Worldcoin: The Biggest Crypto Scam or Innovation?

      May 18, 2023
      EIP-4844 Explained | The Biggest Ethereum Upgrade

      EIP-4844 Explained | The Biggest Ethereum Upgrade

      February 7, 2023
      What Blockchain Can Learn From Barnes & Noble and the Jacksonville Jaguars

      What Blockchain Can Learn From Barnes & Noble and the Jacksonville Jaguars

      January 17, 2023
      RINO Enterprise Wallet launches free Community Edition

      RINO Enterprise Wallet launches free Community Edition

      January 14, 2023
      Top 5 DeFi Projects on Tezos

      Top 5 DeFi Projects on Tezos

      December 26, 2022
      Modular Blockchains: The Next Big Thing in Web3

      Modular Blockchains: The Next Big Thing in Web3

      December 12, 2022
      • Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        29635 shares
        Share 11843 Tweet 7402
      • A Mysterious Bitcoin Whale who sold 3000 Bitcoins at 58K$, Bought back 3521 Bitcoins in the last three days

        9933 shares
        Share 3972 Tweet 2483
      • Top 10 Low market cap altcoins to invest in 2021

        7269 shares
        Share 2906 Tweet 1816
      • Top 10 NFT Crypto Projects You Should Know

        7256 shares
        Share 2623 Tweet 1640
      • List of leading partners of Ripple, and How they use XRP?

        6148 shares
        Share 2459 Tweet 1537
      ItsBlockchain

      We are India’s first and oldest Blockchain & Cryptocurrency publication platform started in 2016. We are a one-stop destination for technical analysis, cryptocurrency recommendations, and Blockchain technology resources.

      Buying Guides

      • Buy Bitcoins in India
      • Buy Bitcoins in China
      • Buy bitcoins in Russia
      • Buy Bitcoins in Japan
      • Buy Bitcoins in Turkey

      Important Links

      • Home
      • About US
      • Privacy Policy
      • Promote Your ICO
      • Submit post

      Follow Us

      Contact us

      support@itsblockchain.com

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      No Result
      View All Result
      • Bitcoin
      • Crypto Gems
      • NFT
      • DEFI
      • Crypto Lists
      • Altcoin
      • Crypto Market
      • Guide
      • IBC Capital

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      Login to your account below

      Forgotten Password?

      Fill the forms bellow to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.