Coinflex, the major counterpart of Bakkt, who is the world’s first physically-delivered cryptocurrency futures exchange, made buzzing announcement.
Physically-delivered bitcoin futures are at the core of another much anticipated digital trading platform — Bakkt. The idea behind physically-settled futures is that, at the time of the contract’s expiration, the trader will receive the underlying asset instead of a cash payment.
The cryptocurrency futures exchange CoinFLEX has procured an investment from Digital Currency Group (DCG) and Polychain.
DCG and Polychain are the latest to join CoinFLEX’s investor consortium which includes Trading Technologies, Roger Ver, Mike Komaransky, Dragonfly Capital Partners, and a number of leading market making firms.
In addition to this announcement, they have presented their own FLEX Coin also which happens to be a token meant exclusively to endorse liquidity and to stimulate trading activities.
Currency Strength Index: FxWirePro's hourly USD spot index is flashing at -60 (which is bearish), BTC is at 153 (highly bullish) while articulating at (10:58 GMT).
For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex


Global Bond Selloff Pressures Stocks as Rising Oil Prices Fuel Inflation Fears
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K
China's Refining Industry Faces Major Shakeup Amid Challenges
AI-Driven Memory Chip Prices May Be Skewing U.S. Inflation Data, Fed Minutes Suggest
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data
Spying, Southampton and economic pressure cooker of the ‘richest match in football’
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
Wall Street Analysts Weigh in on Latest NFP Data
FxWirePro- Major Crypto levels and bias summary 



