According to the latest news, Intercontinental Exchange (ICE), the parent company of the cryptocurrency platform Bakkt, is holding various negotiations to purchase the eBay platform.
eBay Step
According to a Wall Street Journal report, Intercontinental Exchange, the partner firm of New York Stock Exchange, met with two people to purchase eBay. However, according to ICE's statements, these talks have ended and no explanation has been made as to whether they will start again.
On the other hand, important names in the cryptocurrency ecosystem, such as Morgan Creek partner Anthony Pompliano, said that the partnership of two such companies can have enormous results.
With Bitcoin and XRP, you can trade up to 100 times leverage on Bitmex with a 10% commission discount.
Besides, ICE, which was established in 2000, is a Fortune 500 company that carries out many services including business exchanges, clearing centers and information services related to investment, trade and risk management. Besides, thanks to Bakkt, the crypto money platform that ICE is behind, it has to do with crypto money. Therefore, the purchase of a giant e-commerce platform such as eBay can be interpreted as an increased possibility of active use of cryptocurrencies in the e-commerce industry.
There is an increase in grocery volumes
At the beginning of February, Bakkt stated that the open interest in Bitcoin has increased by 114% in just one week, and there has been a serious increase in the number of new users entering the market since the end of last year. However, Bakkt's Bitcoin option trading volumes advanced at a very low level and continued at zero level for a while at the end of January.
In addition, futures, a derivative type in the crypto money ecosystem, show a reasonably healthy growth. However, as a whole, cryptocurrency derivatives are experiencing a breakout moment with DeFi, which is growing annually and defined as decentralized financial space. Total funds currently locked in DeFi have increased almost four times compared to the same time last year.
