Analysts: run Bakkt will lead the market of large investors and raise the exchange rate of Bitcoin
Source:
Last week the world's largest coffee chain Starbucks information on the intention to accept bitcoin in their establishments. The company explained that only wish to help Microsoft and the new York stock exchange (ICE) to develop a platform Bakkt to make purchases with cryptocurrency.
Meanwhile, Bakkt is one of the most promising projects in the cryptocurrency market. The platform will allow both individual investors and funds and other institutional investors to make transactions with cryptocurrency. In addition, the project intends to produce protected from fluctuations of the futures , market participants are positive about its prospects, writes .
theWhat does it mean for the market launch Bakkt
CEO of LMAX Exchange, David Mercer believes that one-day futures contracts on the Bitcoin, which offers Bakkt is exactly what the market needs.
Unlike futures funds where the trader receives weekly the difference between the purchase or sale, Bakkt allows you to get Fiat money for Bitcoin exchange rate fluctuations during the day. According to the head of the investment company Chain DV Garrett si, such contracts make the investment less risky and will attract the major players.
Chapter Foundstrat Tom Lee believes that the futures Bakkt have a significant advantage over the Binance exchange and Coinbase, and soon the volume of trading will exceed a similar indicator on the major exchanges.
Mike Novogratz added that the launch of the futures will cause the next long wave of growth rate of Bitcoin. Let's hope the analyst is right — otherwise you'll have to wait another six months before the SEC will accept the ETF. Or will not accept.
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
The crypt in the Dorm: how bottom Bitcoin American students
mining is one of the most attractive types of passive income. Student at the University of Pennsylvania began to dig a cryptocurrency right in the Dorm. He underestimated the threat of hacking and the disadvantages associated with...
The fall of Bitcoin has come to an end? Expert's answer
on Monday the course of the main crypto-currencies retreated slightly above 6400 dollars, thereby stopping the rapid decline of the asset. The analysts note that in these market conditions there is a high likelihood of draining al...
As Bitmain mines coins in secret: the story of the developer SiaStats
Hakkane (Salva Herrera) is an independent developer of blockchain and owner SiaStats.info that site, which is a reliable real-time statistics on the blockchain Sia. Hereinafter in the first person. I often imagine blackany like a ...
Not one step back: why Bitcoin should not fall below $ 6,000
Rivemont Crypto Fund Analysts believe the price of $ 6000 critical support level for Bitcoin. Details of their study, the value of the cryptocurrency the company has published in Facebook. About it writes . the When Bitcoin will s...
Profitable investment: the success of the ICO grow even in a bear market
the phenomenon of the ICO, has taken quite an interesting path that started somewhere in may 2017. Since then, the industry of crowdfunding in the crypt experiencing rapid growth. The success of the ICO is not even affected by the...
Economist Jeffrey Tucker: the States should keep their hands away from cryptocurrencies
Since the beginning of the year, several countries, among which appeared , and talking about the issue of national cryptocurrencies. Economist and Professor at the American Institute for economic research (AEIR) Jeffrey Tucker s...
Time to buy: analysts predict new growth of Bitcoin
You've probably already guessed that 2018 was not the best time in the life of Bitcoin. And while the cryptocurrency is growing in the long term, look at six months ago, gives a frightening feeling of eternal correction. When will...
In search of Satoshi. To find Nakamoto will allocate money with crowdfunding
the Internet is gaining popularity movement #FindSatoshi. This is another attempt of some cryptoendoliths to whet the public interest in the identity of the mysterious Creator of Bitcoin. Estonian Herman Neff even launched an inte...
It's very bad: where will the Bitcoin price in the coming days?
After the rapid fall to the main level of support for the Bitcoin price managed to bounce a $ 400 up. If it was the standard local correction? Some analysts believe that the incident involved a Tether. About it writes . the What w...
The journalist told about the possible closure of the main office Kucoin. Should we be afraid?
last week the South Korean stock exchange UpBit of the prosecution authorities in fraud. A site audit from the company Yoojin showed that the exchange is able to return investors ' money on demand. Now, the problem arose from one...
Over another week. The days have been rich and memorable lot of news in the world of cryptocurrency. At least Hodler won't forget the sinking of Bitcoin to 6 thousand dollars. Recall what happened in detail. the What you need to e...
FinCEN CEO: we received 1,500 reports of fraud with cryptocurrencies per month
Director of the Network to combat financial crimes (FinCEN) of Kenneth Blanco said that each month the organization receives around 1,500 reports of suspicious activity to the crypt. The head of the organization noted the importan...
How many billions Bitmain intends to raise in the IPO?
In early June, the world's largest manufacturer of equipment for mining Bitmain about their intention to hold IPO outside of China. The reason was the strict regulation of activities on mining cryptocurrencies at home company, sai...
Here is here: five signs that institutional investors are in the stock market
This year was a real challenge for hontarov crypts. Within six months, the Bitcoin managed to lose most of their value, and every small pullback was accompanied by strong sink. In addition to the wallets of investors, all these de...
People don't want to mess with Bitcoins. Why?
the year 2017 has become a landmark for the entire industry of crypto currency a few months she was unrecognizable. The sharp rise of Bitcoin has brought dozens of x's early investors and traders. However, some townsfolk are still...
An investor in China BitConnect faked the kidnapping to avoid paying taxes with cryptocurrency
In early July, the Indian national Congress the ruling party of the country in money laundering through Bitcoin. According to the congressmen, officials legalized from 727 million dollars to 12.7 billion dollars. Did it through th...
Fraudsters extorted from the "rich" bitcoins for dirt on their wives. Most of them were bachelors
In late July, chief operating officer Stripe Claire Hughes Johnson that cryptocurrency is impractical, but its best use is extortion. This statement is decided to test a group of scammers from USA. The criminals sent out to the re...
Most of all: ZenCash has become the first cryptocurrency on the number of employees of nod
Due to the rapid development of network ZenCash recently broke its own record for the number of nodes. Now cryptocurrency operates through 17 thousands of nodes in different parts of the world. About it writes . the a New stage in...
Comments (0)
This article has no comment, be the first!