Bitcoin Futures from home Bakkt start on 22. July your test run. The much-anticipated contracts for the crypto-currency will fuel the next Bull Run of the Bitcoin exchange rate.
By Phillip Horch
22. July 2019BTC$10.261,00 -1.24%part Facebook Twitter LinkedIn xing mail
Bitcoin Futures are futures contracts that can be are betting on the Bitcoin price. This can be roughly simplified spoken – by a falling Bitcoin exchange rate benefit. The Blockchain-companies Bakkt want to bring such a vehicle in the course of this year to the Trader. In order to test the product extensively, sends it to the company at the present 22. July, in the test phase.
As you can see in joined a Twitter Post of Fund, the actual publication of the Bakkt Futures this year. The crypto-Community are expected to provide the investment products, a greater signal effect. So above all, professional investors are to be attracted to:
There is a large institutional anticipation of the planned Launch of Services – custody, compliance, payments, as well as physically-backed daily and monthly futures contracts in cooperation with [the parent company] ICE. As we have already written, is Bakkt many hurdles for the adaptation by traditional investors [ … ].
in other words: In contrast to the already existing BTC Futures of the US-American provider of the Chicago Mercantile Exchange (CME) and Chicago Board Options Exchange (CBOE) to regulate the Bakkt Futures better, and by physical Bitcoin, will be better secured.
By the compliance of the proposals of the Commodity Futures Trading Commission (CFTC, an independent US regulatory Agency for Futures and option markets) to larger players with more confidence in the BTC market.
Bakkt Futures and the price of Bitcoin
the introduction of the BTC Futures, the CME and the CBOE fell in December 2017, with a sharp rise in the Bitcoin price. The Bull-Run was short, but fierce; after all, he catapulted the largest Cryptocurrency according to market capitalization short-hand the 20,000-U.S.-Dollar mark. The subsequent Crash a few days or weeks then brought directly to the expiry of the Futures in connection. It emerged from a study that the futures contracts could be brought in direct connection with the declining rates.
Since the Bakkt Futures now – if you actually go online to presumably better secured and safer products, it may be assumed that a signal for the Bitcoin price. An exact date depends on the well being of the current test-run of the Bakkt Bitcoin Futures.
Attention: The crypto-compass is the first digital magazine for digital currencies and Blockchain Assets. He provides you with monthly exclusive assessments, Insights and comprehensive analysis of the current situation on the Blockchain- & crypto-markets. Only now and only for as long as the stock enough: In the monthly subscription, incl. FREE Bitcoin Whitepaper (German version printed)
More:
CFTC conducts investigations against BitMEX a Binance planning Futures-platform – test-run in two weeks? Bitcoin Futures: Ledger X receives CFTC license Bakkt#Bakkt#Bullrun#Futures
