Bitcoin Closes May Candle Above Crucial Resistance, and That’s Big for the Bull Case

23m
bitcoinist

UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief

1h
thebitcoinnews

There Isn’t Anything Crypto Altcoins Do That Bitcoin Won’t…

1h
cryptonewmedia

Bitcoin Closing the May Candle Above $9,360 is Crucial For Bulls:…

1h
cryptonewmedia

The Emergence of Crypto Prime Brokers Adds Resilience but Also Risk

1h
cryptonewmedia

Ethereum Makes 3rd Attempt at New Highs as Options Skew Turns Negative

1h
cryptonewmedia

BTC/USD to Move Back Above 9764? Sally Ho's Technical Analysis 1 June 2020 BTC

1h
cryptodaily

Ethereum DeFi Nears $1 Billion Milestone Again, and That’s Big…

2h
cryptonewmedia

Ethereum developer Danny Ryan speaks on ETH 2.0 progress, gives insights on new features

2h
cryptoslate

Euro is still on track of collapsing, says macro analyst: Here’s how Bitcoin could react

2h
cryptoslate

Coinbase’s earliest investor starts accumulating Ethereum “again,” joining whales

2h
cryptoslate

Bitcoin Closing the May Candle Above $9,360 is Crucial For Bulls: Here’s Why

2h
newsbtc

Meghan Markle & Prince Harry Are Nothing More Than Professional Freeloaders!

3h
cryptonewmedia

Tesla Needs Democrats to Break Up Big Tech or Amazon Will Eat Its…

3h
cryptonewmedia

Meghan Markle & Prince Harry Are Nothing More Than Professional…

3h
cryptonewmedia

Trading Bitcoin Vs. BTC Futures — Which Is Best for You?

3h
cryptonewmedia

Ethereum DeFi Nears $1 Billion Milestone Again, and That’s Big for the ETH Bull Case

3h
newsbtc

Max Keiser: There Isn’t Anything Crypto Altcoins Do That Bitcoin Won’t Do

4h
bitcoinist

Bitcoin Could Surge Past $10,000 as Ethereum “Hammers”…

4h
cryptonewmedia

Jake Paul Loots the Entire BLM Movement Then Issues an Entitled Apology

4h
cryptonewmedia

US Stock Markets ‘Addicted’ to Stimulus from Fed

4h
beincrypto

Goldman Scandal, BTC Bull Trap Fears, How Libra Will Make Money: Hodler’s Digest, May 25–31

4h
cryptonewmedia

Sony’s PS5 may Have a Very Steep Price tag at Launch

4h
nulltx

Key Indicator: Bitcoin and Other Top Cryptos Are Printing…

5h
cryptonewmedia

NebliDEX Provides a DEX Capable of Competing With Centralized Platforms » The Merkle News

5h
cryptonewmedia


Fundstrat’s Thomas Lee “Very Positive” About Bakkt’s Impact; 3 Days to Launch!

coingape

8mon ago

The popular “game-changer” project which proposes physically delivered bitcoin futures, Bakkt, launches later in September. While Fundstrat CEO Thomas Lee has shared that he is “very positive” about the Bakkt launch because of the impact it will have on institutional investment, the crypto Twitter community is busy speculating how it will affect the price of bitcoin.

Renowned American businessperson, financier and investor and who is known for being one of the early pioneers in private equity, Thomas Lee, took to Twitter to weigh in on the impact of Bakkt on institutional investment. Thomas Lee says,

I am very positive on @Bakkt and it’s ability to improve trust with institutions to crypto https://t.co/7icnJp76GE

— Thomas Lee (@fundstrat) September 20, 2019

He shared this opinion in support of a tweet made by another user, Mia Tam, who believes that Bakkt’s launch in the next few days will have a bullish impact on Bitcoin.

Bakkt in 4 days 👀

Now it all makes sense 🚀#Bitcoin $BTC pic.twitter.com/gwcAfN3nLl

— Mia Tam (@_blockandchain_) September 19, 2019

Other twitter community members are reacting to the Bakkt’s launch in a number of ways. Many believe it may initiate a short bearish season in which bitcoin price may eventually fall considerably due to massive manipulation.

According to a twitter user,

However, a few others have given contradicting opinions clearly expressing the advantages of Bakkt’s launch to the crypto community.

Intercontinental Exchange (ICE), the creator of New York Stock Exchange (NYSE) announced the launch of Bakkt, a bitcoin futures exchange and digital assets platform. The launch which is scheduled for September 23, is expected to bring tangible institutional investment into the crypto space.

This initiative, in its entirety, is quite interesting, as it represents competition for existing cryptocurrency trading infrastructure – Bakkt is simultaneously competing in the futures space (against CME in particular), and against spot crypto exchanges. It is likely that Bakkt will not just be a game-changer for the crypto market, but the entire investment space as it will help Bitcoin-based products gain a position among mainstream investment offerings.

Staff writer at Coingape. Certified cryptocurrency expert and Blockchain journalist covering crypto market analysis and general Blockchain adoption and development. You can follow me on Twitter at @ShonubiDare or reach out to me at dare[at]coingape.com

Staff writer at Coingape. Certified cryptocurrency expert and Blockchain journalist covering crypto market analysis and general Blockchain adoption and development. You can follow me on Twitter at @ShonubiDare or reach out to me at dare[at]coingape.com

Darb Finance Review—an Ambitious Crypto Investment Ecosystem

Etoro

Trade Now

CryptoRocket

Trade Now

Darb finance

Trade Now

Celsius Network

Visit

BitMEX

Trade Now

The popular “game-changer” project which proposes physically delivered bitcoin futures, Bakkt, launches later in September. While Fundstrat CEO Thomas Lee has shared that he is “very positive” about the Bakkt launch because of the impact it will have on institutional investment, the crypto Twitter community is busy speculating how it will affect the price of bitcoin.

Renowned American businessperson, financier and investor and who is known for being one of the early pioneers in private equity, Thomas Lee, took to Twitter to weigh in on the impact of Bakkt on institutional investment. Thomas Lee says,

I am very positive on @Bakkt and it’s ability to improve trust with institutions to crypto https://t.co/7icnJp76GE

— Thomas Lee (@fundstrat) September 20, 2019

He shared this opinion in support of a tweet made by another user, Mia Tam, who believes that Bakkt’s launch in the next few days will have a bullish impact on Bitcoin.

Bakkt in 4 days 👀

Now it all makes sense 🚀#Bitcoin $BTC pic.twitter.com/gwcAfN3nLl

— Mia Tam (@_blockandchain_) September 19, 2019

Other twitter community members are reacting to the Bakkt’s launch in a number of ways. Many believe it may initiate a short bearish season in which bitcoin price may eventually fall considerably due to massive manipulation.

According to a twitter user,

However, a few others have given contradicting opinions clearly expressing the advantages of Bakkt’s launch to the crypto community.

Intercontinental Exchange (ICE), the creator of New York Stock Exchange (NYSE) announced the launch of Bakkt, a bitcoin futures exchange and digital assets platform. The launch which is scheduled for September 23, is expected to bring tangible institutional investment into the crypto space.

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments