‘Moonshot’ Bakkt Inches Closer to Launch with July Bitcoin Futures Testing

One of the major catalysts expected for the bitcoin price in 2019 is closer to becoming a reality. Bakkt, a bitcoin futures exchange owned by NYSE parent company ICE, will begin testing bitcoin futures trading next month. The regulated exchange made the announcement via a Medium blog post, and you could almost feel the crypto community breathing a collective sigh of relief.

No doubt it’s a groundbreaking event in the crypto industry, one that isn’t lost on Bakkt, which compared the event to Neil Armstrong “landing on the moon” half-a-century ago nearly to the day. ICE CEO Jeff Sprecher recently labeled the exchange’s bitcoin futures arm “a bit of a moonshot bet.”

Bakkt has been widely anticipated among fund managers and others for its potential impact on the market.

Reference: https://www.ccn.com/moonshot-bakkt-inches-closer-to-launch-with-july-bitcoin-futures-testing/

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