Bakkt sets Septebmer 23 as launch date.
In this video we discuss the Bakkt launch announcement and the market reaction.
Watch “Bakkt Cleared To Launch – Bitcoin Market Yawns”
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#Bitcoin is not going away or going to be "shut down" as the New York State Department of Financial Services (NYDFS) and CFTC clears Bakkt (owned by MYSE/MSFT) for launch:
Bakkt Says It’s ‘Cleared to Launch’ Bitcoin Futures Next Month https://t.co/MY8XEuQHKB via @CoinDesk— Smaulgld (@Smaulgld) August 16, 2019
Bakkt's launch probably also clears the way for Van Exk and others' #Bitcoin ETFs in October
— Smaulgld (@Smaulgld) August 16, 2019
1. Old news.Bakkt was announced over a year ago
2Only gave a launch date after many delays
3Didnt announce Starbucks’ involvement/new tokens
4Wall ST is away on vacation
5.WONT base price on current spot mkts-are they trying to be price setter?
6 No indication of size of interest— Smaulgld (@Smaulgld) August 17, 2019
Also BAKKT looming since 2018 is one of the reasons #bitcoin probably came off the $3000 canvass as it promised institutional investment
Now its time to see how much they can bring
— Smaulgld (@Smaulgld) August 17, 2019
Nothing has happened other than confirmation of old news.
— Smaulgld (@Smaulgld) August 17, 2019
Sometimes there is also a delayed reaction to news announced on a friday
— Smaulgld (@Smaulgld) August 17, 2019
Bakkt launch announcement
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