Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: Goodcat49 on January 03, 2019, 01:44:58 PM
-
These are the highly expected projects in the cryptocurrency industry for next year (2019)
Bakkt & BTC Futures
This is the most expected project next year because of very many clear reasons. Firstly, it was proclaimed that its launch will be in January, but according to other rumours, it could be suspended to February 2019. Secondly, it has to grant the entry of weighty capital from several institutional investors using Bitcoins (BTC).
There is too much anticipation on the implication of the market rollout of Bakkt, since this is the main objective of the project creators. The impact on the market seems to be actually positive.
Similarly, this also applies to BTC ETFs, where the U.S SEC is soon taking a long-awaited decision in February next year. The appetite for the decision has started weakening due to repeated suspensions.
Bakkt’s futures could flourish in acquiring a similar outcome to that of BTC ETFs though with limited uncertainty. As there are some small doubts about the US SEC approval of BTC ETFs, on the other side the approval of Bakkt’s future by CFTC is just a matter of time. Thus, the waiting on one side has decreased and on the other side, it has increased.
Nevertheless, the big expectation is the entry of big institutional investors, that could invest enormous amounts of fresh capital into the industry. Bakkt and Bitcoin ETFs will play a big role to let this happen.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/five-most-anticipated-ongoing-underway-cryptoasset-projects/
(https://coinidol.com/upload/resize_cache/iblock/a95/900_900_1/a952b07abb13c6d6daef8d6afeea29a5.png)