A glimmer of hope for September BTC & Cryptos. Bakkt is cleared and ready to begin bitocin futures contracts starting SEPT 23. Dick's been calling $17k BTC so this is a VERY tangible reason for it. This is possibly old news for some but for others, this is a very good indicator of a price swing. We won't tell you it will hit X or Y, but based on solid economic real world factors this is a key date to keep on your radar.
So keep your wits folks. We don't believe today is a day for despair. It is coming soon, but not today. Make it a great one where ever in this world you may are.
Thank you all for your support of our work.
ED@HQ.
From the COINDESK Article:
The Intercontinental Exchange’s young subsidiary announced Friday that it had acquired a New York state trust charter through the New York State Department of Financial Services (NYDFS). The approval clears the way for the company to begin offering its highly-anticipated physically-settled bitcoin futures contracts. The company intends to launch its products on Sept. 23.
Bakkt, first unveiled last August, has been working on regulatory approvals to begin offering the product over the past year. It intends to offer two types of contracts: a daily and a monthly contract. Both will be settled at the Bakkt Warehouse, a part of its New York-chartered trust company.
https://www.coindesk.com/?s=bakkt