Bakkt seems to be close to launching its platform as it is set to begin conducting user acceptance testing (UAT) after several months of delay.
The whole cryptocurrency community has been waiting for Intercontinental Exchange’s crypto-centric exchange Bakkt which has been touted will be the main driver for crypto institutional adoption and may even trigger the next wave of bull market.
According to a research report by Fundstrat, the exchange is expected to release late in the current quarter with one of Fundstrat’s analyst commenting though twitter could be a huge catalyst for intuitional participation in the crypto market.
The creation of bitcoin futures contracts by the CME and Cboe was largely considered to mark the beginning of the crypto bull market of 2017 and it is interesting know if this will be the same with Bakkt’s release.
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Headlines for the world of Cryptocurrencies - July 20, 2019
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