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Bakkt: Bitcoin Warehouse Launch in the coming week

On Twitter to announce Bakkt the Start of the so-called Warehouse. This is the high-security custody in the method for Bitcoin Futures. Big Money is coming in t

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Bakkt: Bitcoin Warehouse Launch in the coming week

On Twitter to announce Bakkt the Start of the so-called Warehouse. This is the high-security custody in the method for Bitcoin Futures. Big Money is coming in to the Bitcoin market?

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On 29. August 2019BTC$9.445,28 -7.22%part Facebook Twitter LinkedIn xing mail

On the 23. September takes Bakkt the operation. This day is likely to mean in the history of the crypto-currency no 1 a break. Finally, the institutionalization of the Bitcoin market holds true to what is intended in the crypto scene for quite some time the discourse:. While the market was formerly characterised the majority of private investors, is for some time the entrance from the "Big Money", i.e. professional investors such as hedge funds, and corporations.

But it is the big money ventures into unknown waters, it needs one thing above all: investment vehicles, which are an institutional claim. For over a year Bakkt is one of the hottest candidates for the fulfillment of this task. The Bitcoin-release from the house of Intercontinental Exchange (ICE), which operates, among other things, the New York Stock Exchange, the 23. September futures contracts for both daily as well as monthly due – to. Target Group: Large Investors Said.

And as the inclined Bitcoiners of the world knows, you can keep the Coins (or rather UTXOs) are only as good as the Private Key. This is the deed to the Bitcoin. It is therefore of little surprise that Bakkt look in the custody of the BTC exactly. Specially designed for the secure storage of traded Bitcoin, the company has installed the so-called Warehouse, a kind of high security Depository for customers.

Bakkt: Bitcoin Warehouse is already on 6. September

According to the content of a tweet, the Bakkt yesterday 28 August has been released, customers can from the 6. September, so already next Friday, BTC to the subsequent Futures Trading in the Warehouse store.

Whether the Start of the Bakkt Bitcoin Futures will have a price increase will result in, among market observers as questionable. It is certain, however, that the Bitcoin trading volume recorded a significant increase. Finally, the futures contracts from the home Bakkt are secured physically. That is, in contrast to comparable products of other competitors such as CME money changes at the conclusion of the contract not a Fiat owner, but BTC is a world novelty. From next Friday you can pay On-Chain volume is so increased attention.

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