Now, Bakkt, which began allowing clients to deposit bitcoin into its warehouse at the beginning of this month, will launch its so-called physical bitcoin futures contracts on 23 September.
Some analysts and traders are expecting these physical bitcoin ethereum ripple futures, which are contracts that pay out in the underlying cryptocurrency rather than in cash, to allow for unprecedented bitcoin and cryptocurrency growth.
Bakkt, which bitcoin ethereum ripple suffered numerous setbacks along its road to launch, initially planned to open its futures exchange in but was delayed by regulation and higher-than-expected interest. The bitcoin price has surged this year but remains far from its all-time highs, with the likes of Elsewhere, bitcoin and cryptocurrency bulls, including venture capitalist Tim Draper and Anthony Pompliano from Morgan Creek Digital, have continue to talk up the possibility of a fresh bitcoin bull run.
Pompliano meanwhile took to Twitter yesterday to claim bitcoin fundamentals are getting stronger. I am a journalist with significant experience covering technology, finance, economics, and business around the world. As the founding editor of Verdict.
I have covered the rise of bitcoin and cryptocurrency since and have charted its emergence as bitcoin ethereum ripple niche technology into the greatest threat to the established financial system the world has ever seen and the most important new technology since the internet itself. Follow me on Twitter billybambrough or email me on billyATbillybambrough. Disclosure: I occasionally hold some small amount of bitcoin and other cryptocurrencies. Read Less.