Posted 2 years ago | by Bethany Armstrong

Bitcoin Hopium - Mark your calendars, because Bakkt has finally set a date for its release. That date is September 23 and Bakkt is calling it the “ambitious vision” to merge institutional infrastructure to digital assets with an end-to-end regulated marketplace.

Bakkt received the green light of approval from the New York State Department of Finance. While details are forthcoming, what makes Bakkt unique is that they will offer daily contracts. This allows investors to jump on board.

While September 23 is quickly approaching, this is actually not their original launch date. Originally, Bakkt had planned to announce a launch date in December 2018. However, due to regulatory hold ups, that date was pushed back. In May 2019, Bakkt announced that its future contracts were now self-certified through the CFTC. June 2019, Bakkt announced that user acceptance testing to begin on July 22. Now, September is the date to highlight.

Bakkt(Bitcoin Hopium) will be the first of its kind to develop this type of market, but the competition is growing.

Many investors believe that institutional FOMO (fear of missing out) could push the Bitcoin price back towards $20k.

About Bethany Armstrong

b2c67718c469e0461579dcf973d733f3?s=90&d=blank&r=g The Great Bitcoin Hopium is HereBethany Armstrong is a blogger from Atlanta, Georgia. She holds a Bachelors Degree in Mass Communication from Toccoa Falls College in Toccoa, Georgia.

Bethany is a mother of three and believes in the importance of reading. She has read over 3,000 books to her children and has worked with many publishing companies to create book reviews.

She is very interested in the community aspect of the cryptocurrency world.

You can follow her on Twitter at @momwildthings or visit her blog, MomOfWildThings.com.