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I'll be posting a new stream schedule in the coming weeks, stay tuned... Until then I'll get back into the swing of daily content and growing this google trends show an increased in bitcoin interest as the news of NASDAQ offering a new product in conjunction with Microsoft and Starbucks. The product is called Bakked.
Kelly Loeffler, CEO of Bakkt had this to say: “Bakkt is designed to serve as a scalable on-ramp for institutional, merchant and consumer participation in digital assets by promoting greater efficiency, security and utility. We are collaborating to build an open platform that helps unlock the transformative potential of digital assets across global markets and commerce.”
Targeting investors of all sizes, this could positively impact the market in the short and long term.
This will the largest venture to pay in and pay out bitcoin that has ever been attempted, challenging the current notions of bitcoin being unstable and volatile. With these three global heavyweights behind the controls, this could represent a serious move toward adoption as they attempt to make bitcoin secure for bitcoin mutual funds, pension funds, and ETFs, in the form of highly regulated, mainstream investments.
Futures contracts in bitcoin have already been around for a number of months and are offered by both CME Group and Cboe Markets Inc. Bakkt’s new product will differ however in that these contracts will expire in a much shorter time-period and also pay out bitcoin, as opposed to cash, once they expire.
Do your own research, and learn to trust the content creators you follow. All in due time, and all good things come in time. This space could explode at any moment, and you bet I'll be here when it does. Cant wait!
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BTC Wallet Address: 38BQYhfUgyzyDAK67bo2xDeTgdNLB9KAit
BCH Wallet Address: qr4dywh0n8wdndra5x3wdf6hwja5gphtfs9xdy7u5f
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