Crypto Weekly (Oct. 23rd, 2019)
Oct 23, 2019
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Weekly recap...
- Bakkt futures hit ATH, will launch options contracts on 12/9/19
- Is quantum computing a threat to BTC?
- Several hurdles expected to improve by year end; still risk-off for BTC
Center Story
1. Bakkt futures just needed a little time... options launch coming next
Bakkt futures daily trading volume has taken off. Was media too quick to judge? Wouldn't be first time.
Variations of "Bakkt futures volume has been disappointing" have been a common refrain since Bakkt's launch at the end of September. But, contract volume rocketed to 640 contracts (~$5mm) on Wednesday. Sustained volume gro...