Are eBay and Bakkt Behind the Recent Bitcoin Pump?

By Andy Little on ALTCOIN MAGAZINE

Bakkt has released some new exciting news regarding their physical Bitcoin futures and there is a trove of speculation surrounding eBay's advertisements.

After many delays and much speculation, the Bakkt platform is now ready to launch its Bitcoin futures contract. The futures contract is supposed to be the biggest thing to happen to crypto and is seen as the start of the next parabolic bull run.

The platform will be listing two futures contracts, a daily settlement bitcoin future, which will enable customers to transact in a same-day market, and a monthly bitcoin futures contract will enable trading in the front month and across the forward pricing curve.

The expected release for the futures is now July lets hope there are no more delays!

Fidelity isn’t the only institution making noise today with eBays advertisement boards at the Consensus event in New York causing some speculation.

The advertisements were spotted at the worlds largest blockchain event, Consensus in New York.

The news could be amazing for the industry with over 179 million buyers, but what could eBay be targeting Digital collectibles?

eBay is a household name in for online sales and working with digital currencies could go hand in hand, internet currency, and internet selling.

But does this mean that we will soon be able to buy blockchain collectibles on the platform? let's all hope the news isn’t some kind of advertising stunt by eBay to get trending and boost their stock price.

Let's just hope the good news keeps coming from Consensus and we see the heights of 2017 again.