This week has been very kind to the crypto markets so far, at least in terms of news. Even though Bitcoin (BTC) has fallen from last weeks price of 6820 to a low of almost 6300 before bouncing back to the current 6500, news around the crypto market has been incredibly bullish so far these past few days.

At this point mass adoption doesn’t seem to be only relevant through Bitcoin, the Altcoin market is seemingly gaining steam through channels that were previously only accessible for the biggest Cryptocurrency to date.

Bakkt confirms first Bitcoin product

Bakkt has been first announced back in early August by Intercontinental Exchange (NYSE: ICE), which is the leading operator of global exchanges including the New York Stock Exchange. ICE is partnering with Microsoft, Boston Consulting Group and Starbucks to make the news company a possibility, which will act as a federal market for Bitcoin hopefully starting from November.

According to the original plans Bakkt would be an U.S.-based futures exchange and clearing house that would offer 1-day physically delivered Bitcoin contracts along with physical warehousing.

Now the official twitter channel of the company has re-assured that the first physically delivered Bitcoin futures contracts versus fiat currencies will be reality soon, this means that each USD, GBP, EUR vs Bitcoin futures contract will result in a daily delivery of one Bitcoin to the accounts of the customer.

This is heavy news considering that using these futures will actually mean using Bitcoin. This will be both transparent thanks to Bitcoin’s blockchain technology and it will also result in more skin in the trading game.

Coinbase gives green light to altcoins

The story began when Coinbase announced its new asset addition guidelines back in March and later acquired the Paradex decentralized exchange in May.

This must have been the biggest open secret of secret of cryptocurrency exchanges to date, but even though it all happened earlier this year there was no direct follow up until Coinbase added ETC in June.

While everyone expected the gates of Coinbase to open and a flood of Altcoins to follow, nothing noteworthy happened until today where a tweetstorm on the official twitter channel of the U.S.-based exchange revealed that the company is now ready to transform into an full fledged multi-asset exchange. The announcement explained that Coinbase is now ready with a more rapid listing process that will allow the exchange to list assets faster through an easier legal process.

Additionally now projects can apply their own tokens and coins for listing for free, at least for now. Application will be awaited on a new official landing page at listing.coinbase.com.

It seems that we can finally expect our favorite quality projects to stand their ground with US investors through Coinbase.

(Image taken from listing.coinbase.com)

LedgerX Ethereum futures come closer

Just when you would say that we are suffering under positive news overload, we additionally received information through ethereumworldnews that LedgerX, lead by former Goldman Sachs trader Paul Chou, is preparing its Ethereum futures products to go live soon.

The last approval is being awaited through the Commodities Futures and Trading Commision (CFTC) before it can be made ready according to industry blog, the Block.

It seems like there is a real demand for this more advanced form of Ethereum trading, as back in August BitMEX has also started offering ETH/USD futures contracts on their platform.

(Image taken from bitmex.com)