Bakkt launches Bitcoin options, Ethereum’s software upgrade and Bitcoin’s first weekly golden cross in 3.5 years

Crypto2Cash
2 min readDec 9, 2019

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We proudly present to you today’s official Crypto2Cash Chronicle

Important, interesting and market moving news

The Crypto2Cash Team

09–12–2019

Bakkt launches Bitcoin options

Barely three months after launching its long-anticipated physically settled Bitcoin futures product, the Intercontinental Exchange’s Bakkt has gone live with its Bitcoin options and cash-settled futures contracts.

Source

Ethereum’s software upgrade

Ethereum went through a significant software upgrade this weekend, called Instanbul. It allowed the integration of a second layer scaling solution that promises to enable more than 3.000 transactions per second.

Source

Bitcoin’s first weekly golden cross in 3.5 years

Bitcoin’s 50 week MA has crossed above the 100 week MA, confirming what is popularly known as a “golden crossover.” The same cross was last observed in May 2016.

Crossovers are widely followed indicators and could attract a significant amount of buying.

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Crypto2Cash
Crypto2Cash

Written by Crypto2Cash

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