German banks allowed to sell and store crypto assets from 2020, Bakkt futures hit record high and Bitcoin eyes 7.800 USD
Your daily overview of interesting, important and market moving cryptocurrency news. Brought to you by the Crypto2Cash team.
German banks allowed to sell and store crypto assets from 2020
By 2020, the implementation of the fourth EU Money Laundering Directive alows banks in Germany to offer the sale and storage of cryptocurrencies.
Bakkt futures hit record high
Bitcoin institutional trading platform Bakkt has set another giant new record for its futures contracts, topping 5.600 BTC on the day, equal to 42.5 million USD.
Bitcoin eyes 7.800 USD
The 50-hour average crossed the 200-hour average. The bull cross may invite stronger buying pressure, possibly yielding a rally to 7.800 USD.
Bitcoin is currently trading round 7.500 USD.
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