Is Bakkt Ruining Crypto?

Cryptocurrency has experienced many ups and downs, and the market is continuing to evolve as the uses of crypto and blockchain technologies grow. The market responds to successful and unsuccessful launches of exchanges. Recent unsuccessful launches demonstrate this perfectly, and institutional investors continue to change the game.

 

In today’s episode, we discuss whether Bakkt is ruining crypto and how its launch has affected the market. We discuss the future of blockchain and how institutional investors are changing the game and pushing regular traders out. We discuss the price gain in Bitcoin during 2019 and highlight how it exceeds traditional investment returns. We also discuss leverage trading, where you can trade, and the essential lingo you need to know.

 

 

“Blockchain is going to make our lives much easier; we just can't see all the ways that it is going to make it easier right now.” - Bitboy

 

 

 

This week on Beards and Bitcoins:

 

Our weekend adventures with music, Tourettes, Disney, and Keto. The future of blockchain. How the disastrous launch of Bakkt has affected the market. Why Bakkt has low exchange volumes. How institutional investors are playing a game with crypto that is geared to pushing the rest of us out. The 25% gain in Bitcoin price this year. How to leverage trade and essential lingo you need to know. The differences between leverage trading and regular trading. How to access Bybit with a VPN.

 

 

Resources Mentioned:

 

Bakkt Bybit Bitfinex Binance

 

 

 

This episode is sponsored by MonarchPay. Crypto Starts Here.

 

MonarchPay is the world’s first decentralized recurring crypto payment service. Designed to make receiving and paying recurring crypto payments safer, faster, and easier for consumers and merchants alike.

 

To learn more about MonarchPay and how to get started, visit MonarchPay.com

 

 

Unite the Crypto Community!

 

Thanks for tuning into this week’s episode of Beards and Bitcoins - the podcast bringing you news, information, and stories to spread awareness about cryptocurrency. If you enjoyed this episode, head over to Apple Podcasts, subscribe to the show, and leave us a rating and review. Help us spread the word by sharing your favorite episodes on social media. And don’t forget to visit our website, grab your favorite Beards and Bitcoins merch, and follow us on LinkedIn and Twitter!

 

Beards and Bitcoins Podcast is produced by Auxbus. You can create your own great podcast - faster and easier - at Auxbus.com