Important Bitcoin Dates to Watch in 2019 – 2020
In the world of cryptocurrency, there are events and news that often have a direct impact on the price of a token. In particular, we are talking about Bitcoin. As profiled by NewsBTC, here are a couple of dates to watch out where news will come out about events that might impact Bitcoin’s price.
Important Bitcoin Dates
August 22, 2019 – New York Attorney General’s Injunction Against Bitfinext to Expire
September 23, 2019 – Bakkt will launch officially
Bakkt has revealed that it has acquired a New York state trust charter, which allows it to begin physically-settled Bitcoin futures contracts. The product launch will be on September 23, 2019.
With the approval, Bakkt will act as the custodian of Bitcoin, which, the company says, will “offer customers unprecedented regulatory clarity and security”. Bakkt will not be relying on spot markets for settlement prices which is a differentiator given that there have been reports of “manipulative spot market tradings”. (Read More)
October 13, 2019 – SEC makes final decision on Bitwise Bitcoin ETFs
The US Securities and Exchange Commission (US SEC) has postponed its decision on the proposal to launch Bitwise’ Bitcoin ETF on October 13, 2019. If this is approved, Bitwise Head of Research Matt Hogan said it will open the door to the financial advisor marketplace. He commented:
“A key aspect to a Bitcoin ETF in the U.S. is that it unlocks the financial advisor marketplace. So far crypto has focused mostly on retail investors […] or institutional investors […] Half the money in the U.S. is managed by financial advisors, and right now it’s very difficult for them to access that market.”
October 18, 2019 – SEC Rules on whether to pass VanEck/SolidX ETFs
Cboe, one of the world’s largest exchange holding companies resubmitted their Bitcoin ETF proposal and the US SEC is on track to make the decision by October 18, 2019. As per NewsBTC, pundits are saying VanEck/SolidX ETF proposal has more chance of succeeding because of its ties with CBOE.
October – Mt. Gox Civil Rehabilitation Case
Early Bitcoin investors will soon learn the fate of their holdings and if they will receive a portion of what was lost in the most notorious hack in the crypto market ever.
May 2020 – Bitcoin Halving
Bitcoin Halving – the event that will cut the reward of mining Bitcoin into half of what it was previously will sometime around May 2020. As with the previous halving events, it is expected for the price to spike sometime after the event. BitPinas will be writing more about the Bitcoin halving soon.
This article is first published on BitPinas: Important Bitcoin Dates to Watch in 2019 – 2020
Photo by Tim Mossholder on Unsplash