Bitcoin trading platform BitMEX has gained unlikely positive publicity from the launch of Bitcoin futures by its rival Bakkt.


BitMEX In Driving Seat For Bitcoin Liquidity

According to fresh data from the company, 24-hour volumes on September 23 hit 270,000 BTC ($2.6 billion) – while Bakkt’s was just 71 BTC ($690,000).

The giant gap in activity is a boon for BitMEX and cryptocurrency industry financial businesses in general. That was according to VanEck digital asset director Gabor Gurbacs, who commented on the volume statistics on social media. 

As Bitcoinist reported, Bakkt finally launched this weekend, after months of speculation and delays as executives attempted to iron out regulatory hurdles. 

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Source: https://thebitcoinnews.com/liquidity-is-king-bitmex-volumes-beat-bakkt-bitcoin-futures-by-375000/