Bakkt believes it will "add to the utility of Bitcoin beyond simply trading", but will it create the natural demand needed to lift price or just create another opportunity for speculators to short it?

Stock markets have made a significant recovery in the past week and cannabis stocks have been on a tear - attributed to the resignation of the notoriously anti-dope US Attorney General Jeff Sessions. The anticipated Bitcoin Cash fork on November 18 continues to attract inflows to crypto in a good week for altcoins. Bad news for ERC20 tokens on Thursday as the decentralized exchange EtherDelta was fined by the SEC for selling tokens deemed securities.