Yesterday a new information was released, futures are coming for Ethereum. The interesting fact that no trading platform that already confirmed it. What to expect, should we consider that news like a good or bad one? If look at the BTC showed a good bull run, but after that it was dumped hard. Even don't know what to think...
Futures contracts are not purely something good or bad for cryptos. They are the reason some people get acquainted with cryptocurrencies and that is a step towards mass adoption. Newbies, however, are mainly interested in cryptos as ways to make profits with whatever those are, and this makes the market generally too vulnerable. Moreover, futures market is about securing the interests of certain groups of people by ignoring the actual market situation and pricing. This means price speculation and that doesn nothing good to the market. Eth is in a very dangerous price situations. Futures will probably make the rates go up, but they will go down just as fast when any bad news appear.