Bakkt Will Launch Futures and Custody Platform, Coinbase CEO: Institutions Depositing $200-400M Into Crypto Per Week, & Other News

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Daily digest by Cointelegraph Price Analysis 15/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM The crypto market sends mixed signals as Ether and Bitcoin prices see green. For more details, read our price analysis.     Bakkt Announced Launch of Futures and Custody Platform in US Bakkt has announced the coming launch of its much-anticipated platform for daily and monthly futures in the United States in a blog post on Aug. 16. Having received approval from the necessary regulators, the launch is scheduled for Sept. 23.  Coinbase CEO: Institutions Depositing $200-400M Into Crypto Per Week Bitcoin adoption by institutions has gone from a myth to fact in the past year, the CEO of major cryptocurrency exchange Coinbase has stated. He tweeted: "I think it's safe to say we now know the answer. We're seeing $200-400M a week in new crypto deposits come in from institutional customers." Researchers: Bitcoin Price Drop Not Caused by $3B Ponzi BTC Dump Сo-founder of London-based cryptocurrency analytics firm TokenAnalyst Sid Shekhar believes that a Bitcoin dump by the PlusToken operators cannot be the cause of the recent price drop, saying: "It doesn't look like any of these addresses are exchange owned." Mike Tyson: 'I Am Not Involved With Fight to Fame or Their Countdown Website'   American legendary professional boxer Mike Tyson said: "I am not involved with Fight to Fame or their countdown website, nor will I be involved with anything related to Fight to Fame now or in the future," denying the news about his support for the blockchain-based platform for fighters, which is allegedly a fraudulent scheme.   Quote of the day Where there's turmoil, the local Bitcoin prices tend to surge and trade at a premium, because people are trying to find ways to protect their money. So yes." Fundstrat Global Advisors Tom Lee answering the question: "Is Bitcoin a genuine safe haven?" Tweet it 1.5 mln people follow us on social media Download our official free app →

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