Bitcoin Deposited in Bakkt Warehouse Protected by $125M Insurance, & Other News

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Daily digest by Cointelegraph Price Analysis 09/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM Preparations for the launch of Bitcoin futures on Bakkt are on track. While market participants were excited before the launch of CME group's futures trading at the end of 2017, the current launch is being approached with caution. Bitcoin's volatility continues to drop, which shows that both bulls and bears are not taking large directional bets.     Bitcoin Deposited in Bakkt Warehouse Protected by $125M Insurance Bitcoin deposited at the Bakkt Warehouse is protected by a $125 million insurance policy, according to an announcement on Sept. 9. The company started accepting deposits and withdrawals on Sept. 6 ahead of the planned launch of its futures products on Sept. 23. New Analysis: Every Bitcoin Holder Makes a Profit After 1,335 Days New analysis suggests Bitcoin holders make a profit after an average of 1,335 days — or roughly three years and eight months. The data, released on Sept. 8 by BitcoinEconomics.io, roughly correlates to the four-year cycle length based on reward halving periods. Tim Draper Joins Board of Directors at EOS-Based DApp Firm Tim Draper, a famous investor with an estimated crypto net worth ranging between $350 million and $500 million, has joined the board of directors of EOS-based decentralized application (DApp) firm MakeSense Labs. Norwegian Bitcoin Millionaire Jumps From Balcony to Flee Armed Burglar The case of an attempted robbery that ended with a cryptocurrency multimillionaire jumping from his second-floor balcony will be heard in Norwegian courts next month. Local broadcaster TV 2 reported on Sept. 8 that the victim was an individual in his 40s who had been in the public spotlight for having made his 100 million NOK ($11.2 million) fortune through his ten-year involvement in the crypto space. SPONSORED: A blockchain-based social network says it offers much-needed solutions to problems facing businesses and consumers in the retail sector. Number of the day   Bitcoin's hash rate is on course to hit a milestone of 100 quintillion for the first time   CEO of Twitter Tweet it 1.5 mln people follow us on social media Download our official free app →

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