What’s happening in crypto. Bitvo’s June Trading Reports
New to crypto trading? Avoid these 9 mistakes
Are you a crypto trader, gambler or speculator?
Technical analysis basics for cryptocurrency traders
The Bitvo Team expands! And other announcements
It’s official! All crypto exchanges in Canada must now be
registered MSBs, and more in your links for the month
June 2020 Newsletter
In This Issue:
You can access all of Bitvo’s trading reports here.
Weekly Trading Update – June 1, 2020
Weekly Trading Update – June 8, 2020
Weekly Trading Update – June 15, 2020
Weekly Trading Update – June 22, 2020
Weekly Trading Update – June 29, 2020
Trading for the Month of
June
Weekly crypto highlights, including general and cryptocurrency specific news of
interest, as well as YTD trading history and current environment for BTC, ETH,
XRP, LTC and more.
New From Bitvo
New to crypto trading? Avoid these 9 mistakes
New to crypto trading? You don’t have to make these 9 mistakes. Somebody
already did it for you.
Are you a crypto trader, gambler or speculator?
Crypto speculation is the best combination of trading principles, elements of
gambling and a dash of investing wisdom.
Technical analysis basics for cryptocurrency traders
Technical analysis can be complex, but it doesn’t have to be. Emphasize simplicity
when trading cryptocurrency instead.
Announcements
The Bitvo Team welcomed Kenny Cheung to the team on June 1st! Kenny, VP Cryptocurrency
Sales and Trading, brings with him a wealth of finance and trading experience, both in
traditional financial markets as well as cryptocurrency. Read more about Bitvo’s senior
leadership team
.
The Bitvo Team virtually attended another great and very timely event hosted by the
Canadian Blockchain Consortium
(CBC): A Tech Startup’s Roadmap to Recovery. Thank you for
the CBC team for keeping us informed and connected during these crazy times.
And speaking of the CBC, Bitvo’s CEO, Pamela Draper, had the pleasure of sitting down with
CBC co-founder and Executive Chairwoman, Koleya Karrington, in an Instagram live session
to discuss her support for the blockchain industry in Canada broadly through her various
ambitious endeavors! For a replay of the conversation, please click here.
Looking for more on Bitvo’s journey so far? Check out Startup Calgary’s recent podcast
interview with Pamela Draper
Want to know what we’re up to? Follow us in real time on our social handles!
Around The Network
It’s official: June 2020 marks the official start of registration of
exchanges and digital money processors as Money Services Businesses
with FINTRAC.
Innovative regulation:
New York is looking at the performance of its BitLicense
and
examining ways to encourage crypto entrepreneurs.
Morgan likes it: JP Morgan is out with some
favorable comments about Bitcoin in a
The institutions are warming: Fidelity, a leader in crypto custody solutions, published a
great survey of institutional investors and their views of crypto
. Your must read of the
month. Want the TL,DR version?
.
Crypto Prime: The crypto space is borrowing another important element from traditional
markets, the Prime Brokerage service.
Genesis Global Trading bought a custodian
and
BitGo set up their prime offering
and
. This is a strong
signal of institutional interest.
Difficulty works:
An examination of the changes in mining difficulty
and some of the
incentives driving it.
And speaking of Bitcoin mining: In Texas, Bitcoin miners are
production and supply by being part of the grid
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