November 2022
NEWSLETTER
In this Issue
→
Reports:
Bitvo’s weekly trading updates for November
→
New from Bitvo:
Santa, Crypto and tax | TFW | Twitter + Crypto Adoption
→
Announcements:
FTX and Bitvo
| Delisted Dash
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The Network:
NFT Future | Crypto Data | Digital Dollar Pilot and more…
Looking for more of Bitvo’s trading reports?
November Trading in Review
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.
Weekly
Trading Updates
New from Bitvo
Like what you see?
Santa, crypto and tax loss harvesting
The end of the year is a special time for many reasons. One is that it’s tax-loss
season. Explore what that means for your crypto holdings and trades…
Over the last several months we have been subjected to a barrage of
events. And it is during these periods that you have to slow things down a bit
and think your actions through…
Is Twitter the answer to universal crypto adoption?
Well, it happened. Elon bought Twitter. DOGE ripped higher in
anticipation. What could this mean for universal crypto adoption…
Announcements
In a series of events that shocked not only
the cryptocurrency sector but financial
markets globally, FTX filed for bankruptcy
proceedings in the United States. As a
result, Bitvo announced the termination of
its pending transaction with FTX. For full
details on this, please see our
Additionally, for commentary on the
transaction, future for Bitvo, state of the
industry and importance of regulated
players like Bitvo now more than ever,
please see
Bloomberg News Network.
Bitvo delisted Dash on November 18th.
Any remaining Dash holdings were
liquidated to Canadian dollars and credited
to customers’ account. Please contact the
questions regarding this.
1-833-862-4886
Need help? Bitvo offers 24/7 customer support!
Around the Network
The future for NFTs: Great podcast interview from
a16z about broader use cases for
punk6529.
NFTs and creator royalties:
Creator royalties are a hot topic right
watch. Fred Wilson, a big investor in the space, describes the controversy.
Ethereum Shanghai: A quick summary of the
DeFi steady during turmoil: When they started, smart contract based protocols were
derided as impossible. But smart contract based DeFi projects
well during broader crypto market shakeups.
DeFi still attracting capital: DeFi continues to
attract capital in spite of market
Layer 2 bridges still growing: The Arbitrum Bridge is
Bridges are still early, and have some challenges, but there is clear demand for
the product.
Crypto data: Goldman Sachs has joined Coinmetrics to
for institutions. The service on Coinmetrics
Crypto on the Bloomberg: The iconic Bloomberg terminal was the original financial
data, news and information gathering service.
Several US banks are starting a digital dollar pilot.
Is this a
precursor to a CBDC?
Crypto lending pileup: 2022 has been an abject lesson in the challenges around
lending, collateral and duration.
Some strong points in this brief piece on Genesis.
Post turmoil in Miami: Conferences in Miami explored the turmoil of recent weeks
and some optimism about what comes next.
Want to know what we are up to?
