What’s happening in crypto. Bitvo’s August Trading Reports
Are Bitcoin and Ether forms of economic strength training?
Buy, sell and trade crypto as a maker or taker
Should you trade Bitcoin and Ether on the short side?
Bitvo named a FinTech Draft shortlisted company at
FFCON20! And more announcements…
The Fed isn’t standing still on crypto… and more in your links
for the month
August 2020 Newsletter
In This Issue:
You can access all of Bitvo’s trading reports here.
Weekly Trading Update – August 4, 2020
Weekly Trading Update – August 10, 2020
Weekly Trading Update – August 17, 2020
Weekly Trading Update – August 24, 2020
Trading for the Month of
August
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
Are Bitcoin and Ether forms of economic strength training?
Cryptocurrency is building the financial muscle for the economy of the
future.
Buy, sell and trade crypto as a maker or a taker
Find out more about the different types of orders. What a maker and a
taker is. What to do with a stop loss and more.
Should you trade Bitcoin and Ether on the short side?
Short selling is an important market liquidity and hedging tool. But
there are some downsides you should know about.
Announcements
Want to know what we’re up to? Follow us in real time on our social handles!
The Bitvo team continued to participate and sponsor FFCON20: Digital Rise throughout
the month of August. We hope you got to participate as well as they hosted some great
virtual events, including live Meet & Greet featuring Bitvo and other Fintech Draft
shortlisted companies.
President & CEO, Pamela Draper, participated in FFCON’s panel discussing the Future of
CBDCs, Digital Assets and Trading. If you missed this and would like to watch it, you can
access it here.
Have you heard about our FREE etransfer promotion? We didn’t think so…while other
platforms offer free etransfers for a limited time, we just wanted to point out that
etransfer deposits on Bitvo have always been FREE!
The Bitvo Podcast continues to offer new episodes! Check out our latest here.
Around The Network
Falling dominos: No we’re not talking pizza here, it’s old Wall Street titans. It may not have
started with Druckenmiller, but it looks like he might have gotten George Ball rolling.
Top tick or client acquisition?The crypto newswires were on fire as news that Microstrategy
decided Bitcoin was its most important holding. Some moves like this are a top tick.
Although, in the strategy business, they may be looking ahead at the economy (and their clients) of the future.
Oh Snappa! Microstrategy will apparently be joined by Snappa as it gags while looking at
Canada’s flagging economic performance.
Tortoise testing CDBC:
The Fed isn’t standing still on crypto with experiments on a digital
Crypto enthusiasts will be getting out the popcorn to watch the Fed tortoise
compete with the crypto market hare.
Stick by stick:
Million dollar transactions are expanding in Bitcoin
, leading some to suspect
that Wall Street has arrived.
Goin’ mainstream:
The New York DFS in charge of Bitlicenses has approved 10
cryptocurrencies for custody and 8 for listing.
Crypto is leaving the early adopters and headed
across the chasm.
Credit where due: The inestimable Meltem Demirors with
This is part one of three in this terrific series.
OMG Look at those fees! Several traders got more than Yammed in the protocol when it blew
up. The fees took off as well.
Here’s a great post mortem on fees in the Yampocalypse.
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