What’s happening in crypto. Bitvo’s July Trading Reports
The Institutions are coming to cryptocurrency
Bitcoin is the foundation for a new financial literacy
Crypto Mining: An interview with Ben Gagnon of Bitfarms
We’ve launched a podcast! And other announcements
Visa, Mastercard and Paypal change their tune, and more in
your links for the month
July 2020 Newsletter
In This Issue:
You can access all of Bitvo’s trading reports here.
Weekly Trading Update – July 6, 2020
Weekly Trading Update – July 13, 2020
Weekly Trading Update – July 20, 2020
Weekly Trading Update – July 27, 2020
Trading for the Month of
July
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
The Institutions are coming to cryptocurrency
Find out how institutions will impact the crypto market when they begin
allocating in size.
Bitcoin is the foundation for a new financial literacy
Bitcoin is a new form of financial literacy. It’s real time, experience
based and focused on being a producer.
Crypto Mining: An interview with Ben Gagnon of Bitfarms
From a hobby securing the network to integrating into the energy grid,
crypto mining has moved to the mainstream.
Announcements
Want to know what we’re up to? Follow us in real time on our social handles!
Bitvo launched its own podcast! Two episodes are available so far. In the first, our hosts
Steph and Tris discuss the evolution of cryptocurrency adoption and what it could mean
for the future. In the second, they provide some valuable trading tips! Check out both
episodes
and stay tuned for more!
And speaking of podcasts, we recorded an episode on Preconceived explaining the history
of cryptocurrency, how it works and why the economy called for a new type of currency.
Have a listen
FFCON20 kicked off in July. Bitvo is a sponsor and participant of this virtual conference.
Bring your FinTech ideas to life – it’s not too late to get tickets as it runs through the end of
August. Check out the schedule for the remaining weeks and get your tickets
. Use our
promo code “FFCON20_COMMUNITY_P”
We’re diving into the world of crypto art! Follow us on socials to view features like this
Around The Network
Goin’ mainstream:
Guidance on crypto custody at national banks and federal savings
means crypto is here to stay.
Keep your competition close:
The kings of payments have recognized the future
, and if
they want to be involved, it means they have to be in crypto. Will they be a bridge or
casualty?
Mystery wallet: Tongues wagged
when a sizable amount of Bitcoin moved from one
. Well it happened again. The cost of the transaction? 48 CENTS. No
wonder Visa, Paypal and Mastercard are interested.
Filling coffers:
Grayscale announced that it vacuumed up another $900 sticks in assets.
And it seems that some of it is risk seeking with Zcash, ETH and Stellar posting gains
between 62-72%.
Hashing it out:
The BTC hash rate made a record
. Look at the date of the
announcement… a pause before a run.
Dev in Dog Years: While the Ethereum platform is leading the proliferation of
stablecoin adoption,
they are still debating the timing of new releases.
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Steady hand: The original crypto bank, Silvergate,
has been quietly developing lending
. Collateralized loans using Bitcoin appear to be hot right
now.
The ownership economy: A16Z alum, Jesse Walden is leading a new crypto powered
ownership economy.
Jesse outlines his thesis here
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