At itBit, we regularly publish reports analyzing the bitcoin market, including OTC. Check back often to read our latest research.
2015 was an exciting year for itBit’s bitcoin trading services featuring many firsts, milestones and strong growth. In May, we launched our bitcoin exchange in the United States after becoming the first company in the space to receive a trust company charter from the New York State Department of...
November marked the wildest month for the bitcoin market this year. The bitcoin price opened the month at $328, hit a high of $500 then fell back into the low-$300s all within the first 10 days of the month. The price drop was followed by a consolidation phase that saw the the price hold major...
The last three weeks have been quite a rollercoaster ride for bitcoin traders. Starting on October 26th, the price of bitcoin broke out from around $280 to touch a high of $500 on November 4th, capping a frenzied nine-day bull run. Since then the price has tumbled back under $350, currently...
Transparency is one of itBit’s core values. Taking the time to answer questions, hold Reddit AMAs and publicly announce results of our USMS auction bids allows us to keep our customers well-informed of our activities and forge a deeper relationship with the bitcoin community.
Our no-fee trading...
Our EVP of Operations and Development, Steve Wager, recently penned an op-ed in the International Business Times stating the case for gold as a global collateral asset. In the article, Steve also discusses how innovative blockchain technologies such as our Bankchain clearing and settlement system...
September was another rough month for the global stock markets as the ongoing correction produced big losses and high volatility. Bitcoin remained range-bound throughout September moving between roughly $225-$240. Bitcoin's stable price movements made it a better investment than many major global...
Calls for the regulation of digital currencies, including Bitcoin, increased in September worldwide. Many governments seem keen on the idea of closely overseeing the use of digital currencies for money transmission. However, there is also concern that controlling the field too closely will hamper...
We have received a number of requests from our traders asking for larger daily and monthly withdrawal limits. Currently, itBit customers have default $2,500 daily and $15,000 monthly withdrawal limits which can be automatically increased to $15,000 daily and $300,000 monthly when Two Factor...
On September 17th, the Federal Reserve decided to hold US interest rates at near zero. In the Fed’s release announcing the decision, they cited global economic weakness as a key reason for leaving rates unchanged.
itBit's Director of Trading, Bobby Cho, appeared on the Bitcoin Technical Analysis show to discuss the current state of the Bitcoin OTC markets and itBit's Global OTC Agency Trading Desk.
Crypto asset trading involves a high degree of risk. The crypto asset market is new and unproven and may not grow. Currently, there is relatively small use of crypto assets in the retail and commercial marketplace in comparison to relatively large use by speculators, thus contributing to price volatility that could adversely affect an investment in crypto assets. In order to participate in the trading of crypto assets, you should be capable of evaluating the merits and risks of the investment and be able to bear the economic risk of losing your entire investment. No material at this site should be considered as an offer by itBit to sell or solicitation by itBit of any offer to buy bitcoin or other crypto assets.
