At itBit, we regularly publish reports analyzing the bitcoin market, including OTC. Check back often to read our latest research.
August was a tumultuous month for both global stock markets and the bitcoin market. Corrections in key global markets, the forking debate within the Bitcoin community and issues with several major bitcoin exchanges all played a role in driving down the price of bitcoin for the month.
In August, international organizations were especially active when it came to furthering exploration of Bitcoin regulation. Many countries particularly placed a focus on the role regulation could play in thwarting the use of digital currency to fund and support illegal activities.
We are happy to offer all itBit customers free bitcoin trading through October 31st, 2015.
In light of the recent block size debate within the Bitcoin community, we'd like to announce our support for the implementation of BIP101. We strongly believe in Bitcoin's potential, but also recognize the need for a long-term, flexible solution around network throughput.
Since its inception, Bitcoin has existed in a zero interest rate environment. This may soon change as the Federal Reserve appears close to raising interest rates for the first time in seven years.
NEW YORK, August 13, 2015 – itBit, a financial services company leveraging traditional capital markets infrastructure and blockchain technology, today announced the appointment of Jim Manzi, former Chairman and CEO of Lotus Development Corporation, to the company’s Board of Directors, and Ed...
Earlier this week, several bitcoin exchanges announced they were ceasing operations in New York due to the new BitLicense requirements. We have received a number of questions around itBit’s legal status in New York as well as the BitLicense and wanted to take a moment to address the community.
In July, the decline of the Shanghai Stock Exchange and crisis in Greece fueled an early uptrend in the bitcoin market. The price briefly broke $300 before falling back below that key resistance level. Despite ending the month quietly, bitcoin outperformed several major asset classes including...
In July, incremental progress was made on the path to digital currency regulation in the United States via amendments to existing proposals. Around the globe, governments continued to express interest in learning more about digital currencies in order to determine how they might be best regulated.
The increasingly bleak economic news out of Greece has impacted the bitcoin markets, serving as a key price driver since early-June. Our July Bitcoin Macro View report examines how Greece arrived at the brink of economic collapse and the impact the ongoing crisis has had on bitcoin.
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.
