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.
News broke from the CFTC last week regarding the future legality of certain trading venues that offer swap facilities and, more importantly, that bitcoin is now classified as a commodity. Although there is now greater clarity around the categorization of bitcoin and which federal regulatory body...
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.
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.
As we alluded to in last week’s Lifting the Offer, growing negative trader sentiment, specifically a lack of confidence in the early-September rally, was a key catalyst for the weekend correction. The bitcoin price was down over 4% for the week but remains up overall in September. This week, all...
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.
As summer draws to a close, the hope among traders is that the sell off in the bitcoin market is also coming to an end. The bitcoin price is up over 6% over the last few days, a welcomed increase following a tumultuous three-week period. Given the recent price jump, a pullback may be on the...
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.
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.
