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.
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.
The bitcoin price was down 3% last week with the release of Bitcoin XT serving as the key driver of the sell-off. The ongoing Bitcoin forking debate should continue to impact the markets this week, as traders look to process the ramifications of a potential fork in January.
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.
Following a quiet work week, the bitcoin market plummeted nearly 7% on Saturday following news that several Bitcoin firms would stop operating in New York due to the BitLicense. The price drop erased a month’s worth of gains for many traders who will look to identify new support levels and start...
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.
Trading in July was heavily influenced by the events in Greece, trading in the Shanghai composite and speculative bets in the Litecoin market. Unlike July, August should offer greater stability through inactivity. The global financial markets typically generate less news and lower volumes in...
We are proud to introduce the itBit Global OTC Agency Trading Desk, a boutique service that specializes in facilitating large transactions over 100 bitcoins.
It’s been a tumultuous July in both the bitcoin and financial markets. Traders resonded to the news of a Greek bailout with a sell off that had the price of bitcoin down for the week. Over the last six months, global market events have impacted the price of bitcoin more than ever. This growing...
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.