Bitvo Monthly Newsletter – August



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What’s happening in crypto. Bitvo’s August Trading Reports 

Are Bitcoin and Ether forms of economic strength training?
Buy, sell and trade crypto as a maker or taker 

Should you trade Bitcoin and Ether on the short side?
Bitvo named a FinTech Draft shortlisted company at 

FFCON20! And more announcements…

The Fed isn’t standing still on crypto… and more in your links
for the month

August 2020 Newsletter

In This Issue:



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You can access all of Bitvo’s trading reports here.

Weekly Trading Update – August 4, 2020
Weekly Trading Update – August 10, 2020
Weekly Trading Update – August 17, 2020
Weekly Trading Update – August 24, 2020 

Trading for the Month of

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.



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New From Bitvo

Are Bitcoin and Ether forms of economic strength training? 

Cryptocurrency is building the financial muscle for the economy of the

Buy, sell and trade crypto as a maker or a taker

Find out more about the different types of orders. What a maker and a
taker is. What to do with a stop loss and more.

Should you trade Bitcoin and Ether on the short side? 

Short selling is an important market liquidity and hedging tool. But
there are some downsides you should know about.



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Want to know what we’re up to? Follow us in real time on our social handles!

The Bitvo team continued to participate and sponsor FFCON20: Digital Rise throughout

the month of August. We hope you got to participate as well as they hosted some great

virtual events, including live Meet & Greet featuring Bitvo and other Fintech Draft

shortlisted companies.

President & CEO, Pamela Draper, participated in FFCON’s panel discussing the Future of

CBDCs, Digital Assets and Trading. If you missed this and would like to watch it, you can

access it here.

Have you heard about our FREE etransfer promotion? We didn’t think so…while other

platforms offer free etransfers for a limited time, we just wanted to point out that

etransfer deposits on Bitvo have always been FREE!

The Bitvo Podcast continues to offer new episodes! Check out our latest here.



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Right Here

Around The Network

Falling dominos: No we’re not talking pizza here, it’s old Wall Street titans. It may not have

started with Druckenmiller, but it looks like he might have gotten George Ball rolling.

Top tick or client acquisition?The crypto newswires were on fire as news that Microstrategy

decided Bitcoin was its most important holding. Some moves like this are a top tick.

Although, in the strategy business, they may be looking ahead at the economy (and their clients) of the future.

Oh Snappa! Microstrategy will apparently be joined by Snappa as it gags while looking at

Canada’s flagging economic performance.
Tortoise testing CDBC: 

The Fed isn’t standing still on crypto with experiments on a digital 

dollar continuing.

Crypto enthusiasts will be getting out the popcorn to watch the Fed tortoise

compete with the crypto market hare.
Stick by stick: 

Million dollar transactions are expanding in Bitcoin

, leading some to suspect

that Wall Street has arrived.
Goin’ mainstream:

The New York DFS in charge of Bitlicenses has approved 10

cryptocurrencies for custody and 8 for listing.

Crypto is leaving the early adopters and headed

across the chasm.
Credit where due: The inestimable Meltem Demirors with

a primer on crypto credit 


This is part one of three in this terrific series.

OMG Look at those fees! Several traders got more than Yammed in the protocol when it blew

up. The fees took off as well.

Here’s a great post mortem on fees in the Yampocalypse.

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