March 2022
NEWSLETTER
In this Issue
→
Reports:
Bitvo’s weekly trading updates for March
→
New from Bitvo:
Crypto During Uncertainty | DAOs | Your Crypto Thesis
→
Announcements:
Top Influential Women in Crypto | OTC Crypto Trading
→
The Network:
Crypto in a war | NFT backed loans | Biden’s order and more
Looking for more of Bitvo’s trading reports?
March Trading in Review
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.
Weekly
Trading Updates
New from Bitvo
Like what you see?
Trading crypto during times of uncertainty
We have broken supply chains. Strange government edicts and behavior. The
weaponization of financial products and…
What are Decentralized Autonomous Organizations (DAO)?
Work has changed a lot recently. Activities that you thought would have
trouble going digital have done so seamlessly…
We live in strange times. Things seem upside down and time seems
accelerated. This is what happens in times of uncertainty…
Announcements
Did you know that Bitvo offers over the
counter services for cryptocurrency
trading? OTC (over-the-counter) facilitates
larger (greater than $25,000) trades with
private and personalized services. In
addition to competitive pricing, our OTC
desk gives you access to better liquidity,
execution and settlement. Learn about
how OTC trading works and meet key
members of Bitvo’s trading team
1-833-862-4886
Need help? Bitvo offers 24/7 customer support!
Two key members of Bitvo’s executive team,
Pamela Draper and Brenda Krause, were
honored this month on Hardbacon’s list of 20
Influential Canadian Women in Cryptocurrency
and Blockchain Technology in 2022. Read the
full article
Have you downloaded our mobile app yet? We
support both iOS and Android devices! Trade on
the go by downloading where you get your
apps.
Around the Network
Want to know what we are up to?
Crypto in a time of war: The conflict in Ukraine shows
the role crypto can play in a conflict
setting with economic sanctions.
This was a much anticipated announcement,
was relatively benign. Looking at investment rounds throughout March across several parts
of crypto, there were no concerns amongst investors
.
The other regulatory announcement: In addition to Biden’s EO,
related to climate. They voted against banning PoW crypto.
El Salvador earned marketing: El Salvador taking a page from Elon Musk’s marketing guide,
and launching Bitcoin volcano bonds.
Woz hearts Bitcoin: Steve Wozniak, co-founder of Apple,
loves the elegance of Bitcoin’s
Here’s a chart from Coin Metrics showing the correlation of Bitcoin with
. This correlation can change, but right now BTC trades like a risk on
asset as opposed to a defensive one.
NFT backed loans: This is a powerful step in
the conversion of digital assets into capital.
Speaking of NFTs: Losses and scams continue to be a major issue in the NFT space.
to be aware of what to look out for.
Trademarks in the metaverse: Another trend this month is large corporations trademarking
for the metaverse. This includes companies like
Loans backed by tokenized commodities: Santander Bank is one of the most technologically
forward banks in Europe and
they are working with Agrotoken to back token/.blockchain
