The cryptocurrency markets experienced their first sustained rally since March as most digital assets began to bounce back from their low levels of the last few months.
In July, bitcoin and ethereum closed the month at US$23,310 and US$1,679, rising 22.0% and 62.8%. Singapore-based OrBit Markets, an institutional liquidity provider in crypto options and structured products, has raised US$4.6m in an angel funding round led by digital assets financial services platform Matrixport, Brevan Howard Digital, New Form Capital, Maven 11 and Westridge Markets – the round was oversubscribed. Founded this year by a team of former leaders of Deutsche Bank’s t