OTC
Institutional Investors Appear To Be Driving Bitcoin's Rally
An increase of bitcoin held on over-the-counter desks indicates large investors are purchasing the cryptocurrency. New Glassnode data shows the tally has increased by 70% to 5,293 BTC since January 11. Private wealth managers, high-net-worth individuals or hedge funds wishing to convert large amounts of cash into crypto assets seamlessly typically use OTC desks. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.
Crypto Options Market Since FTX's Implosion
Market makers' share of crypto options trading volume settled through OTC platform Paradigm has increased as hedge funds, family offices and high-net worth individuals sit on the fence. And it appears the situation could persist for some time. "All About Bitcoin" host Christine Lee presents the Chart of the Day.
FTX Collapse: Ontario Teachers' to Write Off FTX Stake; Genesis Block Reportedly Ceases Trading Services
Ontario Teachers' Pension Plan, one of Canada's largest pension funds with nearly $250 billion in assets under management (AUM), will write down the entirety of its $95 million investment in FTX after the troubled crypto exchange filed for bankruptcy protection. And Genesis Block will cease over-the-counter (OTC) trading services in wake of contagion risks from the now-bankrupt FTX exchange, according to a Reuters report. Genesis Block Trading is unrelated to Genesis Global Capital, which is owned by Digital Currency Group (DCG). DCG is also the parent company of CoinDesk.
Cryptocurrency Market Maker Wintermute Lost $160M in Hack
Cryptocurrency market maker Wintermute lost $160 million in a hack relating to its decentralized finance (DeFi) operation, but the company’s lending and OTC operations have not been affected. “The Hash” panel breaks down the details.
Wintermute, la empresa de comercio de Cripto , lanza una plataforma OTC sin comisiones
Wintermute Node competirá con otras plataformas comerciales institucionales en un intento por expandir la base de clientes de la empresa.
La plataforma de intercambio de Cripto Blockchain.com adquiere la mesa OTC de Altonomy
Blockchain.com confirmó el acuerdo a CoinDesk. Este amplía significativamente la red OTC de Cripto del exchange, especialmente en el sector de las altcoins.
El precio de Bitcoin Rally impulsado por la compra de 1.600 millones de dólares por parte de las ballenas, según datos de blockchain
Pero aún no está claro por qué las ballenas realizaron sus compras en una bolsa en lugar de en un mostrador extrabursátil.
Huobi parece haber suspendido el registro de nuevos usuarios en China continental
La medida se produjo después de que China anunciara medidas más duras sobre el comercio de Cripto .
Las normas más estrictas de Huobi sobre derivados hacen que los operadores chinos busquen alternativas
Binance podría ganar clientes debido a las nuevas restricciones de Huobi.
La ofensiva de Pekín contra las Cripto no es nueva, pero no T que desestimarla
La reiterada prohibición de las Cripto en China agudiza la atención sobre el sector financiero.
