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 société de trading de Crypto , lance une plateforme OTC sans frais
Wintermute Node sera en concurrence avec d’autres plateformes de trading institutionnelles dans le but d’élargir la base de clientèle de l’entreprise.
La plateforme d'échange de Crypto Blockchain.com acquiert le bureau OTC d'Altonomy
Blockchain.com a confirmé l'accord à CoinDesk. Il élargit considérablement le réseau de Crypto OTC de la plateforme, notamment dans le secteur des altcoins.
La Rally du prix du Bitcoin est alimentée par l'achat de 1,6 milliard de dollars des baleines, selon les données de la blockchain.
Mais la raison pour laquelle les baleines ont effectué leurs achats sur une bourse plutôt que sur un marché de gré à gré reste floue.
Huobi semble avoir suspendu l'enregistrement de nouveaux utilisateurs en Chine continentale
Cette décision intervient après que la Chine a annoncé des mesures plus strictes sur le trading de Crypto .
Le durcissement des règles sur les produits dérivés de Huobi pousse les traders chinois à chercher des alternatives.
Binance pourrait gagner des clients grâce aux nouvelles restrictions de Huobi.
La répression des Crypto à Pékin n'est pas nouvelle, mais ne la sous-estimez T
L'interdiction réitérée des Crypto par la Chine accentue l'attention sur le secteur financier.
