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.
La società di trading Cripto Wintermute lancia una piattaforma OTC a zero commissioni
Wintermute Node competerà con altre piattaforme di trading istituzionali nel tentativo di espandere la base di clienti dell'azienda.
Il Cripto Exchange Blockchain.com acquisisce l'OTC Desk di Altonomy
Blockchain.com ha confermato l'accordo a CoinDesk. Espande significativamente la rete OTC Cripto dell'exchange, specialmente nello spazio altcoin.
Il Rally del prezzo Bitcoin è alimentato dall'acquisto di 1,6 miliardi di $ delle balene, mostrano i dati della blockchain
Ma il motivo per cui le balene abbiano effettuato i loro acquisti in borsa anziché in un ufficio over-the-counter resta poco chiaro.
Huobi sembra aver sospeso la Cina continentale per la registrazione di nuovi utenti
La decisione è stata presa dopo che la Cina ha annunciato misure più severe sul trading Cripto .
Le regole più severe sui derivati di Huobi lasciano i trader cinesi alla ricerca di alternative
Binance potrebbe acquisire clienti grazie alle nuove restrizioni di Huobi.
La stretta di Pechino Cripto non è una novità, ma T sottovalutarla
Il reiterato divieto Cripto da parte della Cina accentua l'attenzione sul settore finanziario.
