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 $160 million in a hack relating to its decentralized finance (DeFi) operation, but the company’s lending and OTC operations have not been affected. “The Hash” panel breaks down the details.
Empresa de negociação de Cripto Wintermute lança plataforma OTC com taxa zero
O Wintermute Node competirá com outras plataformas de negociação institucionais em uma tentativa de expandir a base de clientes da empresa.
A bolsa de Cripto Blockchain.com adquire o balcão OTC da Altonomy
Blockchain.com confirmou o acordo para CoinDesk. Ele expande significativamente a rede OTC de Cripto da exchange, especialmente no espaço altcoin.
Rally do preço do Bitcoin é alimentado pela compra de US$ 1,6 bilhão das baleias, mostram dados do Blockchain
Mas ainda não está claro por que as baleias fizeram suas compras em uma bolsa em vez de um balcão.
Huobi parece ter suspendido a China continental para registro de novos usuários
A medida ocorreu depois que a China anunciou medidas mais duras sobre negociação de Cripto .
Regras mais rígidas de derivativos da Huobi deixam os comerciantes chineses lutando por alternativas
A Binance pode ganhar clientes por causa das novas restrições da Huobi.
A repressão de Cripto de Pequim não é nova, mas T a descarte
A reiterada proibição de Cripto na China aumenta o foco no setor financeiro.
