According to CNLedger, a recognized source of China-related cryptocurrency news, the Chinese over-the-counter (OTC) market has revealed strong buys as of late, indicating an overall rise in demand for bitcoin. Continue reading Chinese Crypto Whales Avoid Ban with Premium OTC Trading to Buy Bitcoin
Switcheo, a decentralized cryptocurrency exchange built on top of NEO that offers both ERC-20 and NEP-5 tokens, has recently announced the launch of a fully non-custodial over-the-counter (OTC) trading desk. Continue reading Ethereum, NEO Decentralized Exchange Announces OTC Trading Desk
The over-the-counter (OTC) trading desk at cryptocurrency finance firm Circle had a notional volume of $24 billion in 2018, according to an official Medium blog post on Jan. 3. Continue reading Circle Executed $24 Billion in OTC Trades in 2018
The over-the-counter (OTC) market has long been considered to be bigger in size and volume than the crypto exchange market, having a bigger impact on the Bitcoin price. Continue reading Can the OTC Market Actually Have a Significant Impact on the Bitcoin Price?
Ten months into a bear market that has seen cryptocurrency prices decline approximately 75 percent from their all-time highs, analysts differ on whether the bitcoin price has found a bottom or could continue to decline over a time horizon as long as 18 more months. However, Grayscale Investments, the crypto investment firm that created the publicly-quoted Bitcoin Investment Trust (OTC: GBTC), said that it had raised a record amount of funds through the first three quarters of the year. Continue reading Bitcoin Investment Trust Creator Has Raised Record $330 Million This Year