Tag Archives: OTC

Chinese Crypto Whales Avoid Ban with Premium OTC Trading to Buy Bitcoin

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

Bitcoin Investment Trust Creator Has Raised Record $330 Million This Year

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