OTC Desks


Markets

Bitcoin Approaches All-Time Highs as Daily OTC Desk Inflows Drop to Year's Lows: CryptoQuant

Over-the-counter desks hold 416,000 bitcoin valued around $30 billion, a level that has remained stagnant for the past month.

Bitcoin flow to over-the-counter desks (CryptoQuant)

Markets

Bitcoin Bull Run in Question as Balances on OTC Desks Rise to 410K

The amount of bitcoins on OTC desks has doubled over the past five months to the highest level since May 2022.

Bitcoin: Total OTC Desk Balance (CryptoQuant)

Finance

Standard Chartered-Backed Zodia Markets to Buy Elwood Trading Desk

The deal will strengthen Zodia Markets' over-the-counter business while allowing Elwood to conentrate on its software-as-a-service activities.

Headshot of Zodia Markets CEO Usman Ahmad

Markets

Crypto OTC Volumes on Wintermute Soared 400% in 2023

The market maker said the uptick in over-the-counter trading was due to volumes moving off-exchange.

OTC volumes in 2023. (Wintermute)

Markets

Bitcoin Holdings on OTC Desks Decline 33%: Glassnode

Over-the-counter desk balances are widely considered a proxy for institutional activity. Still, caution is warranted when drawing conclusions.

BTC OTC desk balance (Glassnode)

Finance

Crypto Traders Flock to OTC Markets as Exchange Liquidity Dries Up Amid Regulatory Clampdown

Over-the-counter demand is on the rise as spreads remain tight across OTC desks.

(Shutterstock)

Finance

Crypto Trading Firm Wintermute Launches Zero-Fee OTC Platform

Wintermute Node will compete against other institutional trading platforms in a bid to expand the firm’s client base.

Business fund investor planning for investment in crisis recession coronavirus , Covid-19 after stockmarket crash using cryptocurrency,bitcoin, for invest use digital tablet and mobile online trading

Markets

Chinese Traders Use OTC Desks to Bypass Regulatory Hurdles: Report

Over-the-counter activity has picked up since the Communist Party reiterated its ban on crypto services on May 18.

China flag

Markets

Planning to Short Bitcoin? Better Check China’s ‘Tether Premium’ First

Bitcoin analysts say this week's quick market rebound might be due to Chinese retail buyers buying the dip, using the stablecoin tether.

tether

Markets

Why a Chinese New Year Sell-Off May Not Happen This Year

It's the year of the ox, and many traders and investors are holding their bitcoin in anticipation of a bullish market trend.

Chinese New Year lion masks

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