OTC


Markets

On-Chain Data Suggests More Institutions Are Buying Bitcoin Over the Counter

On-chain data says that institutions have not stopped buying bitcoin.

Big institutional investors are not deterred by bitcoin's current high price, and they're going OTC to buy it.

Policy

Hong Kong Crypto Exchange Founder Taken Amid China’s Crackdown on Fraudulent Bank Accounts

Hong Kong-based crypto exchange CEO Global said Saturday one of its founders has been taken away by the authorities.

china, law

Markets

Ripple Snaps XRP Sales Slump With $33M of the Crypto Sold in Q2

XRP sales had slumped ever since Ripple paused programmatic sales during Q3 2019.

Ripple CEO Brad Garlinghouse. (Christopher Michel/Wikimedia Commons)

Policy

Hong Kong’s National Security Law Could Threaten Local Crypto Brokerages

The U.S. sanctions on financial institutions in Hong Kong could put the city’s growing crypto brokerage businesses in jeopardy.

Major Hong Kong-based crypto companies will face new challenges in settling cross-border transactions if U.S. sanctions in response to the national security law restrict or ban their access to the U.S. dollar system. (Jimmy Siu/Shutterstock)

Finance

China Police Said to Detain Crypto OTC Traders Amid Money Laundering Crackdown

Chinese police are stepping up efforts in cracking down on illegal economic activities, which now leads to crypto over-the-counter (OTC) traders being detained to assist investigations.

Chinese yuan image via Shutterstock

Markets

Price Gap Between Sellers and Buyers Yawned During Bitcoin's March Sell-Off, Study Finds

As cryptocurrency markets crashed hard in March, bid-ask spreads on major exchanges widened dramatically, according to a report by market maker B2C2.

(Credit: Shutterstock)

Markets

Coronavirus Is Changing How Crypto Markets Are Trading

Cryptocurrency traders are contending with volatile markets due to the coronavirus).

Cryptocurrency exchange flows and bitcoin 30-day volatility from Dec 2019 to present. Data provided by CoinMetrics Pro.

Markets

B2C2 Teams With SFOX Exchange to Bring Transparency to OTC Trades

B2C2, a London-based over-the-counter (OTC) market maker, is sharing its data and allowing transactions on the Los Angeles-based exchange aggregator SFOX.

B2C2 founder Max Boonen (CoinDesk archives)

Finance

Fidelity Digital Assets to Sign Up Its First Crypto Exchange by End of the Year

Fidelity Digital Assets expects to sign its first crypto exchange partner by year-end, giving clients access to a broader pool of liquidity.

Tom Jessop, president of Fidelity Digital Assets

Finance

Crypto OTC Traders Could Have an AI Chatbot Working for Them Come December

Trading startup Artificial Intelligence Exchange claims its AI chatbot can replace human brokers in trading.

AiX

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