Latest News for: Btc otc desk

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Bitcoin “Liquid Inventory Ratio” Hits All-Time Low, What It Means

NewsBTC 27 Mar 2024
the total exchange reserve, miner holdings, OTC desk holdings, and US government-seized BTC ... The accumulation addresses are those that have a history of only buying BTC and no history of selling ... BTC Price.
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BTC supply crunch sparks frenzy ahead of Bitcoin halving

Invezz 09 Mar 2024
The decreasing amount of BTC held in over-the-counter (OTC) desks, proxies for institutional activity, underscores this shift ... According to Glassnode data, the current OTC desk balance of around 5k ...
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Bitcoin updated its all-time high. What might be next?

Cex 07 Mar 2024
... of BTC, DOGE, NEAR, and FTM ... Supply shock claims — Some crypto enthusiasts spread the narrative that multiple over-the-counter (OTC) desks, as well as the retail-focused CashApp, ran out of BTC.
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Bitcoin Will Reach A New All-Time High This Week, Matrixport Head Of Research Says

NewsBTC 04 Mar 2024
Among the factors driving the Bitcoin price identified by the analyst was a significant decrease in the amount of over-the-counter (OTC) BTC available for large institutions ... However, these OTC sellers ...
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Record-breaking Bitcoin price surge on horizon as OTC desks dry up, predicts 10X Research

Cryptoslate 04 Mar 2024
Moreover, heightened institutional demand has led to declining Bitcoin balances on Over-the-counter (OTC) desks and crypto exchanges. Thielen reported OTC balances have plummeted from around 10,000 BTC ...
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Bitcoin scarce on OTC desks, Says Caitlin Long

Cryptopolitan 02 Mar 2024
This process has contributed to the recent price increases, with instances where as little as 40 BTC were available for sale on OTC desks at any price point ... Clemente suggests that claims of OTC desks ...
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Bitcoin OTC Desks ‘Dried Up To 40 BTC’: What This Means

NewsBTC 01 Mar 2024
This scarcity of BTC on OTC desks is not an isolated incident but part of a broader trend indicating a significant shift in the market ... In conclusion, the depletion of BTC supply on OTC desks marks a pivotal moment for the market.
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Crypto CEO Drops Bombshell Discovery Why Bitcoin Price Is Muted Post-ETFs

NewsBTC 23 Feb 2024
“700K BTC has moved to OTC desks used by miners over the past three weeks following spot Bitcoin ETF approval.” This revelation has sparked a reevaluation of the impact of such substantial transfers on the market dynamics of Bitcoin.
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Bitcoin Miners Move 700,000 BTC to OTC Desks in 3 Weeks, Here’s What it Means

CryptoPotato 23 Feb 2024
700,000 BTC Flow to OTC Desks ... 700K $BTC has moved to OTC desks used by miners over the past three weeks following spot #Bitcoin ETF approval.https.//t.co/beKpUVllNj pic.twitter.com/3F20yAxuX5.
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Bitcoin Bulls Regroup as Ethereum and Binance Coin Take the Center Stage: This Week’s Crypto Recap

CryptoPotato 23 Feb 2024
BTC Dominance ... BTC ... Bitcoin Miners Move 700,000 BTC to OTC Desks in 3 Weeks, Here’s What it Means. Bitcoin miners have sent a total of more than 700K BTC to over-the-counter (OTC) trading desks in just a few weeks.
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Bitcoin (BTC) Miners Linked to $35.9B OTC Trade Post ETF Approval

CoinGape 22 Feb 2024
700K $BTC has moved to OTC desks used by miners over the past three weeks following spot #Bitcoin ETF approval.https.//t.co/beKpUVllNj pic.twitter.com/3F20yAxuX5.
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On-chain data shows Bitcoin supply is tightening

Cryptoslate 15 Feb 2024
These ETFs, which have seen over $4.1 billion in flows since they began trading just over a month ago, use OTC desks to acquire BTC ... selling to OTC desks, which cater to the growing demand from ETFs.
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Why most Grayscale investors may remain in profit if GBTC falls further 20% to $27

Cryptoslate 23 Jan 2024
Should the price fall to this level and its assets under management see an equivalent decline, we’d witness a further 230,000 BTC hit the OTC desks, worth around $8.9 billion as of press time.
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If BlackRock continues 6k BTC daily buys we get a supply crunch within 18 months, ...

Cryptoslate 18 Jan 2024
The demand for Bitcoin is unlikely to remain consistent at any price, so assuming the same BTC inflows over a prolonged period is improbable ... So far, the Coinbase OTC desks have had sufficient liquidity to soak up the requirement.
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