The twelfth-largest crypto asset extended its bullish bias in a week that saw Bitcoin trading cautiously in a tightly-knit price range. The LINK/USD exchange rate jumped $0.43, or 7.45 percent, to establish its week-to-date high at $4.93. Meanwhile, the thirteenth-largest Tezos failed to attract enough traders to sustain its bullish momentum. The XTZ/USD exchange rate fell by $0.17, or 6.96 ... Square Saw Stronger Demand For Bitcoin in Q2, Local Stablecoins + More News; OKEx Enters India with Peer-to-Peer Crypto Trading Platform ; South African Bitcoin Investment Company Faces Fresh Scam Allegations; Coinbase Follows Huobi in Supporting .Crypto Domains-Based Payments; Ripple Sees 1760 Percent Increase in Institutional Over-the-Counter Sales of XRP in Q2 2020; Ripple Q2 2020 Report ... For Adam Todd, the CEO of crypto derivatives exchange Digitex Futures, the rising OI means more money flowing into the Bitcoin futures market. In a conversation with Cointelegraph, Todd stated: “Generally, a rise in open interest means that the price will also rise as new money comes into the market.” Rising open interest amid declining volume also points to traders electing to adopt ... otc cryptocurrency stocks - What is OTC trading? OTC trading is cryptocurrency trading that takes place away from digital currency exchanges. Favored by many large-scale traders, OTC trades are often placed by hedge funds, private wealth managers or high-net-worth individuals. OTC trades can be facilitated in several different ways, including the following: Via brokers. Binance Sent $600 Million in Bitcoin for Just $7. The transaction in block 550211 was a transfer of just over $1 million. For this transaction, Binance paid just over $8 in fees. Another transaction, $600 million at the time it was sent, made it the largest unspent transaction output existing to date. On May 7, the decentralized finance (defi) startup General Protocols revealed the team has raised over $1 million from investors. The creators of General Protocols have introduced innovative projects on the Bitcoin Cash network such as Anyhedge, and have also participated in helping forward the Bitcoin Cash Node (BCHN) project and Flipstarter.cash. The BCH community […]
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