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OTCbid - Bitcoin rips ahead, Grayscale ETF looking likely

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" Bitcoin (BTC) soared on Monday after Grayscale came closer to having its spot-bitcoin exchange-traded fund (ETF) approved for trading on the US stock exchange.

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US markets regulator the Securities and Exchange Commission (SEC) said it would not appeal a court ruling, a source reportedly told Bloomberg on Friday, 13 October.

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In August, Judge Neomi Rao ruled that the SEC’s denial of Grayscale’s ETF application, which would allow investors to directly own bitcoin on the public markets, was “arbitrary and capricious”.

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The SEC has yet to appeal the decision.

While there is no official confirmation on the matter, markets pounced on the possibility, sending bitcoin rocketing higher when trading kicked into gear this morning.

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At the time of writing, the BTC/USDT was swapping for more than $27,800, having added 2.5% in morning trades.

" - Read More

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Source:​ proactiveinvestors

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100K BTC SELLER IN ZURICH

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NEW: 100K BTC @ -8% Gross, -5% Net, F2F, B2B, Zurich, Dubai - Look For Buyer

(Seller : SEUGE PJARA-GAIL)

Post: 16.10.23

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• Seller is selling 100K BTC @ -8% Gross, -5% Net.

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• Buyer = 5%

• Buyerside = 1.5%

• Sellerside = 1.5% 

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• PROCEDURE (B2B):

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• 1. BUYER AND SELLER SIGN AGREEMENT (BUYER PROVIDE CURRENT STATEMENT ACCOUNT, SELLER PROVIDER WALLET SCREEN SHOT), BUYER ISSUE A CHEQUE COVERING THE FIRST TRANCHE MINIMUM 500BTC IN SELLER GIVEN ACCOUNT NAME 

• 2. SELLER AGENT FLY  AND MEET BUYER DURING FACE TO FACE MEETING EITHER IN SWITZERLAND OR DUBAI , AT WINDOW TIME SELLER WILL REMOTELY SHARE HIS WALLET LIVE SCREEN  WITH BUYER VIA TEAMVIEWER OR ZOOM VIDEO CALL , BUYER CONFIRM THE COIN BALANCE 

• 3. BUYER PAY FOR THE FIRST TRANCHE DURING THE MEETING 500 BTC TO SELLER GIVEN ACCOUNT VIA WIRE TRANSFER- OR HAVE THE ISSUED CHEQUE DEPOSIT INTO SELLER BANK ACCOUNT AND SEND COPY OF THE DEPOSIT TO SELLER AND HARD COPY TO SELLER AGENT. 

• 4. SELLER CONFIRM THE FUND AND NOTIFY THE BUYER AND HIS AGENT, SELLER SIMULTANEOUSLY TRANSFER THE 500 BITCOINS FROM THE SAME WALLET TO THE BUYER’S WALLET AND PROVIDE THE SCREENSHOT TO THE BUYER  

• 5. SELLER PAY ALL BROKERS AND DISCOUNT TO BUYER BY BTC PARTIES DEPART MEETING VENUE. 

• 6. BUYER CONFIRM THE BITCOINS AND PREPARE FOR THE MAIN SECOND TRANCHE OF 1,000 BITCOINS

• And is RWA to proceed , confirm i will send the draft SPA for buyer sign first .

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• BUYER MANDATE ONLY

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Interested parties should contact :

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• OTCbid@gmail.com

• DM Raymond Chai (on Linkedin) - https://www.linkedin.com/in/raymondchai/

• OTCbid.com