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OTCbid - Bitcoin fees skyrocket on spot BTC ETF hype

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" The prospect of a spot Bitcoin BTC $36,512 exchange-traded fund (ETF) being approved soon in the United States has increased demand for the major cryptocurrency, leading to a surge in transaction fees.

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The Bitcoin blockchain reached $11.6 million in fees paid on Nov. 16, according to statistics from CryptoFees. At the time of writing, YCharts data shows that the average transaction fee is $18.69, up 113% from the previous day and 746% from a year ago.

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According to Cointelegraph’s market analysis, Bitcoin remains near 18-month highs and beyond its bear market trading range. At the time of writing, the cryptocurrency is trading at $36,407, a 0.58% gain over the past 24 hours.

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Bitcoin’s price has been rising since Wall Street investment manager BlackRock filed for a spot BTC ETF with the Securities and Exchange Commission in June. After BlackRock's application, several other major asset managers in the United States submitted similar proposals, including Fidelity, ARK Invest, and WisdomTree, among others.

 - Read More

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Source:​ Cointelegraph

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50K-500K BTC SELLER AVAILABLETON

 

 

 

NEW: 50K-500K BTC @ -8% Gross, -5% Net, USD / EURO, Ledger, Wallet, F2F, Bank - Look For Buyer 

Seller: DEUGE PJARA-GAIL

Post: 18.11.23

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• Seller is selling 50K-500K BTC @ -8% Gross, -5% Net.

• Non-Negotiable Transaction Procedures for FIAT

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• Buyer = 5%

• Sellerside = 1.5% (closed)

• Buyerside: 1.5%​

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• PROCEDURE :

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• a. Seller sends procedures for buyer to review and accept.

• b. Buyer signs and returns the offer include total quantity and tranches schedule  to Seller with CIS.

• c. Seller releases the wallet to buyer to do DD.

• d. Seller prepares the sale contract with Buyer and Seller info to be executed by both parties.

• e. Seller and Buyer will arrange time and date to meet at the seller/ agent office or at the bank (F2F) for the buyer to transfer funds in the seller account.

• f. Upon the seller confirms the funds in his account the seller shall transfer the BTC within one hour to the buyer wallet (if Seller failed to do the transfer in one hour after the funds posted on his account the account signatory will immediately reverse the funds to buyer at the bank) per contract agreement.

• g. Upon the buyer receiving the BTC at the bank’s meeting, the buyer and seller shake each other hands and schedule the next transaction.

• An official SPA is issued after Buyer’s acceptance. Procedures are not negotiable.

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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

  • Discord: #OTCbid

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