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OTC Deals

OTCbid - Bitcoin price: BTC could double on one condition says US Government Agency Chairman

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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  • The Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam said Bitcoin could double in price. 

  • Behnam believes regulatory certainty could enable non-bank institutions to thrive and power a Bitcoin price rally. 

  • While US regulator Securities and Exchange Commission is regulating cryptocurrencies through enforcement, the CFTC’s approach is groundbreaking. 

The chairman of an independent agency of the US government, the CFTC believes Bitcoin price could soar in a regulated market where institutional investors feel comfortable wading through the industry. Bitcoin price nosedived below the $20,000 level, fueling a strong growth in trade volume. 

" US Government Agency chair predicts Bitcoin could “double in price”

Rostin Behnam, chairman of the US Commodity Futures Trading Commission (CFTC), an independent agency believes that Bitcoin might “double in price” if it traded in a regulated market. The current crypto ecosystem is largely unregulated, the US Securities and Exchange Commission (SEC) has attempted to regulate cryptocurrencies through enforcement. 

"- Read full article 

 

Source: FXstreet

50K+ BTC SELLER AVAILABLE

-5% Gross, -2% Net, Escrow Lawyer, Thomas Flohr, Escrow2Escrow

Buyer Mandate Only

NEW: 50K BTC With R&E @ -5% Gross, -2% Net, Escrow Lawyer, Thomas Flohr, Escrow2Escrow  - Look For Buyer

(Seller ; KLAL PJAI-GAIL)

Post: 30.9.22

​​​​

  • Seller is selling 50K+ BTC @ -5% gross, -2% net 

  • Buyer = 2% 

  • Buyerside = 1.5%

  • Sellerside = 1.5% 

  • Escrow = (Buyer & Seller pay their own lawyer escrow fees)

  • First tranche = 500BTC

  • ​​

  • PROCEDURE :​

  • 1. Buyer Mandate and Seller Mandate have initial call to discuss terms after RWA/LOI. 5/2 on 50K BTC with rolls and extensions with initial tranche of 500 BTC.  (Completed ?)

  • 2. Seller Escrow Counsel has initial discussion with Buyer's Escrow Law Firm to discuss the escrow arrangements and if agreed then presents Escrow Agreement and Escrow Letter for Buyer's Escrow Law Firm to accept.   

  • 3. Buyer's Escrow Law Firm  accepts Escrow Agreement and Escrow Letter via notice to Seller's Mandate and Seller's Escrow Counsel.   Buyer's Escrow Law Firm provides POF to Seller's Escrow Counsel and Seller issues invoice for the initial tranche of 500 BTC, then, in exchange the Seller will provide transactional wallet with sufficient BTC of at least 2000 BTC to satisfy the initial 500 BTC tranche and subsequent tranches the Buyer and Seller agree to relative to that initial wallet.   

  • 4. Buyer sends funds to the jointly controlled ESCROW ACCOUNT of Buyer Law Firm, or as otherwise agreed.  This initial escrow releases funds as agreed to jointly managed Trust escrow.  Seller's Escrow Counsel and Trust Escrow Counsel confirm receipt of funds to Trust and Seller and Trust send initial tranche to Buyer's designated wallet address for review and acceptance. Buyer accepts the BTC and Buyer Escrow Law Firm and Seller Escrow Counsel authorize the payment of funds by Trust Escrow Counsel.  Buyer Escrow Law Firm and Seller Escrow Counsel disburse funds to Seller Escrow Counsel designated accounts for sell side disbursements and approve payments of buy side disbursements.   

  • 5. STEPS 3-4 REPEAT UNTIL THE CONTRACT IS COMPLETE.

  • Buyer pays Buyer Law Firm Escrow fees, Seller pays Seller Escrow fees when payment to Trust is approved.

  • The Escrow is Thomas Flohr A top teir Escrow Counsel

BUYER MANDATE ONLY

Interested parties should contact :

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