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OTCbid - Bitcoin Emerges as Safe Haven as Traditional Finance Faces Turmoil

 

 

" Bitcoin has regained its luster as digital assets outperform following traditional finance’s (TradFi) recent turbulence. With the collapse of Silvergate, Silicon Valley Bank (SVB), Signature Bank and most recently Credit Suisse, cryptocurrencies appear to have become a safe haven among the mismanaged TradFi establishment.

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On March 8, rumors of trouble at SVB caused digital assets to become entangled in the situation. The announcement that $3.3 billion of Circle's dollar-backed USDC stablecoin was held at SVB caused the stablecoin to depeg from the U.S. dollar.This led to digital asset investors selling positions on major exchanges. Bitcoin dropped from 22,410 to 19,500, and ether slipped almost 200 points from 1,560 to 1,368, breaking below its 200-day moving average momentarily before recovering.

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By Friday, March 10, news of the largest bank failures since 2008 had consumed financial media outlets, and banking indexes plummeted on fears of widespread contagion. The S&P Regional Banking Index (KRE) lost over 28% in roughly five trading days, and has yet to recover.” - Read More

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Source:COINDESK​

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10K-100K+ BTC BUYER IN UKD

-8% gross, -5% net, F2F, B2B, UK

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NEW: 20K-100K+ BTC @ -8% gross, -5% net, F2F, B2B, UK - Look For Seller

(Buyer :  (KRIC PRAY-TELE)

Post: 24.3.23​

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• Buyer = 5%

• Buyerside = 1.5%

• Seller side = 1.5%

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• Start with = 5000 BTC

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• PROCEDURE:

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• 1.Buyer sends POF

• 2.Seller Sends satoshi 

• 3.Seller sends SPA

• 4.Buyer fills in + CIS

• 5.Seller counter sign

• 6.seller sends invoice 

• 7.Buyer pays 50% tranche

• 8.Seller sends 100% tranche

• 9.After buyer confirm BTC pays remaining 50%

 

SELLER MANDATE ONLY

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Interested parties should contact :

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• OTCbid@gmail.com

• DM Raymond Chai (on Linkedin)

• Telegram: +1 (786) 632 8577

• T.me/otc_bid

• OTCbid.com