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OTC Deals

OTCbid - Market Wrap: Bitcoin Outperforms as Crypto Bulls Take a Breather

 

 

 

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" BTC is up 5% over the past week. Analysts expect further upside after a brief pullback in price

Bitcoin (BTC) reached as high as $45,000 on Friday, although buyers lost momentum later in the New York trading day.

Most alternative cryptocurrencies (altcoins) underperformed BTC on Friday, suggesting a lower appetite for risk among crypto traders heading into the weekend. Further, bitcoin's dominance ratio, or BTC's market cap relative to the total crypto market cap, ticked higher, reversing a short-term downtrend over the past few days.

It appears that crypto bulls are taking a breather, tracking price moves in equities. The S&P 500 and Nasdaq indexes were mostly flat on Friday. From a technical perspective, bitcoin and stocks are approaching short-term resistance levels, which could stall the current relief rally over the next few days.

" - Read Full Article
 

Source: coindesk

150K-500K BTC SELLER IN US

-7% Gross, -4% Net, B2B or L2L, Performance Bond, HSBC Bank Germany, USA

 

Buyer Mandates Only

NEW: 150K up to 500K BTC @ -7% Gross, -4% Net, B2B or L2L, Performance Bond, HSBC Bank Germany, USA - Look For Buyer

(Seller ; PDAV BNG-TELE)

Post: 27.3.22

​​​​

  • Seller is selling 150K up to 500K BTC @ -7% gross, -4% net

  • First tranche = 2500 BTC

  • Second tranche = 7500 BTC

  • Subsequent tranches = 10000 BTC

  • PERFORMANCE BOND WILL BE ISSUED @ HSBC BANK, GERMANY.

  • If buyer(s) are from USA, seller can do F2F after showing POF

​​

  • Buyer = 4%

  • Buyerside 1 = 0.75%

  • Buyerside 2 = 0.75%

  • Sellerside = 1.5% (closed)

  • PROCEDURE B2B:​​

  1. BUYER SIGNS THIS AGREEMENT AND SENDS IT ALONG WITH ATV (EXHBIT A) ADDRESSED TO SELLER /BANK STATEMENT OF ACCOUNT TO SELLER.

  2. SELLER BANK COMMUNICATES WITH BUYER BANK TO VERIFY THE FUNDS AND THEN SELLER COUNTERSIGNS AGREEMENT. BOTH PARTIES LODGE AGREEMENT WITH RESPECTIVE BANKS.

  3. SELLER BANK ISSUES PERFORMANCE BOND (EXHIBIT C) COVERING THE 10.000 BTC FIRST TRANCHE TO BUYER.

  4. BUYER BANK VERIFIES THE PERFORMANCE BOND AND TRANSFERS 10.000 BTC USD/EURO CASH EQUIVALENT TO SELLER BANK ACCOUNT (ISSUER OF PERFORMANCE BOND).

  5. SELLER CONFIRMS THE FUNDS WITH HIS BANK AND CREDIT THE BUYER’S WALLET WITH 10.000 BTC, BUYER CONFIRMS THE COIN VIA BLOCKCHAIN 6 TIMES CONFIRMATION AND NOTIFIES ALL PARTIES.

  6. SELLER PAYS ALL BROKERS AND DISCOUNT TO BUYER BY BTC/FIAT ACCORDING TO THE IMFPA LISTED IN “ANNEX C”.

  7. NEXT TRANCHE CONTINUES UNTIL THE CONTRACT IS EXHAUSTED.

Interested parties should contact :

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