OTCbid - The Cryptocurrency Crash Is Great News For The Rest of The World. Here's Why
" Cryptocurrencies like Bitcoin were meant to be used as digital cash. Instead, they've become popular as speculative investments.
As well as being resource-intensive and inherently wasteful, cryptocurrencies are also incredibly volatile. Prices for the largest cryptocurrencies, Bitcoin and Ethereum, have both dropped by over 55 percent in six months, leading some to suggest that regulation is needed to contain the turmoil.
Some are blaming sliding prices on one specific contagion, a collapsing "stablecoin" called TerraUSD which is supposed to be pegged to the US dollar. But the current cryptocurrency market crash is more likely a combination of lots of factors.
For years, interest rates have been close to zero, making bank bonds and treasury bills look boring as investments, while cryptocurrencies and digital non-fungible tokens (or NFTs) linked to artwork, look appealing.
However, the US Federal Reserve and the Bank of England recently increased interest rates by the largest amount since 2000. Continuing COVID controls and Russia's invasion of Ukraine have also sobered up the markets.
50K+ BTC BUYER IN USA
-5% Gross, -2% Net, B2B, Escrow, Goodwin Procter, Signature Bank, JP Morgan, Deutsche Bank, HSBC Bank, NY, Germany, Europe.
Seller Mandate Only
NEW: 50K BTC with R&E @ -5% Gross, -2% Net, B2B, Escrow, Goodwin Procter, Signature Bank, JP Morgan, Deutsche Bank, HSBC Bank, NY, Germany, Europe. - Look For Seller
(Buyer : DROB PEER-GAIL)
Buyer is looking for 50K BTC with R&E @ -5% gross, -2% net
Buyer = 2%
Buyer side = 1.5% (closed)
Seller side = 1.5%
A Buyer would like to buy 50K BTC with R&E. This party also has deep pockets.
Should be a B2B or escrow deal via Goodwin Procter or any reputable international law firm.
Transactions in US = Signature Bank and JP Morgan NY
Transactions in Germany = Deutsche Bank
Transactions in Europe = HSBC Bank
SELLER MANDATE ONLY
Interested parties should contact :