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OTCbid - Bitcoin falls as world's largest hedge funds get involved in cryptocurrency market



" The price of bitcoin (BTC-USD) slipped on Thursday as some of the world’s leading hedge funds look to get involved in the cryptocurrency market....

.....It comes as Steve Cohen’s Point72 Asset Management are looking to hire a head of cryptocurrencies and George Soros’s family office is now trading Bitcoin, Bloomberg first reported, citing sources familiar with the matter.

Point72 rival Millennium Management has already been active in crypto-related futures and exchange-traded funds, while Brevan Howard Asset Management and macro trader Paul Tudor Jones have also begun investing in crypto.

“We are exploring opportunities around blockchain technology and its transformative and disruptive capabilities,” Point72 said in a May letter to investors seen by Bloomberg. “We would be remiss to ignore a now $2tn crypto currency market.”

The moves mark the latest sign of established players getting into the market after a wave of institutional support in recent months. " - Read Full Article


Source: Yahoo




400K+ BTC BUYER IN NEW YORK

" We get asked for millions of BTC from billion-dollar companies. We can do it with multiple sellers and multiple wallets."

- OTCbid


-7% Gross, -4% Net, Escrow2Escrow, Brooks Harrison, New York

Seller Mandates Only - OTCbid.com


NEW: 400K+ BTC @ -7% gross, -4% net, Escrow2Escrow, Brooks Harrison, NY - Look For Seller

(Buyer : YH RK-Gail)

Post: 29.6.21

​​​​​​

  • A Buyer in NY is looking for 400K+ BTC @ -7%gross, -4% net

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  • Buyer = 4%

  • Buyerside = 1.5% (closed) (paid by seller)

  • Sellerside = 1.5% (paid by seller)

  • Escrow = 1% (paid by buyer)

  • Minimum size of contract 200K BTC​

​​​

  • PROCEDURE :

  • Buyer and Seller shall sign this Purchase Agreement.

  • Buyer shall show proof of funds for the first tranche via an active recent bank account statement of USD (United States Dollars) in cash via email to the Buyer`s Escrow Agent - Brooks Harrison. Seller shall provide proof of coins to prove availability to the Seller`s Escrow Agent -. The form of (POC) is a certification letter of the Bitcoins provided by the Seller`s Escrow Agent -.

  • Buyer and Seller shall forward to the Escrow Agents exact wire information and banking coordinates for each of the parties and their respective representatives.

  • Escrow Agents shall endorse the Escrow Agreement and shall circulate the completed Escrow Agreement to the Seller and Buyer.

  • Upon execution of the Purchase Agreement and the Escrow Agreement, Buyer shall wire to the Buyer`s Escrow Agent - Brooks Harrison the sum to be applied to the purchase of the first tranche of 1,000 BTC (“Initial Deposit”). Buyer`s Escrow Agent - Brooks Harrison shall inform the Seller`s Escrow Agent -.

  • Escrow Agents shall inform both Buyer and Seller upon receipt of the Initial Deposit.

  • Seller shall initiate placement of the first tranche of the BTC directly into the Buyer’s Wallet. Buyer shall provide its BTC Wallet information upon execution of the Purchase Agreement.

  • Seller shall provide evidence of said deposit of BTC after receipt of confirmation of the Buyer’s funds.

  • Thereafter, the Buyer shall confirm receipt of the evidence of the deposit in its Wallet.

  • Upon receipt of the Initial Deposit, Buyer and Seller direct Escrow Agents to disburse the Initial Deposit to Seller of a discount of 7% Gross. Upon receipt of receiving funds from the Escrow Agents, the Seller pays a commission in BTC or Fiat – 1.5% Seller side and 1.5% Buyer side according to the listed representatives in the IMFPA in “Annex C” in this agreement. Seller shall disburse such commission in BTC or FIAT within 24 hours upon receipt of receiving funds from the Escrow Agent (immediate payment upon transaction).

  • Upon deposit of entire first tranche with Buyer as evidenced by Seller, Escrow Agents shall disburse the remainder of the Initial Deposit less payments for commissions and payments due to Escrow Agent. All payments shall be made via wire transfer or BTC. Escrow Agents shall disburse funds within 24 hours of the transaction being consummated and after both Seller and Buyer verify same in writing.

SELLER MANDATE ONLY

Interested parties should contact :

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  • OTCbid@gmail.com

  • DM Raymond Chai (on Linkedin)

  • Telegram @OTCbiddotcom

  • Telegram: +1 (786) 632 8577

  • T.me/otc_bid

  • OTCbid.com


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