Bitcoin OTC Deals on the Rise; Suggesting Large Buyers are Entering the Market
Bitcoin has been flashing signs of immense strength throughout the past few days and weeks, with buyers taking full control of its price action Where it trends in the near-term will likely depend largely on whether or not the crypto can gain a stable footing within the lower-$17,000 region If the selling pressure here proves to be too much for the crypto to handle, it could enter a consolidation phase and trade below this level […]
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Coinbase is partnering with popular daily deals site DailySteals to offer Bitcoin-only deals as part of DailySteals' ongoing Experiment Series. DailySteals is one of many websites that specialize in delivering discounted products directly to buyers. Sites like DailySteals leverage the technology of the internet to lower costs typically associated with running a business. Accepting Bitcoin is a natural next-step; however, the offering of Bitcoin-only deals at this volume is a never-before-seen phenomenon. Interesting note: There used to be Bitcoin-only deals website called bitwoot that has,....
Traders’ expectations during the last week were not entirely certain, but quite predictable. The initiative was taken from sellers by buyers and vice-versa. Finally settling on a long-term level of $400-390, highlighted long before the downward trend, the buyers have seized the advantage. This is caused by buyers closing their deals. The Bitcoin price was more or less certain in its upward trend. Fortifying on the medium-term resistance of $409, which was mentioned several times before, the buyers have held this mark, which yet again provoked sellers into closing their positions. At the....
Beepi, a peer-to-peer marketplace to seamlessly buy and sell cars online, announced its first totally online Black Friday car sale. Starting at midnight on November 28th, Beepi will give consumers a series of exclusive deals to buy and sell cars online. Throughout the holiday weekend, buyers will receive a $1,000 discount off of all cars - or 10% off all bitcoin purchases. Sellers will also benefit by receiving a $500 bonus for deciding to sell their vehicles on Beepi this holiday weekend. In addition, buyers and sellers alike will receive $50 gas cards, among other perks. For more....
Data shows the Bitcoin fund flow ratio has been going down in the last couple of years, suggesting that whales have started to prefer selling through OTC deals over centralized exchanges. Bitcoin Fund Flow Ratio Reaches Lowest Level Since 2015 As explained by an analyst in a CryptoQuant post, BTC whales seem to have increasingly […]
There are several bitcoin deals available online, so much so that it can be difficult to keep track of new and existing ones. That is, until two high schoolers Raymond Mancini and Giovanni Armonies-Assalone decided to compile all these together in a site that provides a large selection of bitcoin deals available from online stores. "We agreed that this was a good idea because not only would it be a domain that would connect consumers to bitcoin-friendly, online retailers, but it would also connect consumers to discounts, a big advantage when using bitcoin," said Mancini. Bitcoin Deals....