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The post What is OTC trading in crypto? How whales buy big appeared on BitcoinEthereumNews.com. When a company buys hundreds of millions of dollars of Bitcoin and the price barely moves, it did not use an exchange. It used an OTC desk. This guide explains over-the-counter crypto trading: why large orders cannot go through order books, how OTC desks source liquidity and settle trades, the difference between principal and agency desks, why so much real volume is invisible, and how to tell when the whales are quietly accumulating. Here is a puzzle that confuses almost everyone new to crypto markets. A public company announces it bought $500 million of Bitcoin. On any exchange, an order that size would tear through the order book, spike the price, and cost the buyer a fortune in slippage, everyone would see it coming and front-run it. Yet the announcements keep arriving, the purchases keep completing, and the price frequently barely reacts. How? The answer is a corner of the market most re
Read full articleCoinbase's diversified revenue model offers resilience against Bitcoin volatility, while Strategy's debt-heavy approach risks financial instability. The post Coinbase’s Bitcoin approach deemed superior to MicroStrategy’s model appeared first on Crypto Briefing.
The post AscendEX shuts down after MiCA miss and warns some withdrawals may not be processed appeared on BitcoinEthereumNews.com. AscendEX shut down on July 1, leaving some customers unsure whether they will recover their funds. The exchange said in a July 6 notice that it does not hold authorization under the European Union’s Markets in Crypto-Assets framework. It also cited financial and operational pressures, including a failed strategic transaction expected to provide liquidity. Customers can no longer use AscendEX to open accounts, deposit funds, trade, swap, stake or lend. They should retain access only to withdraw assets and complete other exit steps, provided the platform remains available, and no legal or insolvency restrictions intervene. Related Reading Millions of EU crypto users face exchange cutoff as MiCA deadline hits in days Around three in four of the crypto companies registered across Europe are expected to lose their license this summer in the most aggressive thinni
The post Bitcoin reclaims $64k – But Strategy’s $216mln underwater sale threatens momentum appeared on BitcoinEthereumNews.com. Bitcoin climbed above $64,200 in early trading on Friday, the 10th of July, strengthening its recovery even as Strategy sold Bitcoin at a loss. Holding above this level into next week could reinforce the recovery. However, the bigger question is who has been selling into the rally, and at what price. Strategy’s recent disposals weighed on sentiment. Even so, its average acquisition price remains well above that of retail investors on Binance. That gap shifts attention away from Strategy and toward retail holders, who now sit comfortably in profit and may choose to sell into strength. Did Strategy’s Bitcoin sales really matter? Strategy recently announced plans to sell part of its Bitcoin [BTC] holdings through its Digital Credit Capital Framework. The company said the proceeds would fund dividend payments and share repurchases. On the 6th of July, Strategy sol
The post Empery Digital sells 1,400 BTC for $65M to fund AI pivot appeared on BitcoinEthereumNews.com. Empery Digital (NASDAQ: EMPD) sold 1,400 Bitcoins from the stash it built throughout 2025 at an average of $62,200 a coin, raising about $87.1 million to invest in AI data centers and pay down debt. The Nasdaq-listed company started the sale in May and is now left holding 1,514 BTC. Why did Empery Digital sell its Bitcoin? Barely one year ago, Empery Digital rebranded from Volcon Inc. and changed its whole business plan from electric vehicles to focusing on holding Bitcoin. Now, it is walking away from that strategy to chase the booming demand for AI computing power. Why? The simple answer is that its Bitcoin investment lost a lot of value. Cryptopolitan previously reported that Empery bought most of its Bitcoin when prices were around $117,000 per coin. However, when prices fell below $70,000 earlier this year, those holdings dropped more than 40% in value. The company revealed in an
State representative Keith Ammon said the New Hampshire executive council's vote against Bitcoin-backed bonds was “short-sighted,” urging the body to reconsider the measure.
The post Bitcoin Price Prediction: BTC Eyes Key Breakout as Bulls Challenge Critical Resistance Near $65K appeared on BitcoinEthereumNews.com. Bitcoin reclaims short-term strength but must break key resistance near $65K soon. Falling open interest shows leverage reset while traders await Bitcoin’s next move. Exchange flows stabilize as buyers defend support zones and limit downside risks. Bitcoin continued its recovery this week, climbing toward an important resistance zone after rebounding from its recent swing low near $57,700. The world’s largest cryptocurrency traded around $64,300, reflecting stronger buying interest after weeks of pressure. While short-term momentum has improved, traders still face several technical barriers before confirming a broader trend reversal. Resistance Levels Hold the Key Bitcoin currently trades above its 20-day exponential moving average, signaling improving short-term strength. However, it remains below the 50-day, 100-day, and 200-day moving average
The post Another Publicly Traded Company Just Cut Bitcoin Holdings by 48% appeared on BitcoinEthereumNews.com. Empery Digital has sold 1,400 Bitcoin (BTC) since early May, cutting its Bitcoin holdings by roughly 48%. The sale raised about $87.1 million as the Nasdaq-listed firm pivots toward AI infrastructure. The company sold at an average price of $62,200 per token, according to a securities filing. It joins a growing list of treasury firms trimming Bitcoin to fund other priorities. Empery Digital Cuts Bitcoin Holdings to Repay Debt Empery Digital disclosed the sales in a July 10 filing with the Securities and Exchange Commission. The company began selling after May 7. It repaid $10 million of debt on July 7. Empery set aside the rest for a planned property deal and legal costs tied to shareholder litigation. As of July 10, the firm held 1,514 BTC and roughly $73.9 million in cash. It still owes $45 million on its debt facility. Empery Digital BTC Holdings. Source: Bitcoin Treasuries
The post What the Highest 30-Year Treasury Yield Since 2007 Means for Bitcoin and Gold appeared on BitcoinEthereumNews.com. The US Treasury sold $22 billion of 30-year bonds at a high yield of 5.058% on July 9, the strongest 30-year Treasury yield at auction since 2007. Bitcoin (BTC) held firm while gold extended its weekly decline. Demand for the sale stayed solid despite the record borrowing cost. However, the result shows investors now require 2007-era compensation to lend to the US government for three decades. US30Y hourly chart with BTC and gold overlay / Source: Tradingview Why the 30-Year Treasury Yield Hit a 19-Year High The auction drew a bid-to-cover ratio of 2.44x, in line with recent sales. Indirect bidders, mostly foreign investors, took nearly 78% of the supply, according to auction data. Market commentators noted the yield was the highest since the run-up to the Global Financial Crisis, Barchart reported. 30-Year Treasury Bond Auction drew an interest rate of 5.058%, th
