cumberland – DIGIT INFO

Bitcoin price fell 24%+ the last time this metric turned negative — Will it happen again?

DIGIT — Thu, 10 Oct 2024 21:10:32 +0000

Bitcoin derivatives metrics shifted as BTC price fell under $59,000 today. Are lower prices incoming?

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Cumberland buys the dip? Trading firm deposits $95M to exchanges

DIGIT — Wed, 07 Aug 2024 10:51:21 +0000

Lookonchain said that Cumberland has already injected nearly $6.28 billion into the crypto markets since October 2023.

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German Government Liquidates $741M in Bitcoin Holdings

DIGIT — Mon, 08 Jul 2024 21:49:42 +0000

Ten hours ago, the German government’s bitcoin wallets transferred 1,205 BTC to various parties. At 7:40 a.m. EDT, the wallets held approximately 38,621 BTC, but by 4:30 p.m., the government’s bitcoin holdings had dropped to 26,686 BTC after divesting an additional 11,935 BTC. Currently, the government’s bitcoin wallet is valued at approximately $1.5 billion in […]

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Crypto trading firm Cumberland secures New York BitLicense

DIGIT — Mon, 17 Jun 2024 19:39:46 +0000

The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services.

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4 ‘emerging narratives’ in crypto to watch for: Trading firm

DIGIT — Mon, 26 Dec 2022 06:13:19 +0000

The crypto trading firm sees NFTs becoming more intertwined with brand IP, while Web3 apps with “real world utility” gain traction.

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Cumberland Says Financially Burdened Crypto Firms Are ‘Hanging Over the Market Like a Cloud’

DIGIT — Wed, 06 Jul 2022 20:30:35 +0000

Following the over-the-counter (OTC) firm’s Twitter thread on June 14, Cumberland explained on July 5 that “rangebound price action belies a volatile picture below the surface,” while crypto markets consolidated during the past week. Cumberland stressed there’s a growing number of crypto companies feeling financial burdens, and “uncertainty” tied to stressed entities is “hanging over […]

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Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’

DIGIT — Sun, 19 Jun 2022 18:35:06 +0000

During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous year-to-date high on May 13. Cumberland Says ‘On Big Swings, More Volume […]

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OTC Desks Proliferate as Volume Shifts From Spot Markets

DIGIT — Wed, 23 Jan 2019 16:32:38 +0000

While trading volume on the top cryptocurrency exchanges declined dramatically during the second half of 2018, all signs suggest that over-the-counter (OTC) markets are now attracting increasing liquidity, with a number of prominent cryptocurrency exchanges entering the OTC space. Additionally, several major existing OTC desks have recently spoken of experiencing significant growth in trade volume. […]

The post OTC Desks Proliferate as Volume Shifts From Spot Markets appeared first on Bitcoin News.

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