1. Home
  2. Cumberland DRW

Cumberland DRW

Institutional Liquidity Providers and OTC Desks Absorbed 88% of Germany’s Bitcoin Sales

Institutional Liquidity Providers and OTC Desks Absorbed 88% of Germany’s Bitcoin SalesInstitutional liquidity providers, market makers, and over-the-counter (OTC) trading desks, regardless of the term you choose, have taken in most of Germany’s bitcoin since sales began in June 2024. Data reveals that only a small amount of BTC was moved to centralized crypto exchanges like Coinbase, Kraken, and Bitstamp. Institutional Players Absorb Bulk of Germany’s […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Cumberland Earns Bitlicense, Bolstering Institutional and OTC Crypto Services

Cumberland Earns Bitlicense, Bolstering Institutional and OTC Crypto ServicesAccording to an X post on Monday, the cryptocurrency trading division of DRW Holdings, known as Cumberland, has been granted a Bitlicense by the New York State Department of Financial Services (NYDFS). Cumberland DRW Secures Bitlicense Cumberland, a trading desk that provides institutional over-the-counter (OTC) liquidity for numerous cryptocurrencies, now holds a Bitlicense. This business […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Chicago Mercantile Exchange To Offer New Bitcoin (BTC) and Ethereum (ETH) Options Trading

Chicago Mercantile Exchange (CME) Group is preparing to launch new micro-sized options contracts for the two largest crypto assets by market cap. According to a press release, the new Micro Bitcoin and Micro Ether contracts will be one-tenth the size of a single Bitcoin (BTC) and Ethereum (ETH), respectively. The trading feature will go live […]

The post Chicago Mercantile Exchange To Offer New Bitcoin (BTC) and Ethereum (ETH) Options Trading appeared first on The Daily Hodl.

Zimbabwe Devalues Gold-Backed Currency by 44%