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Institutional Liquidity Providers and OTC Desks Absorbed 88% of Germany’s Bitcoin Sales
14.7.2024
Institutional 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...
Germany’s Bitcoin Stash Runs Low – Are BTC Prices Set to Soar?
12.7.2024
The German government has been on a Bitcoin-selling spree for about a month now. The BTC dumping, followed by Mt. Gox client repayment, has been a huge pain for crypto investors. At the beginning, the German government had 50,000 BTC. Now, they have 6,000 BTC left – an amount not worthy...
From 50,000 to 4,925 BTC: Germany’s Bitcoin Sell-off Continues
11.7.2024
Germany now holds fewer than 5,000 bitcoin following its recent divestment on Thursday. Since 9 a.m. EDT that day, wallets operated by the German government transferred 5,000 BTC, reducing its holdings to 4,925 BTC. Germany’s Bitcoin Reserves Drop Below 5,000 As of 1 p.m. EDT on Thursday...
Bullish Drivers Remain In Play Despite Germany's Bitcoin Sales and Mt. Gox Reimbursements
9.7.2024
Macro factors and persistent "risk-on" in traditional markets suggest a promising outlook after BTC-specific supply overhangs run dry
Germany’s Bitcoin Wallet Dips Below 40,000 BTC After Weekend Transfer
7.7.2024
Germany has divested 1,400 bitcoin from its government reserves, reducing the total from 41,226 BTC to 39,826 BTC. Meanwhile, bitcoin has declined 1.7% against the U.S. dollar over the past 24 hours, hovering just above the $57,000 mark. Germany Reduces Bitcoin Holdings to 39,826 Bitcoin This...
Germany’s Bitcoin Group Welcomes Licensing for Crypto Custodians, Expects Competition From Banks
13.3.2020
Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody activities in its home country, Germany. The providers of such services in the Federal Republic are now recognized as financial institutions. Bitcoin Group...