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What’s next for Bitcoin price now that German gov't BTC balance hits zero?
14.7.2024
The German government got rid of all of its Bitcoin, but it could still be a bit early to expect a trend reversal in BTC price
German Government’s Bitcoin Holdings Swell Overnight Thanks to Donations
13.7.2024
According to crypto intelligence firm Arkham, the German government’s bitcoin holdings soared by 9,000% in one day, thanks to donations from Bitcoin enthusiasts. Germany had liquidated a $2 billion bitcoin cache through major exchanges, finishing on Friday and leaving its BTC wallet empty...
German government offloads its final Bitcoin holdings
12.7.2024
The German government officially has zero BTC left after weeks of dumping its reserves onto the market, suppressing the price
German Government Is Now out of Bitcoin, Arkham Data Shows
12.7.2024
The German government has sold its entire bitcoin holdings, according to data from crypto intelligence firm Arkham. “The German government is now out of bitcoin,” the firm wrote. This divestment began in June, with funds transferred to exchanges and institutional services. German...
Bitcoin bottom signal? German gov’t runs out of BTC to sell
12.7.2024
Bitcoin price could be on track to begin the reaccumulation phase as the German government is down to its last few thousand BTC
Bitcoin bottom signal? German gov’t runs out of BTC to sell
12.7.2024
Bitcoin’s price could be on track to begin the reaccumulation phase as the German government is down to its last few thousand BTC
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...
Germany's Bitcoin wallet drops to 5,800 BTC after major sale
12.7.2024
With 5,800 Bitcoin remaining, the German government has successfully sold 88.4% of the original 50,000
Germany has 9K Bitcoin left just 3 weeks after it started selling
12.7.2024
Germany’s Bitcoin stack briefly dipped below 5,000 BTC after sending a mass of funds to Coinbase, Bitstamp, and Kraken but has since moved some back
Germany has 9K Bitcoin left just 3 weeks after it started selling
12.7.2024
Germany’s Bitcoin stack briefly dipped below 5,000 BTC after a large amount of funds was sent to Coinbase, Bitstamp and Kraken, but it has since moved some back
Bitcoin index falls to ‘extreme fear’ as BTC fails twice to breach $60K
12.7.2024
Bitcoin’s fear and greed index has tumbled to “extreme fear” for the first time since January 2023, as BTC struggles to reclaim a crucial price level
Germany Almost Done Selling Bitcoin, Holding Less Than 5K Tokens After Latest Moves
11.7.2024
There's less than 5,000 bitcoin left in wallets linked to German authorities after Thursday's transfers, down from the 50,000 BTC that was confiscated, blockchain data shows
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...
German Government Sheds Over 3,100 BTC, Now Holds Less Than 10,000 Bitcoins
11.7.2024
At 9:50 a.m. on Wednesday, the German government held 13,110 BTC. By 8:30 a.m. on Thursday, the stash had decreased to 9,925 BTC, with the wallets now holding below 10,000 bitcoins. Germany’s Bitcoin Wallets Overpay Network Fees as Holdings Drop to 9,925 BTC Overnight and into the morning...
Capital Management CEO; Bitcoin will Survive Germany Dump
10.7.2024
The industry has held its breath for a couple of weeks due to the FUD that the massive Bitcoin selling by the German government and Mt. Gox will tank the market. That narrative may work for some, but not Anthony Pompliano. Capital Management CEO Anthony Pompliano believes that BTC holders will...
Bitcoin Price Decline on Germany, Mt. Gox and Miner Sell Pressure May Be Overblown: NYDIG
10.7.2024
Recent blockchain movements sparked "irrational" fears, offering a buying opportunity for investors, NYDIG's Greg Cipolaro said
German Government Offloads 9,736 BTC in 20 Hours; Reserves Could Deplete by Tomorrow
10.7.2024
Over the course of nearly 20 hours, the German government has sold 9,736 BTC valued at $564.3 million. The government’s BTC wallet currently holds 13,110 BTC worth $767 million. German Government’s Swift Bitcoin Sales Could Soon Lead to Total Reserve Depletion At 1:16 p.m. EDT on July...
Bitcoin Holds Above $57k; Mt. Gox & Germany Pressure Fades
10.7.2024
For the past few weeks, Mt. Gox and the German government’s BTC moves have been the key determinants of Bitcoin’s price. According to data from Arkham Intelligence, the German-linked BTC wallet now holds coins worth $1,308,651,208. Six hours ago, the government wallet moved 3.107 BTC worth...
Spot Bitcoin ETFs buy up $654M in BTC over 3 days
10.7.2024
Investors have piled into Bitcoin ETFs over the last three trading days, but it wasn’t enough to offset Germany’s BTC selling spree
It's Not Germany Selling Bitcoin. It's One of Its States and It Has No Choice.
9.7.2024
Since confiscating nearly 50,000 bitcoin in January, Germany’s state of Saxony has sold over half of its initial holdings, causing distress in the crypto market