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German Authorities Announce Bitcoin Sale Completion, Net €2.6 Billion
18.7.2024
German authorities have announced the completion of an emergency sale of nearly 50,000 bitcoins, raising about 2.6 billion euros. They explained that this sale was mandated to avoid a potential value decline due to the crypto’s price volatility. The funds are now secured for criminal...
German Government Officially Acknowledges Involvement in 50,000 Bitcoin Sell-off
18.7.2024
The German government has officially acknowledged its involvement in selling 49,858 bitcoin linked to the movie2k case. In a press release, German authorities reported that the sales were completed due to what is stipulated in Section 111p of the Code of Criminal Procedure, classifying this move...
SEC approves Grayscale, Proshares spot Ethereum ETFs for trading on NYSE Arca
17.7.2024
The issuers must still await final regulatory signoff on S-1 filings before listing the funds
21Shares Ether ETF to waive fees for up to 6 months as issuers prep for listings
17.7.2024
21Shares joins other Ethereum exchange-traded fund issuers that are slashing fees to woo investors
Bitcoin sale nets German government $2.8B
17.7.2024
The Dresden Public Prosecutor’s Office has confirmed the emergency sale of 49,858 Bitcoin between June 19 and July 12, 2024, in connection with the Movie2k investigation
German Government Bagged $2.88B in the Bitcoin Sell-Off
17.7.2024
German law enforcement agencies have successfully converted their seized Bitcoin into a staggering $2.88 billion (€2.639 billion). This sale marks one of the largest liquidations of confiscated cryptocurrency by any government to date. German Government Offloaded Bitcoin Holdings Strategically...
King Charles lays out Labour govt plan for UK, with crypto unmentioned
17.7.2024
During the State Opening of Parliament in May 2022, the UK government led by Conservatives introduced two bills concerning cryptocurrencies
German gov’t was rushing to sell Bitcoin to maximize liquidity: Arkham CEO
17.7.2024
Using five different crypto exchanges suggests that the wallet sought to maximize liquidity on each order book and sell Bitcoin as soon as possible
German gov’t was rushing to sell Bitcoin to maximize liquidity: Arkham CEO
17.7.2024
Using five different crypto exchanges suggests that the wallet sought to maximize liquidity on each order book and sell Bitcoin as soon as possible
a16z co-founders pledge to support Trump in wake of Vance VP pick: Report
16.7.2024
Numerous Silicon Valley insiders are reportedly donating to the Republican presidential nominee
Palau partners with Soramitsu on blockchain-based bond platform
16.7.2024
The Pacific island nation, with a population of 18,000, is a leader in the implantation of blockchain technology
Bitcoin soars on predictions of Trump victory after assassination attempt
16.7.2024
The failed assassination attempt on the former US president may (perversely) be good for crypto. “Trump’s victory odds just went up significantly.”
Plaintiffs amend complaint in Tether lawsuit for alleged USDT scheme
16.7.2024
The class-action lawsuit alleges Tether and Bitfinix conspired to manipulate crypto market prices
US military partner Constellation opens Hypergraph network to app developers
15.7.2024
The “Layer 0” network was created in collaboration with the United States Department of Defense and is now open for commercial Web3 applications
Mainland China to ‘unban’ Bitcoin? Community says ‘unlikely’
15.7.2024
Mainland China has repeatedly banned certain activities related to Bitcoin, but it has somehow still remained a major player in activities like Bitcoin mining
Bitcoin whales snapped up $4.3B of BTC amid price slump
15.7.2024
Bitcoin whales haven’t accumulated this much Bitcoin over a 30-day period since April 2023, shortly after several local banks in the United States collapsed
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...
German Government Now Holds Less Than 10K BTC, Iran Proposes to Link All BRICS Payment Systems, and More — Week in Review
14.7.2024
Iran’s Foreign Affairs Ministry has proposed linking BRICS countries’ payment systems for seamless national currency transactions. Meanwhile, Germany’s government reduced its Bitcoin holdings by over 3,000 BTC, now holding under 10,000. AI chatbots predict Bitcoin’s...
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