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German Government Sells the Dip, Dumps 1,338 Bitcoin
8.7.2024
The German government has offloaded 1000 more Bitcoin, ushering in crypto Monday blues. According to Arkham Intelligence on-chain data, the German government has moved 1,200 BTC within the last 3 hours. The crypto market had a red weekend, and today’s BTC offloading does not help stabilize...
Bitcoin weakness spurs $441M digital asset inflows
8.7.2024
Digital asset investments see significant inflows of $441 million, driven by Bitcoin price weakness, Mt. Gox activity, and German government sell-off, according to a CoinShares report
Bitcoin weakness spurs $441M digital asset inflows
8.7.2024
Digital asset investments see significant inflows of $441 million, driven by Bitcoin price weakness, Mt. Gox activity and a German government sell-off, according to a CoinShares report
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...
5 bullish arguments that Bitcoin price just bottomed at $53K
7.7.2024
Bullish divergence on the price chart, September rate cut prospects, and increasing M2 supply are some catalysts that could resume the Bitcoin bull market cycle
5 bullish arguments that Bitcoin price just bottomed at $53K
7.7.2024
Bullish divergence on the price chart, September rate cut prospects and increasing M2 supply are some catalysts that could resume the Bitcoin bull market cycle
UK crypto advocates call for consistent policy after Labour landslide
5.7.2024
At least one industry leader suggested that crypto policy in the United Kingdom would be “business as usual” despite the change in government
German MP Criticizes Bitcoin Sales, Urges Government to Hold BTC as Reserve Asset
5.7.2024
A German parliament member, Joana Cotar, has criticized the government’s decision to sell seized bitcoin on a large scale, advocating for the cryptocurrency’s use as a strategic reserve. She invited key political figures, including Chancellor Olaf Scholz, to a lecture...
Germany’s BTC Wallet Sees Inflows, Mt Gox Moves Billions, US Gov Transfers $13.6M Unnoticed
5.7.2024
Approximately 14 hours ago, the German government sold roughly $175 million worth of bitcoin, reducing its holdings to about 40,359 BTC. However, recent activity has increased the total back to 41,226 BTC. German Bitcoin Divestment Followed by Inflows From Major Exchanges This movement, along with...
German MP urges government to stop ‘hasty’ Bitcoin sell-off
5.7.2024
German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” and “productive” as it could be used to diversify treasury assets and protect against currency devaluation
German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows
5.7.2024
The German government has been selling seized bitcoin but still holds more than 40K BTC, worth over $2.3 billion, according to onchain data from blockchain intelligence firm Arkham. These sales are occurring alongside the anticipated Mt. Gox bitcoin distributions. In response to Germany’s...
UK exit poll suggests Labour Party victory, next PM Keir Starmer
4.7.2024
According to a BBC exit poll after a July 4 general election, Labour was set to oust the Conservatives for the first time in 14 years
Microsoft, Google, Nvidia and more filed SEC warnings that AI could ruin business
4.7.2024
The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products
South Korean government to launch crypto transaction monitoring system
4.7.2024
Crypto exchanges subject to a new South Korean law have implemented a system allowing authorities to receive reports on suspicious transactions
Are politicians using crypto to influence the US elections?
4.7.2024
In a fraught election year, crypto-user demographics are aligning with those of highly sought “swing voters,” says a TCU researcher
Bitcoin Hits New Low Since February, Options Market Stays Optimistic
4.7.2024
According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip demand.” Conversely, QCP Capital notes that...
Justin Sun Wants to Buy All Bitcoins Held by German Government
4.7.2024
Tron founder Justin Sun has publicly offered to negotiate with the German government to purchase their entire Bitcoin holdings off-market. This proposal comes in response to Germany’s recent large-scale Bitcoin sell-off. I am willing to negotiate with the German government to purchase all...
Tron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price Drop
4.7.2024
Amid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the remaining BTC from the German government. “I am willing to negotiate with the German government to purchase...
Justin Sun offers to buy German gov’ts $2.3B Bitcoin stack to minimize market impact
4.7.2024
The government-linked wallet has been steadily selling its holdings, threatening to create continued Bitcoin selling pressure
German Government Dumps 1300 Bitcoin, Holds 40,359 BTC
4.7.2024
The German government has transferred another stash of Bitcoin to major cryptocurrency exchanges. This action, occurring amidst a broader market downturn, has raised questions about its potential impact on Bitcoin’s price. Breaking Down the Bitcoin Transaction According to blockchain...