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German Government Moves 1,205 Bitcoin Amid Price Fluctuations
8.7.2024
According to onchain metrics, the German government has transferred an additional 1,205 bitcoin valued at $68.9 million. The funds were distributed to multiple addresses, including Coinbase and Bitstamp. Germany Divests Another $68 Million in Bitcoin As of 7 a.m. EDT on Monday, the German...
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...
Rising Power Fees Begin to Drive Bitcoin Mining Companies From Paraguay to Argentina
8.7.2024
The recent increase in power fees enacted by the National Power Administration of Paraguay (ANDE) has bitcoin mining companies seeking alternatives in neighboring countries, such as Argentina and Brazil. A joint venture between Argentine and Brazilian companies recently announced an 8 MW initiative...
Solana eyes shine as Bitcoin stumbles around $55k
8.7.2024
According to analysts who are closely monitoring Bitcoin’s price recovery, the primary resistance level is currently between $60,000 and $63,000. Historical trends suggest that BTC will often correct heavily before healthy uptrends continue. The precedents set by these past movements show...
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
Japanese public firm Metaplanet buys another $2.5M of Bitcoin
8.7.2024
After completing the latest purchase, Metaplanet holds a total of 203,734 BTC bought at the average price of around $62,000 per BTC
Japanese public firm Metaplanet buys another $2.5M of Bitcoin
8.7.2024
After completing the latest purchase, Metaplanet holds 203,734 BTC bought at an average price of around $62,000 per coin
Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies
8.7.2024
U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said
BTC price risks 'double top' — 5 things to know in Bitcoin this week
8.7.2024
BTC price disappoints with the weekly close, leading to accusations of a "dead cat bounce" from Bitcoin traders wary of new lows
BTC price risks ‘double top’ — 5 things to know in Bitcoin this week
8.7.2024
BTC price disappoints with the weekly close, leading to accusations of a “dead cat bounce” from Bitcoin traders wary of new lows
Taiwanese Central Bank to Test CBDC, Not Race to It
8.7.2024
Taiwanese Central Bank Governor Yang Chin-long stated that the development of digital currency (CBDC) is not an international competition, and being the first to launch does not guarantee success. He disclosed that the Central Bank of the Republic of China (Taiwan) will conduct three scenario tests...
Germany Sill Holds $2.2B Worth of Bitcoin, Blockchain Data Show
8.7.2024
Germany has been running down its coin stash since mid-June
Iran and Russia Sign Academic Cooperation Agreement to Dedollarize Economies
8.7.2024
Iran and Russia have taken a significant step towards economic cooperation by involving their academic institutions in efforts to dedollarize their economies. The presidents of Iran’s Imam Hossein University and Russia’s Plekhanov University of Economics signed a memorandum...
Weekend Wrap: Germany moves $80M more BTC, Vitalik donates 100 ETH and more
8.7.2024
The German government has moved $80 million worth of BTC to an unknown wallet; Vitalik Buterin donates 100 ETH to make Ethereum “great again,” and more
Global South View: US Politicians Aren’t Saviors of Crypto; Innovation Should Precede Regulation
8.7.2024
Donald Trump and other U.S. politicians’ embrace of crypto has sparked hope and encouraged stakeholders who see lobbying as a way to influence policymakers. However, lingering doubts about the sincerity of politicians should serve as a warning, reminding innovators that they thrive when...
CoinDesk 20 Down 7%, Bitcoin Sinks by 5% as Asia Trading Week Begins
8.7.2024
CoinDesk 20 Down 7%, Bitcoin Sinks by 5%, as Market Tumbles as Asia Trading Week Begins
Latam Insights Encore: Paraguay Anti-Bitcoin Mining Stance Is a Net Negative for the Nation’s Development
8.7.2024
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the possible outcomes of the war that Paraguay is waging on illegal (and now legal) bitcoin mining operators, and how this might make...
Unveiling Moving Averages: Essential Tools for Bitcoin Trading
8.7.2024
Just like oscillators, moving averages (MAs) are indispensable tools in technical analysis, providing traders with insights into price trends and potential market reversals. In this learning and insights article, we’ll delve into the history, types, and application of moving averages...
Bitcoin miner TeraWulf is open to merger but not for ‘empire building’
8.7.2024
Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed