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JPMorgan Expects Crypto Market Recovery Beginning in August
12.7.2024
Global investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin liquidations by Mt. Gox creditors and the German government’s seized asset sales...
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...
German Government Dumps Over 2300 Bitcoin; Price Remains Steady
11.7.2024
The German government has once again made headlines with another series of Bitcoin sales. In the past 3 hours, authorities have transferred 2,375 BTC, valued at approximately $137.87 million, to various exchanges and addresses. Breaking Down the Latest Transactions This recent move follows...
German Government Now Holds Only 13.11K Seized Bitcoin
10.7.2024
In a series of transactions, the German government has reduced its Bitcoin holdings, losing its status as a “Bitcoin billionaire” in the process. According to data from Arkham, the government has kept offloading a large amount of Bitcoin. The German Government lost its “Bitcoin...
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...
German Gov’t $354M BTC sell-off: Yet more volatility incoming?
10.7.2024
The German government is ramping up its Bitcoin sell-off, preparing to offload an additional $342 million worth of BTC
German Government Sells $220.7M in Bitcoin, Retains $1.3B Reserve
9.7.2024
According to the latest tally, onchain data collected at 12 p.m. EDT on July 9 indicates that the German government has sold 3,840 BTC valued at $220.7 million since 4:30 p.m. EDT on July 8. Bitcoin Holds Strong Amidst Germany’s Selling Pressure The German government’s wallet...
German Government Moves 6.3k Bitcoin; Holds $1.3B Worth BTC
9.7.2024
In a series of transactions, the German government has once again begun moving large amounts of Bitcoin. These movements, involving over 3,100 BTC, happened in the last 3 hours, according to data from Arkham. From Seizure to Sale: Germany’s Bitcoin Journey The story begins in January 2024...
German gov’t prepares for next $276M BTC sell-off
9.7.2024
The German government moved 3,100 BTC worth $178 million in one hour, with more sell-offs likely imminent
German Government Liquidates $741M in Bitcoin Holdings
8.7.2024
Ten hours ago, the German government’s bitcoin wallets transferred 1,205 BTC to various parties. At 7:40 a.m. EDT, the wallets held approximately 38,621 BTC, but by 4:30 p.m., the government’s bitcoin holdings had dropped to 26,686 BTC after divesting an additional 11,935 BTC....
$50K to $100K — 9 AI Chatbots Predict Bitcoin Prices for Year-End 2024
8.7.2024
At the end of April, Bitcoin.com News queried seven artificial intelligence (AI)-based chatbots about their year-end bitcoin (BTC) price predictions. A significant number of these generative AI chatbots offered optimistic forecasts, suggesting bitcoin could reach $80,000 or even surpass $100,000...
Bitcoin Drops as German Government Moves Another $500M of Assets
8.7.2024
Bitcoin's price briefly declined to $55,000 following the blockchain transactions
German gov’t shifts additional 3K BTC in 1 hour
8.7.2024
The latest transactions by the German government follow outcries from MPs to stop the sell-off and protect the country from the risks of the traditional financial system
German gov’t shifts further 3K BTC in 1 hour
8.7.2024
The latest transactions by the German government follow MP outcries to stop the sell-off and protect the country from the risks of the traditional financial system
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...
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...