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Bitcoin risks 30% loss against XRP if 'triple bottom' confirms
12.7.2024
XRP has significantly lagged behind Bitcoin in 2024, but a recent Mt. Gox and German government-led sell-off in the BTC market may spark renewed interest in the altcoin
Coinbase Report: Crypto Market Shook by German BTC Sales; Recovery Expected by September Despite US Economic Slowdown
12.7.2024
The third quarter of 2024 has been tumultuous for the crypto market, with significant selling pressures and regulatory uncertainties affecting bitcoin and other digital assets. Coinbase Institutional reports that indiscriminate selling by the German government and the Mt Gox Rehabilitation Trust...
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
German gov’t Bitcoin wallet drops to 5,800 BTC after major sale
12.7.2024
With 5,800 Bitcoin remaining, the German government has sold 88.4% of its original 50,000 BTC
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
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...
Bitcoin Steady at $58.5K as German State Saxony Moves $300M in BTC
10.7.2024
BTC held largely steady amid the continued divestment of coins, having failed to keep gains above $59,000 during the Asian hours
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....
German gov’t transfers another $900M in Bitcoin, adding to BTC’s selling pressure
8.7.2024
Repeated Bitcoin transfers to centralized exchanges suggest the German government plans to sell the remaining $1.3 billion in BTC holdings
Bitcoin bulls refuse to flip bearish despite the $53,300 retest
8.7.2024
BTC derivatives continue to show moderate bullishness, creating a positive outlook for reclaiming $60,000 soon