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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...
Capital Management CEO; Bitcoin will Survive Germany Dump
10.7.2024
The industry has held its breath for a couple of weeks due to the FUD that the massive Bitcoin selling by the German government and Mt. Gox will tank the market. That narrative may work for some, but not Anthony Pompliano. Capital Management CEO Anthony Pompliano believes that BTC holders will...
Bitcoin Price Decline on Germany, Mt. Gox and Miner Sell Pressure May Be Overblown: NYDIG
10.7.2024
Recent blockchain movements sparked "irrational" fears, offering a buying opportunity for investors, NYDIG's Greg Cipolaro said
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 Holds Above $57k; Mt. Gox & Germany Pressure Fades
10.7.2024
For the past few weeks, Mt. Gox and the German government’s BTC moves have been the key determinants of Bitcoin’s price. According to data from Arkham Intelligence, the German-linked BTC wallet now holds coins worth $1,308,651,208. Six hours ago, the government wallet moved 3.107 BTC worth...
Spot Bitcoin ETFs buy up $654M in BTC over 3 days
10.7.2024
Investors have piled into Bitcoin ETFs over the last three trading days, but it wasn’t enough to offset Germany’s BTC selling spree
It's Not Germany Selling Bitcoin. It's One of Its States and It Has No Choice.
9.7.2024
Since confiscating nearly 50,000 bitcoin in January, Germany’s state of Saxony has sold over half of its initial holdings, causing distress in the crypto market
Bitcoin Fear and Greed Index hits lowest level since January 2023
9.7.2024
Lower levels on the Fear and Greed Index indicate negative investor sentiment, while higher levels indicate a fear of missing out
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...
Bitcoin Steady Above $57K as Germany Moves 6.3K BTC to Exchanges
9.7.2024
The German government entity has moved hundreds of millions worth of BTC to exchanges in the past few weeks, contributing to selling pressure and bearish sentiment
Bullish Drivers Remain In Play Despite Germany's Bitcoin Sales and Mt. Gox Reimbursements
9.7.2024
Macro factors and persistent "risk-on" in traditional markets suggest a promising outlook after BTC-specific supply overhangs run dry
Bitcoin, Ether Reverse Losses as Germany Gets Back $200M BTC From Exchanges
9.7.2024
Earlier Monday, BTC dropped to as low as $55,000 shortly after an address belonging to the German Federal Criminal Police Office (BKA) sent over $900 million to various addresses
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
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
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
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...
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 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...