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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...
Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves
4.7.2024
On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin to unidentified wallets, Coinbase, Bitstamp,...
Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements
4.7.2024
A wallet belonging to a German official entity moved its largest stash of BTC to exchanges earlier today, while Mt. Gox wallets showed activity for the first time in a month
German gov’t transfers $172M in Bitcoin to multiple locations
4.7.2024
The German government’s latest Bitcoin transfers could impact the market significantly, as it moves 3,000 BTC to various crypto exchanges and an unknown wallet
Nigeria plans nationwide AI and blockchain research centers
4.7.2024
The research centers count as another step toward taking a leadership position in artificial intelligence (AI) development in Africa
DOJ Selects Coinbase to Provide Crypto Services to US Marshals Service
2.7.2024
The Department of Justice (DOJ)’s U.S. Marshals Service has selected crypto exchange Coinbase to provide crypto custody and trading services. The U.S. government’s contract, valued at over $32 million, aims to streamline the management and disposal of seized cryptocurrencies, ensuring...
Market Jitters: Germany Offloads 3,820 BTC in a Week, Impacting Crypto Sentiment
2.7.2024
Over the past seven days, data reveals that the German government has transferred 3,820 BTC to cryptocurrency exchanges, with around 2,165.49 BTC moved in the last eight hours. German Government’s Bitcoin Transfers Cause Stir A week ago, Bitcoin.com News reported that the German...
German gov’t transfers another $52M Bitcoin, threatening more BTC selling pressure
2.7.2024
The repeated Bitcoin transfers to centralized exchanges suggest that the government is planning to sell its $2.75 billion worth of BTC holdings
Experts say latest SCOTUS opinions will limit SEC power over crypto
1.7.2024
The conservative members of the U.S. Supreme Court sided with two majority opinions that could have lasting implications for federal agencies to enforce laws
Coinbase will custody digital assets for US Marshals Service
1.7.2024
The crypto exchange said the federal agency had selected its institutional investing arm “to provide custody and advanced trading services” for large-cap digital assets
Germany, US governments move $150M in crypto
1.7.2024
The German and US governments make strategic moves with significant Bitcoin and Ethereum transfers, drawing market attention