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Hong Kong Bitcoin ETFs’ Buying Spree; 425 BTC Purchased This Week


While the German government is offloading Bitcoin, the Hong Kong Bitcoin ETF market is on a buying spree. According to a recent tweet by the House of Chimera, Hong Kong Bitcoin ETFs purchased Bitcoin for four consecutive days, accumulating 425 BTC over the course of the week. JUST IN: ????Hong Kong...

Germany’s Bitcoin Stash Runs Low – Are BTC Prices Set to Soar?


The German government has been on a Bitcoin-selling spree for about a month now. The BTC dumping, followed by Mt. Gox client repayment, has been a huge pain for crypto investors. At the beginning, the German government had 50,000 BTC. Now, they have 6,000 BTC left – an amount not worthy...

Exchange Bitcoin Reserves Fall Sharply This Week, Reaching $4B Outflow 


According to data from the past 40 days, the San Francisco crypto exchange and custody service Coinbase has experienced withdrawals totaling 12,585 BTC since June 1. Meanwhile, Binance has reported inflows of approximately 30,082 BTC during the same period. Despite these shifts, centralized...

First Mover Americas: BTC Retreats From $60K


The latest price moves in bitcoin (BTC) and crypto markets in context for July 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

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