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German Government Sells $220.7M in Bitcoin, Retains $1.3B Reserve


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...

GoMining Unwrapped: How Mining BTC with NFTs Works


Since the good old days when anyone could successfully mine Bitcoin on their PCs are long gone, the entire industry has undergone a significant transformation. Growing competition from larger mining entities has gradually made individual mining more challenging, even for those who managed to stay...

German Government Moves 6.3k Bitcoin; Holds $1.3B Worth BTC


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...

Riot Platforms Proposes Comprehensive Plan to Improve Bitfarms


Riot Platforms Inc. (Nasdaq: RIOT) has proposed a comprehensive plan to improve Bitfarms Ltd. (Nasdaq: BITF) and has launched a website to detail this strategy. As part of its efforts to acquire Bitfarms, Riot has called for a special shareholders’ meeting to nominate three new directors:...

German Government Liquidates $741M in Bitcoin Holdings


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....

Metaplanet Announces Bitcoin Purchases Totaling Nearly $2.5 Million


Metaplanet, a Tokyo-listed public company, has disclosed it has completed bitcoin purchases amounting to 400 million yen (almost $2.5 million). The company, which vowed to use bitcoin as a strategic reserve asset to navigate the uncertainties of the Japanese economy and the devaluation of the...

Is Bitcoin price going to crash again?


Bitcoin price is offsetting Mt. Gox fears with favorable macroeconomic factors, yet some analysts forecast a potential drop below $50,000 in the coming weeks

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