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German Government’s Bitcoin Holdings Swell Overnight Thanks to Donations


According to crypto intelligence firm Arkham, the German government’s bitcoin holdings soared by 9,000% in one day, thanks to donations from Bitcoin enthusiasts. Germany had liquidated a $2 billion bitcoin cache through major exchanges, finishing on Friday and leaving its BTC wallet empty...

Why is Bitcoin price up today?


Bitcoin’s resurgence is driven by two key factors: the German government running out of BTC to sell and a weakening US dollar

Why is Bitcoin price up today?


Bitcoin’s resurgence is driven by two key factors: the German government running out of BTC to sell and a weakening US dollar

German Government Is Now out of Bitcoin, Arkham Data Shows


The German government has sold its entire bitcoin holdings, according to data from crypto intelligence firm Arkham. “The German government is now out of bitcoin,” the firm wrote. This divestment began in June, with funds transferred to exchanges and institutional services. German...

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...

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