Cryptocurrency Market

  • Market Cap: $2,404,609,410,019.67
  • 24h Vol: $55,478,542,091.54
  • BTC Dominance: 56.53%

German government

german-authorities-announce-bitcoin-sale-completion,-net-e2.6-billion

German Authorities Announce Bitcoin Sale Completion, Net €2.6 Billion

German authorities have announced the completion of an emergency sale of nearly 50,000 bitcoins, raising about 2.6 billion euros. They explained that this sale was mandated to avoid a potential value decline due to the crypto’s price volatility. The funds are now secured for criminal proceedings at the Leipzig Regional Court. 2.64 Billion Euros Raised […]

German Authorities Announce Bitcoin Sale Completion, Net €2.6 Billion Read More »

german-government-officially-acknowledges-involvement-in-50,000-bitcoin-sell-off

German Government Officially Acknowledges Involvement in 50,000 Bitcoin Sell-off

The German government has officially acknowledged its involvement in selling 49,858 bitcoin linked to the movie2k case. In a press release, German authorities reported that the sales were completed due to what is stipulated in Section 111p of the Code of Criminal Procedure, classifying this move as an “emergency sale.” Bankhaus Scheich Wertpapierspezialist AG, the

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german-government-moves-1,205-bitcoin-amid-price-fluctuations

German Government Moves 1,205 Bitcoin Amid Price Fluctuations

According to onchain metrics, the German government has transferred an additional 1,205 bitcoin valued at $68.9 million. The funds were distributed to multiple addresses, including Coinbase and Bitstamp. Germany Divests Another $68 Million in Bitcoin As of 7 a.m. EDT on Monday, the German government’s wallet now holds 1,205 BTC less than it did yesterday,

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german-government-still-holds-over-40k-bitcoins-after-recent-sale,-onchain-data-shows

German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows

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 BTC liquidation, Tron founder Justin Sun has offered to purchase the remaining

German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows Read More »

bitcoin-dips-to-$56,952-as-market-reacts-to-mt-gox-and-german-btc-moves

Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves

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, and Kraken. Bearish Sentiment Grows as Bitcoin Continues to Slide Bitcoin’s

Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves Read More »