German Government Transfers 3K BTC in 1 hour
The German government transferred over 3,000 Bitcoins in an hour, bringing the total combined inflow and outflow to over 6,000 BTC. The transactions persist in the Bitcoin sell-off trend initiated by the German government last week, despite the imploring of parliamentary members, including the German lawmaker and BTC activist Joana Cotar, to “refrain” from doing […]
Digital Asset Remittances In Venezuela Hit $460 Million Yearly
Digital Asset Remittances in Venezuelans have significantly increased, with crypto numbers booming last year. Over $460 million in Bitcoin remittances have been sent by Venezuelans in the last 12 months, a record high. Remittances have generally increased in the nation as a result of the severe economic conditions that drove a large number of migrants. […]
German Government Transfers $174M in Bitcoin
The German government transferred 3,000 Bitcoins worth $174 million, with 1,300 Bitcoins sent to exchanges Bitstamp, Coinbase, and Kraken, confirmed by Lookonchain. Today, the German government executed a substantial transaction in the cryptocurrency market by transferring 3,000 Bitcoins, estimated to be worth $174 million. Of this total, 1,300 Bitcoins, estimated to be worth $75.5 million, […]
Justin Sun Proposes Buying Germany’s $2.3B Bitcoin Stash
Justin Sun, the founder of Tron, has proposed purchasing the German government’s Bitcoin holdings, which exceed $2.3 billion. The well-known crypto originator expressed his willingness to acquire Bitcoin off-market to mitigate the adverse price effects of selling. In a July 4 X post to his 3.5 million followers, Sun disclosed the offer: “I am willing […]
3-Signs of Prolonged Bearish Crypto Sentiment
Users are presently looking for indications of a bearish crypto sentiment or bullish drive, as crypto assets are experiencing a downtrend. Some users predict a long-term bearish sentiment, as digital assets are experiencing severe corrections following an unsuccessful rebound. Crypto asset prices have risen this year due to substantial institutional inflows into the market. Although […]