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Tag: Germany

German MP Criticizes Bitcoin Sales, Urges Government to Hold BTC as Reserve Asset

July 5, 2024 wp-bot Bitcoin News

A German parliament member, Joana Cotar, has criticized the government’s decision to sell seized bitcoin on a large scale, advocating for the cryptocurrency’s use as

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Germany’s BTC Wallet Sees Inflows, Mt Gox Moves Billions, US Gov Transfers $13.6M Unnoticed

July 5, 2024 wp-bot Bitcoin News, Blockchain

Approximately 14 hours ago, the German government sold roughly $175 million worth of bitcoin, reducing its holdings to about 40,359 BTC. However, recent activity has

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

July 4, 2024 wp-bot Bitcoin News

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

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Justin Sun offers to buy German gov’ts $2.3B Bitcoin stack to minimize market impact

July 4, 2024 wp-bot Cointelegraph

The government-linked wallet has been steadily selling its holdings, threatening to create continued Bitcoin selling pressure.

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3 reasons why Bitcoin (BTC) is up today

July 1, 2024 wp-bot Cointelegraph

Weak tech corporate earnings, spot Bitcoin ETF inflows and the potential arrival of a new major investor drove Bitcoin price above $63,000.

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U.S. government sends 3,940 Bitcoin to Coinbase exchange

June 26, 2024 wp-bot Cointelegraph

Data from Arkham Intelligence indicates the Bitcoin was seized from Banmeet Singh, a convicted drug dealer, during his January 2024 trial.

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