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
The government-linked wallet has been steadily selling its holdings, threatening to create continued Bitcoin selling pressure.
Read more3 reasons why Bitcoin (BTC) is up today
Weak tech corporate earnings, spot Bitcoin ETF inflows and the potential arrival of a new major investor drove Bitcoin price above $63,000.
Read moreU.S. government sends 3,940 Bitcoin to Coinbase exchange
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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Bitcoin Selloff: German Gov’t Offloads Another $67 Million As Price Wobbles
In a continued effort to liquidate its substantial Bitcoin holdings, the German government has once again engaged in significant transactions involving BTC, according to data
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Digital Euro Holding Limit: Debate Continues
The president of Germany’s central bank has highlighted the ongoing debate about the holding limit for the digital euro, Europe’s central bank digital currency (CBDC).
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