A cryptocurrency wallet labeled “German Government (BKA)” has sold another $900 million worth of Bitcoin, raising concerns that the associated selling pressure will push BTC prices lower.
JinseFinanceGermany, BTC, United States, Why is it not a big deal for the US and German governments to sell BTC? Golden Finance, From a big picture perspective, the amount of selling is actually not that big.
JinseFinanceBundestag member Joana Cotar strongly criticized the German government’s recent decision to sell off its massive BTC holdings.
JinseFinanceCritics believe that such large-scale liquidations by the government could have long-term negative effects on the stability of the Crypto asset market.
JinseFinanceThe governments of Germany and the United States have made strategic moves to transfer large amounts of Bitcoin and Ethereum, attracting market attention.
JinseFinanceGerman authorities seize 50,000 Bitcoin in a landmark operation against digital crime, marking a historic moment in cryptocurrency law enforcement.
MiyukiThis is the largest Crypto asset seizure in Germany to date.
JinseFinanceIn a potentially groundbreaking move, German lawmaker Joana Cotar is leading an initiative to designate Bitcoin (BTC/USD) as legal tender in Germany.
BerniceMark Branson said a hands-off approach that would "just let the industry grow as a playground for grownups" was the wrong tactic.
OthersCoinbase has been asked to clean up its German operations following a Deloitte audit.
Beincrypto