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From 50,000 to 4,925 BTC: Germany’s Bitcoin Sell-off Continues

From 50,000 to 4,925 BTC: Germany’s Bitcoin Sell-off ContinuesGermany now holds fewer than 5,000 bitcoin following its recent divestment on Thursday. Since 9 a.m. EDT that day, wallets operated by the German government transferred 5,000 BTC, reducing its holdings to 4,925 BTC. Germany’s Bitcoin Reserves Drop Below 5,000 As of 1 p.m. EDT on Thursday, July 11, 2024, the German government holds 4,925 […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

German Government Sheds Over 3,100 BTC, Now Holds Less Than 10,000 Bitcoins

German Government Sheds Over 3,100 BTC, Now Holds Less Than 10,000 BitcoinsAt 9:50 a.m. on Wednesday, the German government held 13,110 BTC. By 8:30 a.m. on Thursday, the stash had decreased to 9,925 BTC, with the wallets now holding below 10,000 bitcoins. Germany’s Bitcoin Wallets Overpay Network Fees as Holdings Drop to 9,925 BTC Overnight and into the morning hours (EDT), Germany’s bitcoin (BTC) wallet divested […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

German Government Offloads 9,736 BTC in 20 Hours; Reserves Could Deplete by Tomorrow

German Government Offloads 9,736 BTC in 20 Hours; Reserves Could Deplete by TomorrowOver the course of nearly 20 hours, the German government has sold 9,736 BTC valued at $564.3 million. The government’s BTC wallet currently holds 13,110 BTC worth $767 million. German Government’s Swift Bitcoin Sales Could Soon Lead to Total Reserve Depletion At 1:16 p.m. EDT on July 9, Bitcoin.com News reported on Germany’s bitcoin transfers […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

German Government Sells $220.7M in Bitcoin, Retains $1.3B Reserve

German Government Sells 0.7M in Bitcoin, Retains .3B ReserveAccording to the latest tally, onchain data collected at 12 p.m. EDT on July 9 indicates that the German government has sold 3,840 BTC valued at $220.7 million since 4:30 p.m. EDT on July 8. Bitcoin Holds Strong Amidst Germany’s Selling Pressure The German government’s wallet now holds 22,846 BTC following multiple transfers and deposits […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

German Government Liquidates $741M in Bitcoin Holdings

German Government Liquidates 1M in Bitcoin HoldingsTen hours ago, the German government’s bitcoin wallets transferred 1,205 BTC to various parties. At 7:40 a.m. EDT, the wallets held approximately 38,621 BTC, but by 4:30 p.m., the government’s bitcoin holdings had dropped to 26,686 BTC after divesting an additional 11,935 BTC. Currently, the government’s bitcoin wallet is valued at approximately $1.5 billion in […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

Robinhood Moves Forward With Acquisition of Bitstamp

Robinhood Moves Forward With Acquisition of BitstampRobinhood Markets Inc. is moving forward with its acquisition of Bitstamp Ltd., a global cryptocurrency exchange. As part of this process, Robinhood Crypto LLC has submitted a change of control application to the New York Department of Financial Services (NYDFS), which announced it received the application on July 3, 2024. This is one of several […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

German Police Transfers Additional $95 Million in Bitcoin to Bitstamp, Coinbase, and Kraken

German Police Transfers Additional  Million in Bitcoin to Bitstamp, Coinbase, and KrakenThe German Government has apparently transferred an additional 1,500 bitcoin, valued at nearly $95 million, to multiple cryptocurrency exchanges, including Bitstamp, Coinbase, and Kraken. This move, part of a series of transactions since June 19, has led to speculation about the government’s intention to liquidate some of its bitcoin holdings, originally seized in a large-scale […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

Bitstamp drops Tether’s euro stablecoin amid new MiCA rules

Bitstamp was one of the first crypto exchanges to list Tether’s euro-pegged stablecoin, EURT, in November 2021.

Cryptocurrency exchange Bitstamp is preparing for the full enforcement of Europe’s Markets in Crypto-Assets Regulation (MiCA) by delisting Tether’s euro-pegged stablecoin, EURT.

Bitstamp was one of the first exchanges to list EURT in November 2021 but will now delist EURT before the end of June, according to an official announcement on June 26.

The company said the delisting aligns with its efforts to comply with MiCA, which will come into force on June 30.

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South African Firm Altvest Capital Adds Bitcoin to Treasury

German Law Enforcement Transfers $425M in Bitcoin From Seized Funds

German Law Enforcement Transfers 5M in Bitcoin From Seized FundsOnchain data reveals that an entity likely tied to Germany’s Federal Criminal Police Office (BKA) transferred 6,500 bitcoin, valued at approximately $425 million, on June 19. Arkham Intelligence identified the address on Jan. 31 through its onchain monitoring systems. German Authorities Transfer Seized Bitcoin About four months ago, Arkham Intelligence announced on the social media […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

Bitcoin Dips Below $70K, Reaches $68,450 Low, $86M in BTC Longs Liquidated

Bitcoin Dips Below K, Reaches ,450 Low, M in BTC Longs LiquidatedThe price of bitcoin fell on Friday afternoon after spending several days above the $70,000 mark. The value dropped to $68,450 on Bitstamp, currently down $1,700 from its intraday high. Bitcoin’s Sudden Drop Impacts Entire Crypto Economy Wipes Out $454M in Longs Bitcoin (BTC) plummeted to a low of $68,450 per unit after reaching the […]

South African Firm Altvest Capital Adds Bitcoin to Treasury