German gov’t shifts additional 3K BTC in 1 hour
The latest transactions by the German government follow outcries from MPs to stop the sell-off and protect the country from the risks of the traditional financial system.
Posts published on July 8, 2024 go to media archive 4/4
Bitcoin Climbs Over $57K, With Some Saying Mt. Gox Sales Already ‘Priced In’
Markets have priced in Mt. Gox’s ongoing repayments and U.S. policies could now start influencing the market, one trading desk said.
German Government Moves 1,205 Bitcoin Amid Price Fluctuations
According to onchain metrics, the German government has transferred an additional 1,205 bitcoin valued at $68.9 million. The funds were distributed to multiple addresses, including Coinbase and Bitstamp. Germany Divests Another $68 Million in…
Dogecoin Price Decline Looms As Bears Cut Short Recovery: Key Levels To Watch
Dogecoin’s recent recovery has been abruptly halted by renewed bearish pressure, paving the way for a potential further decline. After attempting a rebound, the bears have regained control of the market, pushing DOGE back toward its previous low…
Bybit lists Hamster Kombat’s token for pre-market trading
The access to Hamster Kombat tokens on Bybit’s OTC pre-market platform allows users to secure HMSTR tokens ahead of the market and to lock in their purchases early.
Rising Power Fees Begin to Drive Bitcoin Mining Companies From Paraguay to Argentina
The recent increase in power fees enacted by the National Power Administration of Paraguay (ANDE) has bitcoin mining companies seeking alternatives in neighboring countries, such as Argentina and Brazil. A joint venture between Argentine and…
Digital Asset Funds Flip Positive for First Time in 4 Weeks: CoinShares
CoinShares attributes the inflows to recent price weakness prompted by defunct crypto exchange Mt. Gox initiating preparing to initiate repayments to creditors.
Bitcoin weakness spurs $441M digital asset inflows
Digital asset investments see significant inflows of $441 million, driven by Bitcoin price weakness, Mt. Gox activity and a German government sell-off, according to a CoinShares report.
Ether Retakes $3K Amid Signs of Seller Exhaustion Before ETF Debut
Discounts in the Grayscale Ethereum Trust and the Coinbase indicator have evaporated in a positive sign for the ether bulls.
Pancake Bunny hacker siphons $2.9M of Ether through Tornado Cash
Three years after the Pancake Bunny flash loan attack, the hacker moved $3 million in ETH through Tornado Cash.
'Asia's MicroStrategy' Metaplanet Buys Another ¥400 Million Worth of Bitcoin
Metaplanet, a Japanese public company that started as a hotel operator, announced it purchased another ¥400 million ($2.5 million) in Bitcoin. This continues the firm's strategy of adopting Bitcoin as a treasury reserve asset.JUST IN: 
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Will The DOT Rise? Polkadot Price Anticipation Heats Up With ETF Talk
The winds of change might be blowing for Polkadot (DOT), a popular blockchain network for connecting different blockchains. After a rough couple of months marked by a nearly 50% price decline from its April peak, DOT is exhibiting signs of a…
Tether CEO advocates for localized AI models to prevent hacks
The CEO of Tether Paolo Ardoino responded to OpenAI’s recent hack by claiming localized AI models are the key to ensuring independence and privacy and preventing future hacks.
Japanese public firm Metaplanet buys another $2.5M of Bitcoin
After completing the latest purchase, Metaplanet holds a total of 203,734 BTC bought at the average price of around $62,000 per BTC.
Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies
U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said.
BTC price risks ‘double top’ — 5 things to know in Bitcoin this week
BTC price disappoints with the weekly close, leading to accusations of a “dead cat bounce” from Bitcoin traders wary of new lows.
France Votes for Hung Parliament as Major Parties Fall Short of Majority
The absence of an outright majority could hamper the passing of new legislation, including crypto regulations.
Is Bitcoin Undervalued Now? Industry Expert Decodes The Market State
On Saturday, Bitcoin experienced a robust rally, climbing above $58,250. Despite this upward movement, it was unable to sustain the momentum and close above the 200-day Exponential Moving Average (EMA). This led to the formation of a bearish…
Ethereum ICO-Era Stalwart Golem Sent $100M Ether to Exchanges in the Past Month
The protocol was one of the first ICOs on Ethereum, raising $8.6 million worth of ether in 29 minutes and setting the precedent for thousands of other ICOs in the years since.
Canada to sanction LiquiTrade for Securities Act violation
The BCSC finds LiquiTrade guilty of running an illegal exchange, which could result in sanctions ranging from fines to a ban.
Taiwanese Central Bank to Test CBDC, Not Race to It
Taiwanese Central Bank Governor Yang Chin-long stated that the development of digital currency (CBDC) is not an international competition, and being the first to launch does not guarantee success. He disclosed that the Central Bank of the Republic…
Coinbase-posing scammers steal $1.7M from a user amid a string of attacks
A victim who claims to have lost $1.7 million said a scammer called them claiming to be from Coinbase and sent emails that looked like they came from the crypto exchange.