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Why Did The German Government Sell Off 50,000 Bitcoin In 2 Weeks

[Jul 18 7:30 AM] The German government has sold all of its Bitcoin (BTC) in just two weeks. The reason for the substantial Bitcoin dump was unveiled in a recent statement by the Saxony Central Office for the Protection and Realization of Virtual Currencies. Why…

JPMorgan Expects Crypto Market Recovery Beginning in August

[Jul 11 5:16 PM] Global investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin liquidations by Mt. Gox creditors and the German…

German Government Moves 1,205 Bitcoin Amid Price Fluctuations

[Jul 8 5:40 AM] 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…