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Germany transfers another 1000 BTC, markets suffer negative hit
Germany transfers another 1000 BTC, markets suffer negative hit

Share link:In this post: Arkham Intelligence on-chain data shows that the German government moved 1000 BTC to Coinbase, Bitstamp, and other unknown addresses. Since July 6, Germany’s BTC outflow has been over 4000 BTC worth over $229 million, with its account now holding 35,446 BTC. Germany’s BTC inflows and outflows are causing crypto market turbulence, leading to price fluctuations and market uncertainty.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for

Cryptopolitan·2024/07/09 01:37
Bitcoin stands strong in face of nearly $1 billion German liquidation
Bitcoin stands strong in face of nearly $1 billion German liquidation

Share link:In this post: Germany liquidated $950m in only twenty-four hours, but Bitcoin’s price did not tumble. Bitcoin has managed to stabilize above $56,000, with minor bullish signals from technical indicators.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decis

Cryptopolitan·2024/07/09 01:37
Bitcoin Outlook for Q4 2024: Analyst Look at Historical Price Patterns
Bitcoin Outlook for Q4 2024: Analyst Look at Historical Price Patterns

A Bitcoin and crypto market summer crash is nothing new, in fact, it has happened several times before leading analysts to look at previous years in an effort to predict what will happen later this year.

Cryptopotato·2024/07/09 01:16
TeraWulf chooses BTC mining profitability over expansion in M&A
TeraWulf chooses BTC mining profitability over expansion in M&A

Share link:In this post: Bitcoin mining firm TeraWulf is open to mergers as long as they increase BTC mining profitability instead of focusing on expansion. TeraWulf mentioned that its primary purpose was to provide stakeholders with sustainable returns. A February Galaxy Digital report suggested that mining firms may consider mergers and acquisitions to manage high BTC mining power costs.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments ma

Cryptopolitan·2024/07/08 23:29
Flash
22:52
Shielded Labs discloses that the Orchard forgery vulnerability has been fixed
Shielded Labs disclosed a vulnerability in Orchard that could have been used to generate an unlimited amount of counterfeit ZEC. The issue was fixed on June 2, and zcash:native dropped by 27%. (Decrypt)
22:51
Major US banks including JPMorgan and Citi to launch tokenized deposit systems
Major U.S. banks, including JPMorgan and Citi, plan to launch a tokenized deposit system to compete with cryptocurrencies. (Watcher.Guru)
22:41
Pakistan plans to build strategic petroleum reserves, Japanese media: Pakistan is negotiating with China, Saudi Arabia, and Kuwait
Golden Ten Data reported on June 5 that a Pakistani government official told Nikkei Asia, “Pakistan plans to initially establish oil reserves sufficient for 45 days of demand, which can be gradually increased to 90 days in the future.” The official revealed that the Ministry of Energy plans to adopt a multi-model strategic petroleum reserve system, including state-supported emergency inventories, mandatory industry inventories, and bonded commercial storage. Among these reserve systems, bonded commercial storage has sparked discussion. This refers to storage facilities under customs supervision, where imported oil or other fuels can be stored for re-export by domestic or foreign traders without immediate payment of duties and taxes. In case of emergencies, these stored fuels can be used domestically in Pakistan. Nikkei Asia, citing another informed government official, reported that Pakistan is in negotiations with Saudi Arabia, Kuwait, Qatar, the United Arab Emirates, and China, planning to establish bonded terminals within Pakistan. “Gwadar Port could be one of the sites for such terminal construction,” the official said.
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