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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
04:34
Volkswagen requests all parties to submit sealed final bids for the engine business
Glonghui, June 17 — According to sources cited by the Financial Times, Volkswagen has notified three acquisition consortiums to submit sealed final bids next week to compete for its engine business division, valued at 10 billion USD. Investors behind these consortiums include European wealthy families, as well as capital from Qatar and Canada. Previously, EQT, together with Porsche Holding and Qatar Investment Authority, participated in the bidding. There are market concerns that EQT may have an unfair competitive advantage, and Volkswagen’s move aims to address these concerns. Volkswagen, Porsche Holding, and EQT have all declined to comment.
04:32
Data: The current Crypto Fear & Greed Index is 21, indicating a state of extreme fear.
According to ChainCatcher, citing data from Coinglass, the current Cryptocurrency Fear & Greed Index is 21, down 1 point from yesterday. The 7-day average is 17, and the 30-day average is 20.
04:24
U.S. Congress reaches agreement on housing bill including a clause to suspend CBDC issuance until 2030
According to Bloomberg, the US Congress has reached an agreement on a housing bill, which includes a provision to halt the issuance of CBDC by the Fed before 2030. (Cointelegraph)
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