FDP leader Christian Lindner believes Bitcoin could diversify and strengthen Germany’s financial reserves, despite criticisms of its volatility. This is a potential trend reversal as German authorities sold 50,000 BTC…
Browsing: German government
The German government transferred over 10,627 Bitcoins to exchanges and market makers on Thursday. These transfers are part of a strategy to offload 50,000 bitcoins seized from the defunct Movie2K…
The German government has intensified its Bitcoin sales as 84% of the 50,000 BTC seized from a movie piracy website in 2013 has been liquidated. Crypto analyst lauds the Bitcoin…
Bitcoin faces severe selling pressure, dropping under $53,500 as Mt. Gox begins repayments to creditors. Significant market volatility led to liquidations totaling $589 million. If Bitcoin doesn’t recover to $61,000,…
The German government sold 900 BTC worth over $54 million on June 25. The government’s Bitcoin wallet still holds over $2.8 billion worth of BTC, which could exert significant selling…