Germany transfers about m in Bitcoin amid ongoing selloff

Germany transfers about $40m in Bitcoin amid ongoing selloff

The German government has transferred 700 Bitcoins (BTC), valued at approximately $40.47 million. This transaction is part of an ongoing trend: the government has consistently sold its Bitcoin holdings since June. Germany’s... Read more »
German MP urges government to stop ‘hasty’ Bitcoin sell-off

German MP urges government to stop ‘hasty’ Bitcoin sell-off

German lawmaker and Bitcoin activist Joana Cotar has urged the government to stop its “hasty” Bitcoin (BTC) selling spree and instead adopt it as a “strategic reserve currency” to shield against risks... Read more »
Mt. Gox repayments test and German BTC sell-off: Bitcoin still bullish?

Mt. Gox repayments test and German BTC sell-off: Bitcoin still bullish?

Bitcoin has experienced a stark correction in the last 24 hours, sparking fear in the market. Could the possible short-squeeze scenario reignite the bullish flames? In June 2024, the defunct Bitcoin (BTC)... Read more »
Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off

Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off

Last updated: April 14, 2024 12:00 EDT | 2 min read The cryptocurrency market experienced a significant downturn following an Iranian drone attack on Israel, leading to a widespread sell-off of digital... Read more »
Iran-Israel conflict, funding rates trigger 0m sell-off

Iran-Israel conflict, funding rates trigger $860m sell-off

Friday’s crypto market liquidation was largely triggered by heightening fears of conflict between Iran and Israel, according to QCP Capital. Historically, geopolitical instability tends to drive investors away from riskier assets like... Read more »
Genesis purchases .1B of Bitcoin following GBTC sell-off

Genesis purchases $2.1B of Bitcoin following GBTC sell-off

Bankrupt crypto lending firm Genesis reportedly offloaded about 36 million shares of Grayscale Bitcoin Trust (GBTC) to acquire additional Bitcoin (BTC) as part of its preparations to settle its debts with creditors.... Read more »
Why Bitcoin’s sell-off was a regular Tuesday for crypto: Expert

Why Bitcoin’s sell-off was a regular Tuesday for crypto: Expert

Bitcoin (BTC-USD) showed significant volatility Tuesday, with its price experiencing a notable sell-off followed by a quick recovery. To shed light on the factors driving this turbulence, Scott Melker, the host of... Read more »
JPMorgan says GBTC sell-off ‘behind us’ as ETFs post record net outflows

JPMorgan says GBTC sell-off ‘behind us’ as ETFs post record net outflows

Investors are likely finished with the bulk of profit-taking from the Grayscale Bitcoin Trust (GBTC), which could ease pressure on the price of Bitcoin (BTC), according to JPMorgan analysts. It comes as... Read more »
Crypto market sell-off leads to 1 million in liquidations as BTC dips to ,400

Crypto market sell-off leads to $531 million in liquidations as BTC dips to $21,400

Editor’s Note: With a lot market volatility, keep on prime of each day information! Get caught up in minutes with our speedy abstract of right now’s must-read information and skilled opinions. Sign... Read more »
Despite market sell-off, these crypto’s have positive YTD return

Despite market sell-off, these crypto’s have positive YTD return

It’s not information that the cryptocurrency market is having a really powerful yr, with the market capitalization dropping over $2 trillion and finally, dropping its trillion-dollar standing. Bitcoin, which was as soon... Read more »