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🧙I am very happy to be a part of #Binance , which leads our industry.😍 🧙Both the global team and the Turkish team are doing amazing work.🥳 🧙#Binance accomplished great successes and organized large events in 7 years.😎 🧙Thank u very much @binance @cz_binance @_RichardTeng @Binance_Turkish @BinanceTR @BinanceAcademy @BinanceUS @RachelConlan @AllinBNB #BinanceTurns7it #binancemegadrop #binance200m
🧙I am very happy to be a part of #Binance , which leads our industry.😍
🧙Both the global team and the Turkish team are doing amazing work.🥳
🧙#Binance accomplished great successes and organized large events in 7 years.😎

🧙Thank u very much @binance @cz_binance @_RichardTeng @Binance_Turkish @BinanceTR @BinanceAcademy @BinanceUS @RachelConlan @AllinBNB
#BinanceTurns7it #binancemegadrop #binance200m
💥US Annual CPI announced: •Announced: 3.0% •Previous: 3.3% •Expected: 3.1% 💥US Monthly CPI announced: •Announced: -0.1% •Previous 0.0% •Expected: 0.1% 🇺🇸US June annual inflation was 3.0%. 🇺🇸US Unemployment Benefit Applications have been announced. •Declared: 222K •Expectation: 236K •Previous: 238K 💫Following the CPI data, the probability of interest rate reduction in September increased from 70% to 85%. 🚨 JPMorgan says the crypto market will recover in August. 🚨 SEC withdraws Paxos investigation and rules that BUSD stablecoin is not a security.
💥US Annual CPI announced:
•Announced: 3.0% •Previous: 3.3% •Expected: 3.1%

💥US Monthly CPI announced:
•Announced: -0.1% •Previous 0.0% •Expected: 0.1%

🇺🇸US June annual inflation was 3.0%.

🇺🇸US Unemployment Benefit Applications have been announced.

•Declared: 222K
•Expectation: 236K
•Previous: 238K

💫Following the CPI data, the probability of interest rate reduction in September increased from 70% to 85%.

🚨 JPMorgan says the crypto market will recover in August.

🚨 SEC withdraws Paxos investigation and rules that BUSD stablecoin is not a security.
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🎬KIP Animated Explainer Premiering today 🎬 Our Animated Explainer, fully visualizing how $KIP empowers decentralization, collaboration, and monetization in the world of AI. Become an owner, not just a consumer in the AI-powered future! Best watched with sound on.
🎬KIP Animated Explainer Premiering today 🎬

Our Animated Explainer, fully visualizing how $KIP empowers decentralization, collaboration, and monetization in the world of AI.

Become an owner, not just a consumer in the AI-powered future!

Best watched with sound on.
🚨Reminder: 🇺🇲US Consumer Price Index (CPI) will be announced today at 15:30. •Expectation: 3.1% •Previous: 3.3% 🇺🇲US Unemployment Benefit Applications will be announced today at 15:30. •Expected: 236K •Previous: 238K
🚨Reminder:

🇺🇲US Consumer Price Index (CPI) will be announced today at 15:30.
•Expectation: 3.1% •Previous: 3.3%

🇺🇲US Unemployment Benefit Applications will be announced today at 15:30.
•Expected: 236K •Previous: 238K
New Delist Statement from Binance! A new delist announcement came from the cryptocurrency exchange Binance. Binance announced that it will delist 3 trading pairs. Binance made the following statement regarding the issue: “To protect users and maintain a high-quality trading market, Binance periodically reviews all listed spot trading pairs and may delist selected spot trading pairs due to many factors such as poor liquidity and trading volume. The removed trading pairs are as follows: ALGO/ETH, DYM/FDUSD, SXP/BNB “Once delisted, the value of the token will no longer be displayed in your wallet. To view your holdings after transactions are completed, please make sure you do not select the “Hide Small Balances” option in all your wallets.”
New Delist Statement from Binance!

A new delist announcement came from the cryptocurrency exchange Binance. Binance announced that it will delist 3 trading pairs. Binance made the following statement regarding the issue:
“To protect users and maintain a high-quality trading market, Binance periodically reviews all listed spot trading pairs and may delist selected spot trading pairs due to many factors such as poor liquidity and trading volume.

The removed trading pairs are as follows:

ALGO/ETH, DYM/FDUSD, SXP/BNB

“Once delisted, the value of the token will no longer be displayed in your wallet. To view your holdings after transactions are completed, please make sure you do not select the “Hide Small Balances” option in all your wallets.”
BNB Zincir Füzyonuna hazır olmak için varlıklarınızı taşımak için yalnızca 3 gününüz kaldı! BEP2 varlıkları ve stake edilmiş BNB dahil tüm varlıkların Beacon Zincirinden BNB Akıllı Zincirine taşınması gerekiyor, hazırlanmak için ne yapmanız gerektiğini aşağıda görün 👇 🔶 Stacked BNB: BNB'yi stake ettiyseniz bunun taşınması gerekir. 14 Temmuz'dan önce taşınmazsa otomatik olarak kaldırılacak ve 2 hafta içinde hesabınıza iade edilecektir. Daha sonra şu adreste yeni delegeler bulabilirsiniz: @TrustWallet doğrudan veya aşağıdaki gibi LSDFi seçeneklerini değerlendirin: @lista_dao Aşağıdaki kılavuz, paydaşların stake edilmiş BNB'lerini taşımalarına yardımcı olacaktır 👇 https://bnbchain.org/en/blog/staking-opportunities-post-bnb-chain-fusion 🔶 BNB ve diğer BEP2 varlıkları: Bunların ayrıca Beacon Chain'den BNB Smart Chain'e taşınması gerekecek. Varlıklar taşınmazsa 15 Ağustos'tan sonra taşınamaz hale gelecektir. Varlık taşıma işleminizi henüz tamamlamadıysanız lütfen bu işlemi 14 Temmuz'dan önce tamamlayın. İlgili tüm kılavuzlar için aşağıdaki bağlantıya bakın 👇 https://www.bnbchain.org/en/bnb-chain-fusion
BNB Zincir Füzyonuna hazır olmak için varlıklarınızı taşımak için yalnızca 3 gününüz kaldı!

BEP2 varlıkları ve stake edilmiş BNB dahil tüm varlıkların Beacon Zincirinden BNB Akıllı Zincirine taşınması gerekiyor, hazırlanmak için ne yapmanız gerektiğini aşağıda görün 👇

🔶 Stacked BNB:

BNB'yi stake ettiyseniz bunun taşınması gerekir. 14 Temmuz'dan önce taşınmazsa otomatik olarak kaldırılacak ve 2 hafta içinde hesabınıza iade edilecektir.

Daha sonra şu adreste yeni delegeler bulabilirsiniz:
@TrustWallet
doğrudan veya aşağıdaki gibi LSDFi seçeneklerini değerlendirin:
@lista_dao

Aşağıdaki kılavuz, paydaşların stake edilmiş BNB'lerini taşımalarına yardımcı olacaktır 👇
https://bnbchain.org/en/blog/staking-opportunities-post-bnb-chain-fusion

🔶 BNB ve diğer BEP2 varlıkları:

Bunların ayrıca Beacon Chain'den BNB Smart Chain'e taşınması gerekecek. Varlıklar taşınmazsa 15 Ağustos'tan sonra taşınamaz hale gelecektir.

Varlık taşıma işleminizi henüz tamamlamadıysanız lütfen bu işlemi 14 Temmuz'dan önce tamamlayın.

İlgili tüm kılavuzlar için aşağıdaki bağlantıya bakın 👇
https://www.bnbchain.org/en/bnb-chain-fusion
🚀 The Uprising V2 is Now Live 🚀 Our community airdrop campaign just got a whole lot spicier! V2 brings: - Exciting new features - Point Boosters updates - New ways to earn points - Sleeker UI - And much more... Join now ▶️ https://uprising.kip.pro/ For full details on all the updates on V2, read here 👇 https://x.com/KIPprotocol/status/1811058448139964430
🚀 The Uprising V2 is Now Live 🚀

Our community airdrop campaign just got a whole lot spicier!

V2 brings:
- Exciting new features
- Point Boosters updates
- New ways to earn points
- Sleeker UI
- And much more...

Join now ▶️ https://uprising.kip.pro/

For full details on all the updates on V2, read here 👇

https://x.com/KIPprotocol/status/1811058448139964430
Donald Trump appeals to voters with crypto approach Donald Trump, who has adopted cryptocurrencies and is preparing for the elections in the USA, can also collect votes from Republicans. According to a survey conducted by Paradigm, Donald Trump attracted the attention of Republicans with his positive steps towards the crypto sector in the USA. Trump, who managed to get ahead of Joe Biden with his positive statements, also managed to attract the attention of undecided Republicans. The survey showed that 13 percent of Republicans who did not plan to vote for Trump began to view him favorably due to his approach to crypto. Crypto investment firm Paradigm published a survey during the day. The survey examined Donald Trump's impression among Republicans. Republicans recognize crypto's potential and support Congressional action to create understandable rules, according to Katie Biber, Paradigm's chief legal officer, and Alex Grieve, the company's government affairs officer. 60 percent of respondents think Congress should regulate crypto. Republicans do not like the way the financial system works in the United States. 28 percent of survey participants stated that they had dealt with crypto before. 94 percent of those surveyed argued that their personal financial records should remain confidential. 68 percent of participants are against central bank digital currencies (CBDCs). This survey showed that Republicans have a positive impression of crypto. While 36 percent of participants viewed crypto positively, 30 percent expressed a negative opinion. Trump's approach to crypto day by day also confirms the survey. Republican politicians seem to have gotten the message from voters who prefer cryptocurrency. The Republican National Committee announced this week that it has included support for digital assets in its party platform.
Donald Trump appeals to voters with crypto approach

Donald Trump, who has adopted cryptocurrencies and is preparing for the elections in the USA, can also collect votes from Republicans.

According to a survey conducted by Paradigm, Donald Trump attracted the attention of Republicans with his positive steps towards the crypto sector in the USA.

Trump, who managed to get ahead of Joe Biden with his positive statements, also managed to attract the attention of undecided Republicans. The survey showed that 13 percent of Republicans who did not plan to vote for Trump began to view him favorably due to his approach to crypto.

Crypto investment firm Paradigm published a survey during the day. The survey examined Donald Trump's impression among Republicans.

Republicans recognize crypto's potential and support Congressional action to create understandable rules, according to Katie Biber, Paradigm's chief legal officer, and Alex Grieve, the company's government affairs officer.

60 percent of respondents think Congress should regulate crypto. Republicans do not like the way the financial system works in the United States. 28 percent of survey participants stated that they had dealt with crypto before.

94 percent of those surveyed argued that their personal financial records should remain confidential. 68 percent of participants are against central bank digital currencies (CBDCs).

This survey showed that Republicans have a positive impression of crypto. While 36 percent of participants viewed crypto positively, 30 percent expressed a negative opinion.

Trump's approach to crypto day by day also confirms the survey. Republican politicians seem to have gotten the message from voters who prefer cryptocurrency. The Republican National Committee announced this week that it has included support for digital assets in its party platform.
🧙‍♂️Starknet (#STRK ) announced that it plans to launch its staking service by the end of the year. 🧙‍♂️SkyBridge Capital Founder expects Bitcoin price to reach $100,000 by the end of the year. 🧙‍♂️SingularityNET (#AGIX ) and Filecoin (#FIL ) announced their partnership for artificial intelligence and DePIN.
🧙‍♂️Starknet (#STRK ) announced that it plans to launch its staking service by the end of the year.

🧙‍♂️SkyBridge Capital Founder expects Bitcoin price to reach $100,000 by the end of the year.

🧙‍♂️SingularityNET (#AGIX ) and Filecoin (#FIL ) announced their partnership for artificial intelligence and DePIN.
📣Binance will remove and suspend trading in ALGO/ETH, DYM/FDUSD, SXP/BNB spot trading pairs on July 12 at 06:00 UTC.
📣Binance will remove and suspend trading in ALGO/ETH, DYM/FDUSD, SXP/BNB spot trading pairs on July 12 at 06:00 UTC.
🧙‍♂️On July 9, spot Bitcoin ETFs recorded an inflow of $216 million. •Grayscale (GBTC) Bitcoin ETF experienced an outflow of $37 million. •Blackrock (IBIT) ETF experienced an inflow of $121 million. •Fidelity (FBTC) Bitcoin ETF saw an inflow of $90 million.
🧙‍♂️On July 9, spot Bitcoin ETFs recorded an inflow of $216 million.

•Grayscale (GBTC) Bitcoin ETF experienced an outflow of $37 million.

•Blackrock (IBIT) ETF experienced an inflow of $121 million.

•Fidelity (FBTC) Bitcoin ETF saw an inflow of $90 million.
📣Binance announced that it will support the #Render (RNDR) token swap and rebranding for Render (RENDER).
📣Binance announced that it will support the #Render (RNDR) token swap and rebranding for Render (RENDER).
Impact of US Elections on Bitcoin: Could Trump's Comeback Send BTC to New Highs? The US presidential elections, which will be held in November 2024, are seen as a critical turning point for financial markets, especially for cryptocurrencies such as Bitcoin. According to VanEck's head of crypto research, Matthew Sigel, election results could significantly impact Bitcoin's future direction. Sigel states that if a pro-cryptocurrency candidate like Donald Trump is re-elected, new highs could be reached for Bitcoin and the overall market. Recent declines in the cryptocurrency market, Mt. Gox creditors and Germany's regulatory sell-off. Sigel expresses hope that these pressures will ease soon and reduce the downward impact on Bitcoin. Reminding that in previous bull markets, Bitcoin did not stay below its 200-week moving average for more than six weeks, Sigel predicts a recovery in the near future. Another critical factor Sigel identifies is the broader economic environment and, in particular, expected adjustments in monetary policy. With inflation rates slowing and the U.S. economy making a soft landing, the long-awaited monetary policy shift may be imminent. This potential shift is supported by sweeping spending expected to continue over the next four years, which could create a more favorable regulatory environment for cryptocurrencies under the Trump administration. If Trump wins a victory in the upcoming elections, Sigel foresees a more favorable regulatory framework for cryptocurrencies in the US. This scenario could pave the way for Bitcoin to reach unprecedented all-time highs. Investors and market participants are advised to carefully monitor the outcome of the elections, as the election results could be a critical catalyst for Bitcoin's price movement and push it to new highs.
Impact of US Elections on Bitcoin: Could Trump's Comeback Send BTC to New Highs?

The US presidential elections, which will be held in November 2024, are seen as a critical turning point for financial markets, especially for cryptocurrencies such as Bitcoin. According to VanEck's head of crypto research, Matthew Sigel, election results could significantly impact Bitcoin's future direction. Sigel states that if a pro-cryptocurrency candidate like Donald Trump is re-elected, new highs could be reached for Bitcoin and the overall market.

Recent declines in the cryptocurrency market, Mt. Gox creditors and Germany's regulatory sell-off. Sigel expresses hope that these pressures will ease soon and reduce the downward impact on Bitcoin. Reminding that in previous bull markets, Bitcoin did not stay below its 200-week moving average for more than six weeks, Sigel predicts a recovery in the near future.

Another critical factor Sigel identifies is the broader economic environment and, in particular, expected adjustments in monetary policy. With inflation rates slowing and the U.S. economy making a soft landing, the long-awaited monetary policy shift may be imminent. This potential shift is supported by sweeping spending expected to continue over the next four years, which could create a more favorable regulatory environment for cryptocurrencies under the Trump administration.

If Trump wins a victory in the upcoming elections, Sigel foresees a more favorable regulatory framework for cryptocurrencies in the US. This scenario could pave the way for Bitcoin to reach unprecedented all-time highs. Investors and market participants are advised to carefully monitor the outcome of the elections, as the election results could be a critical catalyst for Bitcoin's price movement and push it to new highs.
Bitcoin ETF Inflows See a Positive Increase on the Second Day On Monday, US spot Bitcoin exchange-traded funds (ETFs) had their second consecutive day of inflows, accumulating $294.9 million. Blackrock's IBIT dominated the trading sessions, attracting inflows of $187.21 million. Blackrock's IBIT Dominates with $187.21 Million Spot Bitcoin ETFs in the US had another day of gains on Monday, capturing inflows of $294.9 million during the trading session. These inflows follow the $143 million accumulated on Friday, July 5. Blackrock's Bitcoin Trust (IBIT) led the pack, attracting $187.21 million in inflows. This increase brings IBIT's reserves to 310,470.32 BTC, worth $17.83 billion, according to sosovalue.xyz statistics. Fidelity's FBTC secured $61.54 million, while Grayscale's GBTC secured $25.08 million. Bitwise's BITB attracted $11.05 million, and Ark Invest and 21shares' fund ARKB managed to raise $8.44 million. Finally, Vaneck's HODL bought $1.59 million in Monday's sessions. None of the other ETFs saw outflows or inflows as BTCO, BRRR, DEFI, EZBC and BTCW all saw neutral days. Recent inflows into US spot bitcoin ETFs highlight growing investor confidence in Bitcoin (BTC) after the recent pullback. Blackrock's leading position, together with significant investments in other funds such as Fidelity's FBTC and Grayscale's GBTC, underscores a competitive and rapidly evolving market landscape. Although there have been occasional outflows, US spot Bitcoin ETFs have broken records this year.
Bitcoin ETF Inflows See a Positive Increase on the Second Day

On Monday, US spot Bitcoin exchange-traded funds (ETFs) had their second consecutive day of inflows, accumulating $294.9 million. Blackrock's IBIT dominated the trading sessions, attracting inflows of $187.21 million.

Blackrock's IBIT Dominates with $187.21 Million

Spot Bitcoin ETFs in the US had another day of gains on Monday, capturing inflows of $294.9 million during the trading session. These inflows follow the $143 million accumulated on Friday, July 5. Blackrock's Bitcoin Trust (IBIT) led the pack, attracting $187.21 million in inflows. This increase brings IBIT's reserves to 310,470.32 BTC, worth $17.83 billion, according to sosovalue.xyz statistics.
Fidelity's FBTC secured $61.54 million, while Grayscale's GBTC secured $25.08 million. Bitwise's BITB attracted $11.05 million, and Ark Invest and 21shares' fund ARKB managed to raise $8.44 million. Finally, Vaneck's HODL bought $1.59 million in Monday's sessions. None of the other ETFs saw outflows or inflows as BTCO, BRRR, DEFI, EZBC and BTCW all saw neutral days.

Recent inflows into US spot bitcoin ETFs highlight growing investor confidence in Bitcoin (BTC) after the recent pullback. Blackrock's leading position, together with significant investments in other funds such as Fidelity's FBTC and Grayscale's GBTC, underscores a competitive and rapidly evolving market landscape. Although there have been occasional outflows, US spot Bitcoin ETFs have broken records this year.
⚡️ Best DePIN coins by 30-day revenue.
⚡️ Best DePIN coins by 30-day revenue.
Mobility is increasing in Solana: Which projects shined? With the recovery in the cryptocurrency market, memecoins in the Solana ecosystem have revived. With the recovery in the cryptocurrency market, memecoins in the Solana ecosystem have revived. Solana price has jumped over 7 percent in the past day, which indicates that there is a high probability of an increase in the coming period. On the other hand, Solana-based memecoins also surprised their investors by registering large price movements in a short time.  BONK, the leading memecoin of the Solana ecosystem, has retested an important support level. This resulted in Bonk price gaining over 22 percent with a trading volume of $571.63 Million. Additionally, the popular memecoin winked at the bull by increasing by over 30 percent in the last 2 days. Moreover, the MACD exhibits an ascending trend with its averages registering strong bullish price action on the 1D (one-day) timeframe. Popcat (LEFT) Launched in 2023 with a circulating supply of 979,973,185, Solana-based memecoin Popcat takes its inspiration from the Bonk project. To become the next breakout memecoin, POPCAT has attracted a lot of attention from the crypto market. dogwifhat (WIF) WIF, another popular memecoin of the Solana ecosystem, achieved a transaction volume of over 626 Million dollars. WIF is currently priced 64.89 percent below its ATH The Relative Strength Index (RSI) is indicating an uptrend on the 1D WIF price chart. Additionally, the average trend line has turned positive for WIF.
Mobility is increasing in Solana: Which projects shined?

With the recovery in the cryptocurrency market, memecoins in the Solana ecosystem have revived.

With the recovery in the cryptocurrency market, memecoins in the Solana ecosystem have revived.

Solana price has jumped over 7 percent in the past day, which indicates that there is a high probability of an increase in the coming period. On the other hand, Solana-based memecoins also surprised their investors by registering large price movements in a short time. 

BONK, the leading memecoin of the Solana ecosystem, has retested an important support level. This resulted in Bonk price gaining over 22 percent with a trading volume of $571.63 Million.

Additionally, the popular memecoin winked at the bull by increasing by over 30 percent in the last 2 days. Moreover, the MACD exhibits an ascending trend with its averages registering strong bullish price action on the 1D (one-day) timeframe.

Popcat (LEFT)
Launched in 2023 with a circulating supply of 979,973,185, Solana-based memecoin Popcat takes its inspiration from the Bonk project. To become the next breakout memecoin, POPCAT has attracted a lot of attention from the crypto market.

dogwifhat (WIF)

WIF, another popular memecoin of the Solana ecosystem, achieved a transaction volume of over 626 Million dollars. WIF is currently priced 64.89 percent below its ATH

The Relative Strength Index (RSI) is indicating an uptrend on the 1D WIF price chart. Additionally, the average trend line has turned positive for WIF.
🗣Fed President Jerome Powell: •First quarter data did not support the growing confidence in the inflation path the Fed needs to cut interest rates. •Cutting interest rates too early or too little will weaken the economy more than necessary. •We have made significant progress towards the 2% inflation target, with recent monthly data showing moderate progress.
🗣Fed President Jerome Powell:

•First quarter data did not support the growing confidence in the inflation path the Fed needs to cut interest rates.
•Cutting interest rates too early or too little will weaken the economy more than necessary.
•We have made significant progress towards the 2% inflation target, with recent monthly data showing moderate progress.
📢Reminder: 🇺🇸Fed Chairman Jerome Powell will give a speech today at 17:00.
📢Reminder:

🇺🇸Fed Chairman Jerome Powell will give a speech today at 17:00.
🧙‍♂️ On July 8, spot Bitcoin ETFs recorded the highest inflow in 21 days with an inflow of $ 295 million. •Grayscale (GBTC) Bitcoin ETF experienced a $25 million outflow. •Blackrock (IBIT) ETF experienced an inflow of $187 million. •Fidelity (FBTC) Bitcoin ETF saw an inflow of $61 million.
🧙‍♂️ On July 8, spot Bitcoin ETFs recorded the highest inflow in 21 days with an inflow of $ 295 million.

•Grayscale (GBTC) Bitcoin ETF experienced a $25 million outflow.

•Blackrock (IBIT) ETF experienced an inflow of $187 million.

•Fidelity (FBTC) Bitcoin ETF saw an inflow of $61 million.
The German government does not stop: New BTC transfer The German government moved the market by transferring 1533 BTC ($87.6 million) in the last hours. The German government moved 8,100 BTC worth $463.2 million a few hours after the first transaction. Later, another 5,200 BTC worth $297.3 million was sent to Kraken, Bitstamp, Coinbase and 139Po. It resulted in the largest single-day sell-off, with approximately 16,000 BTC transferred in total.  The government's current Bitcoin holdings, less than half of what was originally seized from Movie2k, stands at 23,787.7 BTC, valued at $1.35 billion. Data from crypto data platform Arkham shows that German authorities received around 3,000 BTC later in the day, mainly from Coinbase, Kraken and Bitstamp. The German government's recent BTC sales have sparked controversy among industry experts Ki Young Ju, founder and CEO of CryptoQuant, shared his thoughts on the situation. He stated that the Bitcoin market continues to be affected by “psychological operations”. Famous crypto analyst Alex Krüger presented a detailed analysis of the sales. He stated that this was the final stage of the German sale and that eventually his holdings would be exhausted. What's more, the rest of the market, just like Mt. He suggested that he could absorb it in one go, just like Gox streams. Another crypto analyst, Daan Crypto, believes that the German government's influence on the market will gradually decrease. The German government's continuous sales have undoubtedly stimulated the market, which has been reflected in Bitcoin's price performance since the selling frenzy began. When transfers began on June 19, BTC was trading at $65,000. It is currently trading at $56,586, indicating a decline of approximately 13 percent.
The German government does not stop: New BTC transfer

The German government moved the market by transferring 1533 BTC ($87.6 million) in the last hours.

The German government moved 8,100 BTC worth $463.2 million a few hours after the first transaction. Later, another 5,200 BTC worth $297.3 million was sent to Kraken, Bitstamp, Coinbase and 139Po. It resulted in the largest single-day sell-off, with approximately 16,000 BTC transferred in total.  The government's current Bitcoin holdings, less than half of what was originally seized from Movie2k, stands at 23,787.7 BTC, valued at $1.35 billion.

Data from crypto data platform Arkham shows that German authorities received around 3,000 BTC later in the day, mainly from Coinbase, Kraken and Bitstamp. The German government's recent BTC sales have sparked controversy among industry experts

Ki Young Ju, founder and CEO of CryptoQuant, shared his thoughts on the situation. He stated that the Bitcoin market continues to be affected by “psychological operations”.

Famous crypto analyst Alex Krüger presented a detailed analysis of the sales. He stated that this was the final stage of the German sale and that eventually his holdings would be exhausted. What's more, the rest of the market, just like Mt. He suggested that he could absorb it in one go, just like Gox streams. Another crypto analyst, Daan Crypto, believes that the German government's influence on the market will gradually decrease.

The German government's continuous sales have undoubtedly stimulated the market, which has been reflected in Bitcoin's price performance since the selling frenzy began. When transfers began on June 19, BTC was trading at $65,000. It is currently trading at $56,586, indicating a decline of approximately 13 percent.
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