🍻 The #German Government transferred 400 $BTC (~$25.28M) to Bitstamp, Coinbase, and Kraken.

#Germany #BitcoinTransfer #BitcoinUpdate #TrendingTopic

German and US Governments Sell Bitcoin, El Salvador Holds

Following a US-German government development, Bitcoin (BTC) and the crypto market may fall further. On-chain data implies both governments are selling a lot of BTC.

US Government Sends Coinbase Prime $240 Million In Bitcoin
Arkham Intelligence said on X (previously Twitter) that the US government transferred Coinbase Prime 3,940 BTC ($240 million). This has generated concerns that the government may sell these crypto tokens, which would put further pressure on the main coin.

Arkham said this BTC was seized from drugs trafficker Banmeet Singh during his trial earlier this year. Singh sold narcotics on the Silk Road, a dark web network from which the US authorities confiscated a lot of Bitcoin.

The US government has sold some Silk Road BTC, which put pressure on the flagship coin. March saw their latest sale of 9,861 BTC ($216 million). They have not confirmed the sale of the 3,940 BTC transferred to Coinbase, suggesting it has not been sold.

Other than the US government, others want to dump on the market. Arkham Intelligence reports that the German government sent 125 BTC ($7.71 million) apiece to Kraken and Bitstamp. They just sent 400 BTC ($24 million) to Kraken and Coinbase. The German government sent 1,000 BTC to an unknown address (139Po), maybe another crypto exchange.

Given Bitcoin's current selling pressure, the US and German governments' possible sales are more concerning. Bitcoinist said that BTC miners sold 30,000 BTC ($2 billion) this month, leading to the crypto's enormous drop since the month started.

A Different Government Holds
El Salvador is keeping its Bitcoin assets while the US and other governments sell them. El Salvador embraced Bitcoin as legal cash in September 2021 and started a '1 Bitcoin a day campaign' in November 2022, buying 1 BTC daily.

Arkham Intelligence reveals they have 5,794 BTC ($351.82 million) and followed this strategy. Foreign investments and mining have helped El Salvador accumulate.

#Elsalvador #ABD #Germany $BTC

#Bitcoin sales in the #usa and #Germany are putting pressure on the price of Bitcoin.

After Bitcoin's recovery yesterday, the US government sent 3,940 Bitcoins to the famous trading platforms Coinbase.

These sales raise concerns in the short term and may put pressure on the price of Bitcoin, bringing it down to approximately $52,000.

But eventually the effect of these sales will fade and the price of Bitcoin will recover.

🇺🇸🇩🇪

#BTC ⌛🚀🔥

German Government Transfers 900 $BTC , Contributing to Market Dip!

18 hours ago, the German Government moved out another 900 BTC, worth approximately $54.76 million. Of this, 400 BTC, valued at $24.34 million, was transferred to Coinbase and Kraken.

In the past 7 days, the German Government has transferred a net amount of 3,500 BTC ($225 million) to various centralized exchanges (CEX), at an average price of $64,364 per BTC.

Currently, they hold 46,359 BTC, valued at $2.88 billion.

The recent 5.18% dip in BTC price over the past week may have been influenced by significant events, including these large BTC transfers by the German Government and the upcoming Mt. Gox repayment set to begin in July.

#BTC #Germany #selling

🚨 JUST IN: The #German Government transferred again 750 $BTC ($46.35M), including 250 $BTC ($15.41M) to Bitstamp and Kraken.
Currently, the country holds 45,609 $BTC ($2.81B).

#Germany #BitcoinTransfer #TrendingTopic

🚨 BREAKING: 🇩🇪 German Government Sells $24M Worth of Bitcoin 💸📉
The German government has recently sold off $24 million in Bitcoin amid ongoing high volatility in the cryptocurrency market. This decision raises speculation about their outlook on cryptocurrency's future. 🤔 Are they reacting to market instability or pursuing other objectives? 💭
This action may impact the cryptocurrency market, potentially signaling doubts about Bitcoin's long-term prospects. 📉💭 However, given the market's unpredictability, the sell-off could also be a strategic maneuver by Germany. 🤷‍♂️
#BTC #Germany
$BTC

The German government recently sold 400 #Bitcoin on exchanges Kraken and Coinbase, contributing to Bitcoin's price drop to around $60,000.
This action is part of a larger sell-off, following a previous offload of over 1,700 $BTC worth $110 million. The government still holds approximately $2.8 billion in Bitcoin. This sell-off, combined with other market activities, has significantly impacted Bitcoin's

#Germany #BitcoinPriceDrop #bitcoinprice #TrendingTopic

Is it Negative or Positive for a crypto start up to partner a bank, for example, ONINO just bagged a partnership with Volksbank in #Germany and the ONINO token is trading at 0.11 with its max supply sitting at 100 Million ONIs.

🚨📉🇩🇪 _Market Alert!_ 🤯

_Germany Unloads Seized Bitcoin, Sparking Volatility Fears!_ 💥

_Government Sells Off $3 Billion+ Bitcoin Stash_ 📊

_Arkham Sounds Alarm on Potential Market Impact_ 🚨

_Will This Massive Sell-Off Trigger Crypto Turbulence?_ 🤯

Feel Free to Reach out us 👉TG@ItxAP117
For signals📶🚦
_Market Watchers on High Alert!_ 👀 #Germany #SeizedBitcoin #CryptoVolatility #MarketMoves #apCryptoCalls
$BTC

Germany Ordered Tanks with the BTCs It Has? 🇩🇪🪙🛡️

Amid heightened geopolitical tensions, Germany is significantly investing in its military capabilities. The nation plans to acquire 105 Leopard 2 A8 battle tanks, a multi-billion euro investment aimed at modernizing its armed forces. This move is spurred by Russia's invasion of Ukraine, prompting Germany to bolster its defense measures.

Defense Minister Boris Pistorius has sought parliamentary approval for the €2.9 billion deal with Franco-German manufacturer KNDS. The tanks will be delivered in phases by 2030 and are intended to reinforce a planned brigade in Lithuania, contributing to NATO's efforts to strengthen Europe's eastern flank against potential Russian aggression.

Significantly, this substantial purchase is separate from Germany's debt-financed special fund for military spending. It will be funded through a commitment authorization, emphasizing Germany's strategic focus on defense amid escalating regional threats.

Additionally, German defense contractor Rheinmetall AG has been awarded a contract for 155mm artillery ammunition worth up to €8.5 billion. This procurement aims to replenish the Bundeswehr's stocks and support Ukraine's ongoing defense against Russia's invasion.

These actions demonstrate Germany's proactive approach to countering regional instability and underscore its dedication to maintaining robust defense capabilities in the face of evolving threats.

Some well-known people claimed that Germany made this payment with the BTCs it had and said that this was the reason for this decrease in BTC.

What do you think about it? 💬

#BTC #Germany #Megadrop #FIT21 #ETHETFsApproved

German Authorities Seize $2.17 Billion in Bitcoin from Alleged Movie Streaming Scammers. 🇩🇪🪙

In a groundbreaking move, German law enforcement has confiscated an impressive 50,000 Bitcoin (BTC), equivalent to $2.17 billion, in a major crackdown on illegal movie streaming.

The focus of the investigation revolves around two individuals, a 40-year-old German and a 37-year-old Polish, suspected of operating a piracy portal until May 2013. Allegedly, the duo used the proceeds from their illegal activities to amass a substantial amount of Bitcoin. This marks the most extensive cryptocurrency seizure in Germany to date.

The roots of this operation trace back to the notorious illegal streaming site Movie2k.to, accused of distributing over 880,000 pirated films from 2008 to May 2013. The accused pair is said to have funded their Bitcoin holdings through advertising fees and subscriptions garnered during the site's operation.

As of now, the two suspects remain uncharged, and the investigation is ongoing. The possibility of an indictment leading to the investigation's closure has been indicated by Patrick Pintaske, spokesman for the Dresden Public Prosecutor General’s Office.

On January 31st, high-net-worth Bitcoin traders orchestrated significant transactions, moving a staggering $4.5 billion worth of Bitcoin. Notable among these was a whale transferring 35,049 BTC, valued at $1,518,020,170, from an unknown wallet to another.

Various transactions involving thousands of BTC occurred between unknown wallets and major exchanges like Coinbase, Gemini, Paypal, Binance, and Kraken.

Bitcoin is currently trading at $43K, reflecting a 2% decrease in the last 24 hours and a 12% decrease from its 30-day high on January 11th.

#Germany #German #Write2Earn #TrendingTopic #BTC

Binance Withdraws Crypto License Application in Germany.

$BNB

#WebGTR #Binance #crypto #cryptocurrency #Germany

Binance Withdraws License Application in Germany.

$BTC $BNB

#WebGTR #Germany #Binance #bitcoin #Withdrawals

Inflation in Germany for October 2023. 🇩🇪

The Consumer Price Index (CPI) data for Germany has been released, and there are some noteworthy highlights for October 2023.

Here are the key takeaways:

- Annual Inflation: In October 2023, the annual inflation rate in Germany was reported at 3.8%. This marks the lowest level since August 2021 and falls below the economist-predicted rate of 4.0%.

- Monthly Change: The month-to-month CPI change for October is reported at 0.0%. This suggests that there was no significant change in inflation rates compared to the previous month, indicating a temporary situation.

- Expected and Previous Data: Analysts had anticipated a 4.0% annual inflation rate for October. However, the actual rate of 3.8% is below these expectations. In the previous month, the annual inflation rate was at 4.5%, indicating a decline in October.

These inflation figures in Germany serve as an important indicator to monitor economic stability and monetary policies. The decrease in inflation in October may have economic implications that require close attention.

#inflations #Germany #cpi

🚨Germany is entering an experimental stage to boost its slowing economy as multiple companies are trying to reap the benefits of fewer work hours. Hundreds of workers will be getting a weekly day off with full pay in a 6-month programme that starts from February 1.

"I'm absolutely convinced that investments in 'new work' pay off because they increase well-being and motivation, subsequently increasing efficiency," said Sören Fricke, co-founder of event planner Solidsense, one of 45 companies taking part in the trial stage. "The four-day week, if it works, won't cost us anything either in the long run."

Around 45 companies in Germany will try out the four-day work week to find out how much productivity gains can be made from fewer work hours.

REDEEM CODE: BPSD6AGXQ7

#Write2Earn #TrendingTopic #Germany #news #finance

🚨BREAKING 🚨

GERMAN ASSET MANAGER DWS PARTNERS WITH GALAXY DIGITAL TO LAUNCH PHYSICAL #BITCOIN ETC IN THE COUNTRY.

#BullorBear #BinanceLaunchpool $BTC #Germany

Joana Cotar, a member of the German Federal Assembly, expressed her preference for adopting Bitcoin as fiat currency instead of introducing the digital euro. Cotar highlighted concerns about the digital euro potentially subjecting all citizens to government surveillance, and as a libertarian, she strongly rejects such surveillance. Cotar believes that citizens who value freedom and oppose surveillance may not need a digital euro, and instead, adopting Bitcoin could empower individuals. She suggested forming a committee within the German parliament to discuss the importance of Bitcoin. 🇩🇪🌐 #BitcoinBoom #DigitalEuro #Germany #CryptoNews