Germany's 2nd largest stock exchange approved to offer #bitcoin   and crypto custody 🇩🇪

#germany #crypto2023 #Binance #BNB

Crypto goes mainstream in Germany! Over 1,200 banks can now offer Bitcoin trading to their retail customers...!!🔥

#germany #cryptoregulation #bitcoin #bullmarket #cryptoonindia

German Government’s Bitcoin Holdings Rise to $3B+ Despite Selling 3K BTC
According to Ki Young Ju, Founder & CEO of CryptoQuant, the German government seized 50,000 Bitcoin, selling approximately 3,000 BTC. Notably, the recent surge in Bitcoin prices has led to a $1.1 billion unrealized profit, pushing the value of Germany’s remaining Bitcoin holdings to $3.24 billion. The chart by the CryptoQuant founder dubbed “BTC Unrealized Profit: German Government (BKA)” shows a correlation between Bitcoin’s price and the unrealized profit of the German government’s holdings. As Bitcoin’s price increases, so does the unrealized profit, particularly evident from January 2024 onwards. It is important to note that Germany’s Bitcoin holdings are now the fourth-largest among various governments, holding 50,000 BTC. This amount places Germany behind the United States, China, and the United Kingdom in terms of total Bitcoin holdings.
Comparatively, the United States holds the largest amount with 213,246 BTC, valued at $13.7 billion, followed by China with 190,000 BTC at $12.2 billion. The United Kingdom holds 61,000 BTC, valued at $3.9 billion. Germany’s supply ratio of 0.253% reflects its influence in the Bitcoin market, despite being smaller than the top holders.
Specifically, Ki Young Ju’s post highlights that China likely sold a significant portion of the seized Bitcoins in 2019, as PlusToken holdings were transferred to Chinese exchanges. However, the Chinese government has not officially confirmed these actions.
#germany #german #BinanceTournament #Megadrop

What you see in Media is Germany Government selling Bitcoin

What actually happened is JaneStreet x BlackRock and other big boys in CME shorting Bitcoin
#germany #BlackRocks #MtGoxJulyRepayments

BREAKING: U.S. #Bitcoin ETFs are scooping up almost exactly the same amount of #Bitcoin that is sold by #germany

We are witnessing a real time intergenerational transfer of wealth between nations. What a time to be alive.

All Good and green until the selloff start again keep an eye on your trades. don't forget stop loss and take profit .don't be greedy be wise #pepe #btc #eth #germany #mt.gox #binance

From a valuation perspective, Bitcoin has reached a level where it is either at a bottom or due for a major correction, similar to what occurred in the summer of 2021.

#bitcoin #usgovernment #germany #Binance

BIG Breaking: German Government Sheds “Bitcoin Billionaire” Status 🚨

The German government transferred 2000 $BTC ($117.3M) to Coinbase, Kraken, and 139Po in the last hour, with today's total transfers reaching 10853.489 BTC (~$636M).

Remaining BTC: 13,110 ($766M), part of the original Movie2k seizure.

#Bitcoin #CryptoNews #CryptoPatel #BTC #germany $ETH $BONK

#Bitcoin on the Move: $1.08B Transferred by Top Entities in Last 16 Days 🔥

Since June 19, the German Government, the US Government, and #MtGox have transferred a total of 17,788 $BTC ($1.08B). 

🔹 The German Government has transferred Bitcoin every day since July 1. All Three currently hold 396,210 BTC (~$23B).
🔹 German Government: 41,226 BTC ($2.28B)
🔹 U.S. Government: 213,297 BTC ($11.72B)
🔹 Mt. Gox: 141,687 #BTC ($7.78B)

Stay tuned for more updates 🔔

$BTC $ETH $FET #usgovernment #germany

Germany has made history with an unprecedented sale of Bitcoin worth €2.6 billion. This massive transaction underscores the growing influence and acceptance of cryptocurrencies in global financial markets.

Transaction Details:
🔹Total Value: €2.6 billion
🔹Significance: Largest Bitcoin sale by a nation.

#germany #defi #CryptocurrencyNews

BREAKING: 🇩🇪 German Government Unloads $24M in $BTC
💸📉
In a surprising move, the German government has sold off a whopping $24 million worth of #Bitcoin over the past week. 😱 This massive sell-off comes as the cryptocurrency market continues to experience high volatility. 📊
The German government's decision to sell off such a large amount of $BTC raises questions about their stance on the future of cryptocurrency. 🤔 Are they cashing out due to concerns about the market's stability, or do they have other motives? 💭
This move could have significant implications for the #cryptocurrency market, as it may signal a lack of confidence in Bitcoin's long-term potential. 📉💭 However, it's important to remember that the cryptocurrency market is highly unpredictable, and this sell-off could simply be a strategic move by the German government. 🤷‍♂️
#BTC #germany #BinanceTournament

German MP Joana Cotar Calls for Halt on Bitcoin Sales Amid Market Turmoil

- Recent Events:
- Market Volatility: Bitcoin's price dropped to $54,000 due to significant sales by the German government and repayments related to the Mt. Gox bankruptcy, causing market instability and millions in liquidations.Government Action: The German government's sales have been a key factor in this market turbulence.

Proposal by Joana Cotar:
- Strategic Reserve Currency: Cotar suggests Germany should retain its Bitcoin holdings as a strategic reserve to hedge against inflation and economic uncertainty, similar to gold.Economic and Technological Benefits:Economic Stability: Diversifying reserve assets with Bitcoin could stabilize Germany's economic position.Technological Leadership: Embracing Bitcoin could position Germany as a leader in digital currency innovation, boosting the blockchain and fintech sectors.

Current Stance:
- Regulatory Caution: Historically, Germany has been cautious about cryptocurrencies, focusing on regulation to mitigate risks.Shift in Approach: Cotar’s proposal marks a significant departure from this cautious approach, advocating for proactive engagement with digital assets.

- Implications:
If adopted, Cotar's proposal could signal a major shift in Germany’s economic strategy and potentially influence other nations to consider similar measures.
This summary encapsulates Cotar's call to stop Bitcoin sales, the market impact of current policies, and the potential benefits of retaining Bitcoin as a reserve currency.

#bitcoin
#cryptocurrency
#germany

Now we face only Mt. Gox returns sell offs, since Germany has sold off its last BTC!

The origin of these assets can be traced back to 2013 proceeds of the operations of a movie content pirate website Movie2K.

#germanyReports came in mid-January 2024 that the Saxony State Criminal Police Office seized 50,000 BTC from one of the website’s operators as part of criminal investigations directed towards Movie2K. At the time of Movie2K’s operations in 2013, these assets were collectively worth less than $50 million. However, Bitcoin has appreciated massively since then, and the value of the stockpile had grown to more than $2.5 billion before the seizure in January 2024. Selloffs began on June 19 but were ramped up in July. Notably, on-chain data shows that the selloffs have seen the stash deplete by over 40,000 BTC in the past month, with less than 5,000 BTC now remaining.

#MtGoxJulyRepayments #germany

🚨 GERMAN GOV’T TRANSFERS ANOTHER $900M IN BITCOIN, ADDING SELLING PRESSURE 🚨

The German government has ramped up its Bitcoin sell-off, transferring another $900 million worth of BTC.

This action has sparked concerns that continued selling pressure could further depress Bitcoin prices.
According to onchain data from Arkham Intelligence, the wallet labeled “German Government (BKA)” moved a total of approximately 16,309 BTC in multiple transactions on July 8.

This marks the largest single-day liquidation from the wallet. Notable recipients included crypto exchanges Bitstamp, Coinbase, and Kraken, as well as market makers Flow Traders and Cumberland DRW.

🔍 Key Transactions
3,500 BTC to Flow Traders
200 BTC to Kraken
400 BTC to Bitstamp
400 BTC to Coinbase

Another 700 BTC, worth over $38.5 million, was sent to the wallet “139Po,” which has previously received funds from the German government.

Will Germany crash the market?
I think they are mad. And have no economic sense of long term bitcoin.

Yes/No - drop your opinion in the comments!

Follow @Professor Mende - Bonuz Ecosystem Founder for more

#germany #bitcoinselloff #bitcoincrash #bitcoinprice #markettrends

$BTC $PEPE $FLOKI

JUST IN: 🇩🇪 Germany’s Commerzbank to launch $BTC trading and custody.

Commerzbank has 11.6m retail customers.

#btc #CommerzbankCryptoLicense #germany #Write2Earn #Bitcoin

🚨 GERMAN GOV’T & NEXT $276M BTC SELL-OFF 🚨

📉 The German government has continued its Bitcoin sell-off, moving approximately 3,100 BTC worth around $178 million in just one hour on July 9.
Simultaneously, the government withdrew roughly 1,700 BTC worth around $91.78 million from Bitstamp, recouping BTC holdings from the exchange. At the time of writing, the German government has also shifted a further 3,107 BTC out of its main holdings, likely preparing for a further imminent sell-off. The main government address currently holds around 26,000 BTC worth $1.5 billion, while the address used to off-load holdings currently holds 4,800 BTC worth $276.61 million.

💼 Related Market Activities
The German government sold a further $900 million worth of BTC on July 8, suggesting plans to continue steadily selling off its remaining $1.5 billion in Bitcoin holdings. That same 16,309 BTC sold is now worth over $930 million despite the mass sell-off, suggesting that buyers are still confident about buying BTC in this price range.

📊 Market Sentiment Analysis
Coinciding with the BTC sell-off, the reduction in BTC miner activity in operations and reserve sell-offs suggests that the market sentiment might be nearing its bottom. According to Bitfinex analysts, July 6 and 7 market data evidenced this local bottom despite Mt. Gox starting its BTC and Bitcoin Cash (BCH) repayments.

💹 BTC Ready to Rebound?
Despite the BTC sell-offs related to the German government and Mt. Gox repayments to creditors, several indicators suggest BTC is ready to bounce back. BTC reached its lowest point since late February, touching $53,550 before reversing to current highs of $57,600. The relative strength index indicator showed a growing divergence between the fall in price and the rise in RSI value, suggesting weakening sell pressure.

Apologies for my home nation. I would had sold the bitcoin to @Justin Sun孙宇晨 via otc.

Follow Professor Mende for more!

#germany #bulltobear #bitcoinprice #bitcoincrash #bitcoin $BTC $BNB

🚨🇩🇪 GERMAN GOV'T URGED TO STOP CRASHING THE MARKET & SELLING BITCOIN 🇩🇪🚨

📉 Bundestag member Joana Cotar strongly criticized the German government’s recent decision to sell a substantial portion of its Bitcoin holdings.

💰 The German government recently moved over $195 million worth of Bitcoin to various crypto exchanges, including Coinbase, Kraken, and Bitstamp. This move has contributed to increased market volatility, with Bitcoin prices experiencing notable fluctuations. Critics argue that such large-scale liquidations by the government could have long-term negative impacts on the crypto market’s stability.

🔍 The sales stem from assets seized during a high-profile investigation into the illegal movie streaming site Movie2k.to, which resulted in the confiscation of approximately 50,000 BTC, now valued at over $3 billion. Critics argue that the government’s large-scale liquidations could have long-term negative impacts on Bitcoin’s value and stability.

⚠️ COUNTERPRODUCTIVE APPROACH ⚠️

💬 In a series of tweets, Cotar condemned the government’s move, contrasting it with discussions in the US, where Bitcoin is being considered as a strategic reserve currency. She addressed her concerns to Saxony’s Minister, President Michael Kretschmer, Finance Minister Christian Lindner, and Chancellor Olaf Scholz, urging them to rethink the strategy.

📚 She emphasized the counterproductive nature of this approach and invited the officials to attend an upcoming lecture event titled “Bitcoin Strategies for Nation States” on Oct. 17. The event will feature Samson Mow, CEO of JAN3 and a prominent Bitcoin strategist. The discussion will focus on how political decision-makers can leverage Bitcoin to bolster their national economies. Mow is expected to provide insights into the potential benefits of holding Bitcoin as part of national financial strategies.

What do you think about this bold move?

Follow me for more.

#btc #germany #bitcoincrash #bitcoinprice #bitcoin
$BTC $SHIB

🚨🚨 𝐆𝐞𝐫𝐦𝐚𝐧 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐀𝐠𝐚𝐢𝐧 𝐓𝐫𝐚𝐧𝐬𝐟𝐞𝐫𝐫𝐞𝐝 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 🚨🚨

The German Government transferred 832.7 $BTC ($52M) out again yesterday, of which 282.7 $BTC ($17.65M) was transferred to #Bitstamp, #Coinbase and #Kraken.

German Government currently holds 43,859 $BTC ($2.74B).

🔼 Data Credit - LookOnchain

🅃🄴🄲🄷🄰🄽🄳🅃🄸🄿🅂123
#Binance #bitcoin #germany