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JUST IN: đ©đȘ #German parliament member Joana Cotar said "it is very important" that more german parliament members understand #bitcoinâïž
Germany selling 50k #BTCâ "was something very, very upsetting." đ
$BTC
Germany selling 50k #BTCâ "was something very, very upsetting." đ
$BTC
Industrial giant #Siemens issued a $330M digital bond on a private #blockchain , involving Deutsche Bank and other major #German banks.
#TrendingTopic #Binancefeed
#TrendingTopic #Binancefeed
German Authorities Seize $2.17 Billion in Bitcoin from Alleged Movie Streaming Scammers. đ©đȘđȘ
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 Generalâs 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
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 Generalâs 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
1. **Spot ETF Outflow Streak Leaves BTC at Sub-$65,000**:
- US private-sector PMIs on June 21 could impact September Fed rate cut bets. A strong US S&P Global Services PMI could extend BTC-spot ETF outflow streak.
2. #Bitcoin Price Update
- Bitcoin (BTC) has lost 0.25% of its value in the last 24 hours and is currently trading at $65,263.49. It's down by 3.08% from last week.
- Ethereum (ETH), the second most popular token, has gained 0.27% from yesterday and is trading at $3,569.21. Over the previous week, it's up by 2.01%. The market capitalization of Ethereum stands at $436.13 billion
3. **German Governmentâs Bitcoin Transfer and MicroStrategy**:
- MicroStrategy acquired an additional 11,931 BTC, bringing its holdings to 226,331 BTC. Following this move, Bitcoin's price rebounded to $66,000, but FUD from the
#German government's sale of 2,000 BTC may have sent the top digital asset's price back to the $64,000 level.
- US private-sector PMIs on June 21 could impact September Fed rate cut bets. A strong US S&P Global Services PMI could extend BTC-spot ETF outflow streak.
2. #Bitcoin Price Update
- Bitcoin (BTC) has lost 0.25% of its value in the last 24 hours and is currently trading at $65,263.49. It's down by 3.08% from last week.
- Ethereum (ETH), the second most popular token, has gained 0.27% from yesterday and is trading at $3,569.21. Over the previous week, it's up by 2.01%. The market capitalization of Ethereum stands at $436.13 billion
3. **German Governmentâs Bitcoin Transfer and MicroStrategy**:
- MicroStrategy acquired an additional 11,931 BTC, bringing its holdings to 226,331 BTC. Following this move, Bitcoin's price rebounded to $66,000, but FUD from the
#German government's sale of 2,000 BTC may have sent the top digital asset's price back to the $64,000 level.
German Government Retains Over 40K Bitcoins After Partial Sale, On-Chain Data Reveals
The German government still holds over 40,000 Bitcoins after a recent sale, according to on-chain data. Despite selling a portion of its holdings, the German authorities have retained a significant amount of Bitcoin.
This move highlights the government's ongoing involvement in the cryptocurrency market. The sale and retention of such a large amount of Bitcoin reflect strategic financial decisions and the potential for future actions regarding digital assets.
#GermanyLeading #GermanGovt #German  #Write2Earn!  #EarnFreeCrypto2024
The German government still holds over 40,000 Bitcoins after a recent sale, according to on-chain data. Despite selling a portion of its holdings, the German authorities have retained a significant amount of Bitcoin.
This move highlights the government's ongoing involvement in the cryptocurrency market. The sale and retention of such a large amount of Bitcoin reflect strategic financial decisions and the potential for future actions regarding digital assets.
#GermanyLeading #GermanGovt #German  #Write2Earn!  #EarnFreeCrypto2024
Since June 19, the German Government, the #US Government, and #MtGox have transferred a total of 17,788 #BTC ($1.08B).
In particular, the #German Government has transferred #Bitcoin every day since July 1.
They hold 396,210 BTC ($22.78B) currently.
German Government, 41,226 BTC ($2.28B):
U.S. Government, 213,297 BTC ($11.72B):
Mt. Gox, 141,687 BTC ($7.78B):
In particular, the #German Government has transferred #Bitcoin every day since July 1.
They hold 396,210 BTC ($22.78B) currently.
German Government, 41,226 BTC ($2.28B):
U.S. Government, 213,297 BTC ($11.72B):
Mt. Gox, 141,687 BTC ($7.78B):
Remember these guys #German govt. Selling continuously #btc that's why it's happening.
if you held any position be careful stay alert. we can se more dump till 57k to 56.8k approximately.
Risk takers can put SL at entry point and hold long trade.
$BTC #BTC_Bounce_Back_to_57k #Ton_Coin_Surge #SOFR_Spike
if you held any position be careful stay alert. we can se more dump till 57k to 56.8k approximately.
Risk takers can put SL at entry point and hold long trade.
$BTC #BTC_Bounce_Back_to_57k #Ton_Coin_Surge #SOFR_Spike
LIVEUsmanTrader
--
đ©đȘ Update: The German government is ramping up its Bitcoin sell-off by preparing to offload an additional $342 million worth of $BTC .
German Finance Leaders Launch Fully-Insured Crypto Staking
CryptosHeadlines.com - The Leading Crypto Research Network
âBoerse Stuttgart Digital, a branch of the Stuttgart Stock Exchange dedicated to cryptocurrency, will introduce a crypto staking service next year. This service stands out for its strong security measures, including insurance to safeguard usersâ staked assets.â
Ad. Get $50 USDT Reward From CryptosHeadlines. Click Here To Join
Cryptocurrency staking lets users earn rewards or interest on their digital assets by actively participating in blockchain networks.
They are concerned about potential losses from events like hacks or technical issues. To address these concerns, Munich Re Group, a global reinsurance leader, has teamed up with Boerse Stuttgart Digital to create a specialized insurance product that deals with risks in blockchain networks, specifically slashing risks.
Boosting Security and Trust in Crypto and Blockchain
In a press release, the companies stated that this insurance product intends to increase trust among validators, stakeholders, and investors by safeguarding against financial losses from blockchain penalties, ultimately enhancing blockchainâs security and adoption.
Munich Re conducted a comprehensive evaluation before selecting the optimal staking solution, as reported by Boerse Stuttgart. Boerse Stuttgart Digital Custody, managed by blocknox GmbH, will expand its existing custody services to include this new staking option, providing a secure environment for investors.
BTCUSD selling at $26,581 on the weekly chart:Â TradingView.com
In the ever-evolving relationship between digital assets and traditional financial services, a noteworthy trend is emerging: established financial institutions are becoming more proficient in cryptocurrency.
This trend highlights how the previously distinct realms of digital assets and traditional investments are coming together, showing the increasing maturity of the digital asset industry.
Collaboration for Secure Staking Solutions
Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital, shared:
âWe are excited about our strengthened partnership with Munich Re, as it paves the way for offering a highly secure and insured staking solution to institutional investors all over Europe.â
Vins also mentioned that institutional investors are growing more curious about the staking industry and are eager to participate if they feel their investments are secure.
Boerse Stuttgart consolidated all its cryptocurrency activities into the Boerse Stuttgart Digital division earlier this year. It received funding from Axel Springer and SBI Digital Asset Holdings of Singapore, both of which had previously invested.
Additionally, recent announcements include partnerships between HSBC and crypto custody firm Fireblocks, as well as the collaboration between Taurus and Deutsche Bank, Germanyâs largest lender, for digital asset custody and tokenization.
Franklin Templeton, a major asset management firm, is also entering the competition to establish the first bitcoin ETF in the United States.
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bitcoin #CryptoNews #cryptomarket #German #Germany
âBoerse Stuttgart Digital, a branch of the Stuttgart Stock Exchange dedicated to cryptocurrency, will introduce a crypto staking service next year. This service stands out for its strong security measures, including insurance to safeguard usersâ staked assets.â
Ad. Get $50 USDT Reward From CryptosHeadlines. Click Here To Join
Cryptocurrency staking lets users earn rewards or interest on their digital assets by actively participating in blockchain networks.
They are concerned about potential losses from events like hacks or technical issues. To address these concerns, Munich Re Group, a global reinsurance leader, has teamed up with Boerse Stuttgart Digital to create a specialized insurance product that deals with risks in blockchain networks, specifically slashing risks.
Boosting Security and Trust in Crypto and Blockchain
In a press release, the companies stated that this insurance product intends to increase trust among validators, stakeholders, and investors by safeguarding against financial losses from blockchain penalties, ultimately enhancing blockchainâs security and adoption.
Munich Re conducted a comprehensive evaluation before selecting the optimal staking solution, as reported by Boerse Stuttgart. Boerse Stuttgart Digital Custody, managed by blocknox GmbH, will expand its existing custody services to include this new staking option, providing a secure environment for investors.
BTCUSD selling at $26,581 on the weekly chart:Â TradingView.com
In the ever-evolving relationship between digital assets and traditional financial services, a noteworthy trend is emerging: established financial institutions are becoming more proficient in cryptocurrency.
This trend highlights how the previously distinct realms of digital assets and traditional investments are coming together, showing the increasing maturity of the digital asset industry.
Collaboration for Secure Staking Solutions
Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital, shared:
âWe are excited about our strengthened partnership with Munich Re, as it paves the way for offering a highly secure and insured staking solution to institutional investors all over Europe.â
Vins also mentioned that institutional investors are growing more curious about the staking industry and are eager to participate if they feel their investments are secure.
Boerse Stuttgart consolidated all its cryptocurrency activities into the Boerse Stuttgart Digital division earlier this year. It received funding from Axel Springer and SBI Digital Asset Holdings of Singapore, both of which had previously invested.
Additionally, recent announcements include partnerships between HSBC and crypto custody firm Fireblocks, as well as the collaboration between Taurus and Deutsche Bank, Germanyâs largest lender, for digital asset custody and tokenization.
Franklin Templeton, a major asset management firm, is also entering the competition to establish the first bitcoin ETF in the United States.
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bitcoin #CryptoNews #cryptomarket #German #Germany
The German Federal Financial Supervisory Authority (BaFin) has issued a #cryptocurrency custody license to BitGo
To Know Moređ
https://thenewscrypto.com/bitgo-receives-crypto-custody-license-in-germany
#crypto #German
To Know Moređ
https://thenewscrypto.com/bitgo-receives-crypto-custody-license-in-germany
#crypto #German
