The #German Government (BKA) is now out of Bitcoin.

The German Government just sent 3846.05 #BTC ($223.81M) to Flow Traders and 139Po (likely institutional deposit/OTC service).

The German Government has 0 $BTC

ALTCOIN DOMINANCE MAY STILL DECLINE 👀

Coins could still face further downturns, potentially leading to a market bloodbath.

Here's what you need to know:

• Historically, major pumps can occur 200+ days after the halving
• We're currently 100+ days in, and many coins may still create lower lows
• A potential recovery could emerge from October to November, extending into 2025 where the real altcoin season could occur, with #Bitcoin potentially breaking its previous all-time high

As an investor consider these strategies:

• DCA the dip, but don't overcommit
• HODL and wait. Avoid checking your portfolio

Be prepared by saving enough money to buy or DCA during dips.

Don't miss this cycle's potential where you can get a lot of money!
$BTC $BLUR $ADA

BREAKING: The German Federal Criminal Police (Saxony) is running out of #Bitcoin 🚨

9.094 $BTC LEFT!

Let's add more context:

According to Coindesk, First, it's not Germany itself that is selling #BTC - It is a small state in the eastern part of the country called Saxony.

Second, though crypto fans have roasted the decision to dump so much of their beloved bitcoin, Saxony doesn't have a choice.

Earlier this year, the state's Criminal Police Office (known by its German acronym LKA) seized 49,857 bitcoin (worth almost $3 billion at current prices) from the operator of #Movie2k , a website Saxony found guilty of money laundering and other illegal activities.

About a week ago, a crypto wallet that belongs to the German Federal Criminal Police Office, or BKA, started moving thousands of BTC to exchanges including Kraken, Coinbase and Bitstamp, signaling an intent to sell them.

PS: Maybe they just hodling as colateral !
WHAT DO YOU THINK ?ñ?
Leave a comment with your thoughts !

#AI & #GPU IS A POWERFUL NARRATIVE!

In 2024:

#NVIDIA is up 183%
While #Bitcoin is just up 40% despite retracing.
$BTC $ETH $BNB

Germany is almost done dumping their #bitcoin !   

Up only once they're done?
$BTC

X has obtained Money Transmitter Licenses for payment services in 31 states:

• New Hampshire
• South Carolina
• North Carolina
• South Dakota
• Rhode Island
• Pennsylvania
• West Virginia
• Connecticut
• New Mexico
• Mississippi
• Tennessee
• Louisiana
• Maryland
• Nebraska
• Kentucky
• Wyoming
• Arkansas
• Colorado
• Michigan
• Missouri
• Georgia
• Nevada
• Arizona
• Virginia
• Kansas
• Oregon
• Florida
• Illinois
• Utah
• Iowa
• Ohio
$BTC
$ETH
$BNB

The German Government lost its “#Bitcoin billionaire” status today.

In the past hour, they have sent another 2000 BTC ($117.3M) to Coinbase, Kraken and 139Po.

They now have 13,360 $BTC ($784.96M) remaining - that’s 26.8% of the Bitcoin originally seized from #Movie2k .

ALTCOIN SEASON COULD HAPPEN IN Q4 2024 TO 2025? 🤔

#Bitcoin    dominance is still rising, and altcoin dominance could dump.

If we follow what happened in the previous price action of BTC.D:

2016: 243 days after the halving, altcoin season happened when BTC    dominance dumped 63%

2020: 245 days after the halving, BTC    dominance dumped 47%, and alts had a mega rally!

2024: 90+ days since the last halving, we're far from the historic potential BTC dominance dump!

Tags: $SOL $ORDI #HBAR #PEPE #ARB $JUP #RON #ONDO

#ETH - Previous support did not hold and we broke down. Diagonal also broke down. This is arguably the strongest support so if that breaks it'll be much harder to paint an optimistic picture.
$ETH $BTC $SOL

TOP 3 CRYPTO PERFORMERS YEAR-TO-DATE 👇

1. #DogWifHat $WIF
2. #Pepecoin $PEPE
3. #FlokiCoin $FLOKI

So all of them are memecoins 👀

We're waiting for a huge comeback from utility tokens!

Statistically, this is the time to buy!

Liquidation events in bull markets: Price goes up.
Liquidation events in bear markets: Price goes down.

We are in a bull market !!!$BTC $ETH $AVAX

BIGGEST ETH #GAMING TOKEN #UNLOCKS 🔓 FOR JULY:

$XAI
$IMX
$PIXEL
$AXS
$APE

BREAKING: 🇦🇺 Australia's largest stock exchange, #ASX , approves its second spot #Bitcoin #ETF .

BULLISH!
$BTC $ETH $SOL

Top Gainers & Losers for July 8th
$BTC $ETH $SOL

🚨 The German Government is jeeting their #Bitcoin again!

They sent another 5200 $BTC ($297.3M) to #Kraken , #Bitstamp , #Coinbase and #139Po

Source: #ArkhamIntel

$BTC $ETH $USDT

On-chain data confirms this is the second-largest liquidation event in #Bitcoin's entire history, right after the #FTX collapse in November 2022.

This comes amidst news that #Germany is selling $3.2B worth of seized $BTC , and #Mt.Gox begins paying back $8.5B to creditors, with the majority expected to be sold.

P.S. At least someone is happy : Mt.Gox clients!👍

Advice: Stay calm and be patient !!!
$BTC $BNB $USDC

Hello binanciens!
#Mt.Gox Redemptions have started repaying customers with their #Bitcoin    after over a decade! Immediately after this begun, on-chain data showed a hefty increase in selling volume from these wallets.

No Bitcoiner will say this out loud, but the majority of the $8.2 Billion in BTC that is set to be distributed back to ex-clients are going to be sold off.

I understand this is controversial, but based on the current low demand volume, this will easily send BTC back into a harsh bear market.

Don't worry too much, will be fine after this episode !

P.S. : Be happy for #Mt.Gox clients, they need to celebrate this moment waited for many years ☺️
$BTC $ETH $SOL

On today's Top Picks:

🔜 Ethereum ETF issuers to resubmit S-1 forms by July 8th.
⚡ Linea launches Culture SZN Campaign on Layer3.
🪂 Kinto launches $K Airdrop claim.
🐾 Roaring Kitty discloses stake in Chewy $CHWY.

Crypto News

• ⭐️ Sony acquires Amber Japan (Whalefin), to launch crypto exchange in Japan.

• ⭐️ US SEC returns S-1 forms to Ethereum ETF issuers with few comments, to resubmit by July 8th.

• Circle acquires EMI license to issue $EURC & $USDC in the EU in compliance with MiCA.

• German Government transfers out 1500 Bitcoin $BTC (~$95M), still holds 44692 Bitcoin.

• Gemini signs 5-year sponsorship deal with Real Bedford football club.

Alpha

• ⭐️ Linea launches Culture SZN Campaign on Layer3.

• Union launches Farming Volume 1 Quest on Metaverse.

• Pirate Nation launches Season 2 BOOTY Points.

• ICYMI Weekly Crypto Update by Lightning X Drop.

Airdrops

• ZERϴ Network Testnet by Earndrop.

• ⭐️ Kinto launches $K Airdrop claim until August 15th.

• Exchange Art launches $ART Airdrop eligibilty & allocation checker.

• Six Free Airdrops by Aram Z.

• ICYMI Weekly Claims & News by Earndrop.

Finance News

• Coinbase selected by US Marshals Service to safeguard & trade its digital assets.

• ⭐️ Roaring Kitty (Keith Gill) discloses 6.6% stake in Chewy $CHWY.

• Metaplanet buys 20.2 Bitcoin $BTC (~$1M) as part of $6M strategy to boost Bitcoin holdings.

• Silvergate Bank pays $63M to settle charges with US SEC.

• BlackRock $BLK to acquire UK data group Preqin for $3.2B.

• Boeing $BA to buy Spirit AeroSystems $SPR for $4.7B all-stock deal.

Security and Exploits

• SlowMist releases 2024 Mid-Year Blockchain Security & AML Report.

• Deepfakes Crypto Crime projected to exceed $25B this year.

• Transparent Tribe targets Android users with CapraRAT spyware disguised as popular apps.

• Mac Stealer “Poseidon” spreads via malicious Google ads for Arc web browser.

Token Unlocks

• Galxe / 3M $GAL / ~$6.7M / JUL 05
• Hashflow / 13.62M $HFT / ~$2.9M / JUL 07

Hello binanciens

#Chromia confirmed the Mainnet launch on July 16

Chromia will also bridge its native token #CHR on its Mainnet to facilitate the staking delegation process, network hosting fee payments, and other core network functions.
Chromia is a Layer 1 blockchain platform.
$CHR