Bitcoin lobby warns UK not to follow Germany in selling 61,000 Bitcoins
Bitcoin Policy advises the UK to keep its 61,000 bitcoins, citing global crypto support and potential strategic benefits, while advocating for pro-crypto policy shifts.
EdmundBitcoin Policy advises the UK to keep its 61,000 bitcoins, citing global crypto support and potential strategic benefits, while advocating for pro-crypto policy shifts.
EdmundGermany’s recent Bitcoin sales, conducted mostly via OTC transactions, are defended as non-impactful to market prices, with ongoing Mt. Gox repayments presenting a larger potential risk.
ZeZhengBTC, Market, Germany, The German government's selling caused the BTC plunge: FUD may be the main reason? Golden Finance, Is the German government's selling behavior really the fuse for the BTC decline?
JinseFinanceA cryptocurrency wallet labeled “German Government (BKA)” has sold another $900 million worth of Bitcoin, raising concerns that the associated selling pressure will push BTC prices lower.
JinseFinanceGermany, BTC, United States, Why is it not a big deal for the US and German governments to sell BTC? Golden Finance, From a big picture perspective, the amount of selling is actually not that big.
JinseFinanceBundestag member Joana Cotar strongly criticized the German government’s recent decision to sell off its massive BTC holdings.
JinseFinanceCritics believe that such large-scale liquidations by the government could have long-term negative effects on the stability of the Crypto asset market.
JinseFinanceThe governments of Germany and the United States have made strategic moves to transfer large amounts of Bitcoin and Ethereum, attracting market attention.
JinseFinanceU.S. authorities accuse German entrepreneur Horst Jicha of orchestrating a crypto pyramid scheme, defrauding investors of $150 million.
MiyukiThe new German coalition aims to adapt the "European Financial Market Supervision Act" to crypto assets and businesses.
Cointelegraph