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.
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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.
Germany’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.
Although the German government’s selling action had some impact, it was not the main reason for the recent drop in Bitcoin prices (at least not the direct reason).
NYDIG’s Greg Cipolaro said recent blockchain moves have stoked “irrational” fears, providing investors with a buying opportunity.
Germany, 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.
German authorities seize 50,000 Bitcoin in a landmark operation against digital crime, marking a historic moment in cryptocurrency law enforcement.
In a potentially groundbreaking move, German lawmaker Joana Cotar is leading an initiative to designate Bitcoin (BTC/USD) as legal tender in Germany.
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The Bitcoin market has been extremely volatile and leaning towards dips that left many traders and investors on panic mode. ...