Category: Bitcoin News
Mt. Gox Transfers Billions, Causing BTC Price to Slump by 3%
The defunct exchange Mt. Gox transferred massive amounts of BTC to its internal wallets and an unknown wallet, forcing BTC’s price to drop below $63,000…
Whales Bought the Highest Amount of Bitcoin in Thirty Days Since April 2023
Bitcoin whales accumulated around $4.3 billion over the past thirty days, buying the dip as the asset hit its lowest numbers in the past few…
US Spot BTC ETFs Recorded Largest Inflows This Week
US Spot BTC ETFs observed the largest net inflows this week on Friday, recording $310.21 million, according to SoSo Value data. It also marks the…
German Government Offloads the Last of Its Bitcoin Holdings
The German governmental agency Federal Criminal Police Office/Bundeskriminalamt (BKA) has moved all its bitcoin holdings, concluding numerous transactions that added selling pressure on the asset.…
CFTC Chairman Reiterates That Bitcoin and Ether Are Commodities
Commodity Futures Trading Commission (CFTC) Chairman Rostin Benham noted that bitcoin and Ether are commodities and should fall under the purview of his agency. He…
German Government Entity Transfers Another $362 Million in Bitcoin
The German Federal Criminal Office, or Bundeskriminalamt (BKA), moved another $362 million in bitcoin on July 9, leaving it with $1.3 billion worth of assets,…
Digital Asset Products Record $441 Million in Inflows, US Spot Bitcoin ETFs See Close to $300 Million
Crypto prices have fallen across the board over the past month, pushing investors away and spurring large amounts of liquidations in the process. However, bitcoin’s…
German MP Wants Government to Stop Selling Its Bitcoin Stash
Joana Cotar, a German member of parliament and Bitcoin activist, urged the government to stop offloading its bitcoin stash. Its continued selling has affected the…
Mt. Gox Kicks Off Repayment Process
The much-awaited Mt. Gox repayment process has begun, with the defunct exchange’s bankruptcy estate moving 47,282 bitcoins, with 140,000 pledged to satisfy creditors. That transaction…
