
German Government Moves $344M in Bitcoin to CEX and OTC Desks
Analytics platform Spot On Chain earlier speculated about a potential shift towards OTC sales for the German government’s Bitcoin dump.
Analytics platform Spot On Chain earlier speculated about a potential shift towards OTC sales for the German government’s Bitcoin dump.
The recent transfers represent a deliberate attempt by the exploiter to launder the stolen funds.
Although an official CBDC pilot or issuance date remains unconfirmed, there are indications of a possible trial run later this year.
Analysts says Bitcoin data centers are perfect for retrofitting due to their high power density racks, cooling infrastructure, and general data center operating capabilities.
With a circulating supply of almost 41 million, the coin now has a market cap of $27,220,357 after it registered a 64.84% surge.
This integration broadens the accessibility of Fan Tokens on Chiliz, allowing global sports enthusiasts to engage more seamlessly with their favorite teams.
The exchange recently stated that after a thorough review, it has decided to delist MDX, ceasing MDX/USDT spot trading pair on July 22.
Microsoft sent a letter to OpenAI announcing its withdrawal from the board. This comes as Microsoft faces regulatory scrutiny on its growing involvement with OpenAI.
The partnership with AMINA comes a few days after CPICIMHK upgraded its operational licenses authorized by the Securities and Futures Commission of Hong Kong (SFC).
The ongoing legal battle between the SEC and Binance is part of the larger government effort to more closely regulate the crypto industry, which has continued to grow steadily.
Despite the recent price increase, TIA is still down 65% from its all-time high of $20.91 reached in February.
The Ethereum whale has just made a notable withdrawal of 16,449 ETH, approximately $50.3 million, from the Binance crypto exchange.
The German government continued with its Bitcoin sell-offs but US spot BTC ETF investors and whales accelerated the accumulation pace.
The influx of capital into spot Bitcoin ETFs seemingly coincided with a positive price movement for the underlying asset. Bitcoin rose 2.70% in the past 24 hours.
Byun has been consulting SBI Digital Markets since 2023, so his association with the company is not new.