German Government Transfers $94M in Bitcoin to Exchanges

German Government Transfers $94M in Bitcoin to Exchanges The German government’s disengagement from cryptocurrencies is progressing rapidly. A recent transfer of Bitcoin to centralized exchanges has raised alarms among users, suggesting a potential sell-off. This latest move amounted to $94 million. The transfer included approximately ₿1500, distributed among wallets on Kraken, Coinbase, and Bitstamp exchanges.…

By Andrej Kovacevic 2nd July 2024

$1 Billion in Bitcoin Just Moved from Coinbase — Are Whales Making Massive Purchases?

A significant Bitcoin whale has just transferred $1.06 billion worth of Bitcoin from its Coinbase account. The notable transaction occurred as the price of the leading digital currency fell below $67k recently, marking a -4.31% change over the past day. According to data from on-chain analysts, the whale moved the BTC in two large batches…

By Andrej Kovacevic 12th June 2024

Coinbase Enhances User Experience with Lightning Network Integration

Coinbase, the largest U.S. cryptocurrency exchange by trading volume, announced today that it is rolling out support for the Lightning Network. This integration offers a faster and more cost-effective method for its users to send, receive, or pay with bitcoin directly from their accounts. Previously, bitcoin transactions on Coinbase were processed on-chain, meaning they could…

By Andrej Kovacevic 1st May 2024

Bitcoin’s Rally Ignites Crypto Market, Elevating Key Stocks

Bitcoin’s resurgence is painting the crypto landscape in bullish hues, propelling its value towards the $72,000 mark, a feat observed after a period of stagnant trading. Current insights from CoinMarketCap reveal that Bitcoin, the titan of cryptocurrencies, is inching closer to surpassing its March peak of $73,737 by approximately 3.4%, heralding an optimistic outlook for…

By Andrej Kovacevic 9th April 2024

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