#MarketVolatility
German Government’s Bitcoin Holdings Plunge to 5,800 BTC After Major Sales
The German government has drastically reduced its Bitcoin holdings, with the current balance standing at 5,800 BTC after selling 88.4% of its original 50,000 BTC. On July 12, the German government resumed the sale of its Bitcoin assets. This move followed the return of some previously transferred BTC to the government’s Bitcoin wallet. According to…
Impending Expiry of $15B in Bitcoin and Ethereum Options Sparks Market Interest
As we approach the end of the quarter, the crypto market braces for a significant event with $15 billion in Bitcoin and Ethereum options poised to expire this Friday, March 29th. Deribit, a premier options trading platform, is at the forefront, with plans to close out Bitcoin options contracts valued at $9.5 billion, alongside Ethereum…
Ethereum Bulls Charge Forward Amid $1 Billion Liquidations and SEC’s ETH ETF Delay
Ethereum enthusiasts witness a surge in bullish sentiments despite significant hurdles in institutional investment and notable market volatility on March 6. An analysis of market trends sheds light on what this display of confidence among speculative traders could imply for Ethereum’s ongoing price rally in the near term. Ethereum Price Rebounds to $3,900 Amidst Adverse…
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