Germany intensifies Bitcoin sell-off before 5% rebound in market rally

Oluwapelumi Adejumo

The German government is intensifying its divestment of Bitcoin seized from a movie piracy website, adding selling pressure to an already jittery market. According to Arkham Intelligence data, the government transferred 900 BTC, valued at over $54 million, in three transactions on June 25. Of these, 200 BTC were moved to the Coinbase exchange, another […]

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Germany intensifies Bitcoin sell-off before 5% rebound in market rally