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German Lawmaker Joana Cotar Calls 50K Bitcoin Sale By Her Nation A 'Monumental Missed Opportunity,' Says Holding King Crypto As 'Strategic Reserve' Could Reduce US Dollar Dependence
Sunday, July 28, 2024 - 9:30am | 892Read More...The German government kept the cryptocurrency market on tenterhooks with its sale of state-owned Bitcoin (CRYPTO: BTC) in recent weeks. The process culminated earlier this month, with nearly 50,000 BTC, worth $2.89 billion, dumped in the open market. One of the most vocal critics of the entire...
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By Dumping 50K Seized Bitcoins At The Wrong Time, Germany Lost An Amount Worth More Than Bhutan's And Gambia's GDPs Today
Wednesday, July 17, 2024 - 5:01am | 582Read More...After weeks of relentless selling, the German government sold off the final tranche of its Bitcoin (CRYPTO: BTC) holdings last Friday. Interestingly enough, the market unexpectedly rose immediately after. What Happened: Nearly 50,000 Bitcoins recovered from asset seizures were dumped by the...
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Crypto Billionaire Justin Sun Offers To Buy Bitcoin Off-Market From German Government To Minimize Price Impact, Lawmaker Slams Authorities For Selling
Friday, July 5, 2024 - 12:18am | 698Read More...A German lawmaker criticized the government's ongoing selling spree of Bitcoin (CRYPTO: BTC), a move that has put significant downward pressure on the world's largest cryptocurrency. What Happened: Joana Cotar, a member of the German Bundestag, took to X Thursday to label the large-scale selling of...
