2024

Bitcoin

Arkham

Coin

<ul class="news-points">
 <li>The German government’s Bitcoin holdings spiked by 9,000% in one day.</li>
 <li>Bitcoiners trolled the government after it sold all Bitcoins in its wallet.</li>
 <li>Bitcoin has climbed above $60K in a recovery move.</li>
</ul>
The German government’s <a href="https://coinedition.com/germany-sells-bitcoin-but-institutional-investors-pile-into-bitcoin-etfs/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin holdings</a> spiked by 9,000% in one day following multiple donations by crypto community members. The donations followed the conclusion of the Bitcoin government’s selloff exercise in compliance with standard practice for confiscated assets.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 The German Government’s Bitcoin holdings have increased by 9000% in a day. Various Bitcoiners have donated a total of $171.92 to the German Government’s Bitcoin address, increasing their balance by 90x since yesterday ($1.87). The German Government currently holds 0.003 BTC… <a href="https://t.co/rD1R0sQQib" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/rD1R0sQQib</a>— Arkham (@ArkhamIntel) <a href="https://twitter.com/ArkhamIntel/status/1812149875150368927?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 13, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
Although several Bitcoiners donated to the Bitcoin wallet linked to the German government, the donations amounted to a mere $171.92. The Bitcoin community members embarked on the donations as a troll to the government after a protracted selloff that mounted significant bearish pressure on Bitcoin since the beginning of June.
The selloff ended last F…
The post <a href="https://coinedition.com/german-governments-btc-holding-spikes-9000-in-one-day/" rel="noopener noreferrer nofollow">German Government’s BTC Holding Spikes 9,000% in One Day</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

German Government’s BTC Holding Spikes 9,000% in One Day

Coin Edition

在 2024年7月14日發表的其他文章

Smooth and Easy NFT Distribution for New Users

XRP Gains Momentum: Predictions Point to Substantial Growth

Trump reportedly ‘in good spirits,’ will still attend Nashville BTC conference

Ethereum Seen Hitting $5,000 as German Bitcoin Sell-off Shakes Market

Polkadot on the brink of a rally? Price chart suggests 84% upswing!

XRP climbs to $0.53 in market’s best weekly performance – What’s next?

訂閱免費電子報，每天收取加密貨幣最新動態！