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Germany
Germany Dumping $2.8B Bitcoin Is 'Market Intervention,' Despite Murky Legal Justifications
One expert told CoinDesk the law does not provide for an obligation, but merely an opportunity to sell, while another alleged that “How they handled this sell-off moved the market and is intervention in public markets.”
Germany Almost Done Selling Bitcoin, Holding Less Than 5K Tokens After Latest Moves
Thursday was another big day of transfers to exchanges linked to German authorities, blockchain data shows.
It's Not Germany Selling Bitcoin. It's One of Its States and It Has No Choice.
Since confiscating nearly $3 billion worth of bitcoin in January, Germany's state of Saxony has sold over half of its initial holdings, causing distress in the market.
Bitcoin ETF Investors Bought the Dip; France Votes for Hung Parliament
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry as U.S. spot bitcoin ETFs saw $143.1 million in net inflows on Friday after the BTC plunge. Plus, Germany's bitcoin holdings and what the vote for a hung parliament in France means for crypto regulation.
Bitcoin Drops as German Government Unloads Over $900M Worth of BTC
Wallets linked to the German government still hold some 23,788 bitcoin, meaning that it has already sold more than half of its seized assets, according to Arkham Intelligence data.
Germany Still Holds $1.3B Worth of Bitcoin, Blockchain Data Show
Germany has been running down its coin stash since mid-June.
German Government Agency Moves $425M Bitcoin, Some to Crypto Exchanges
Arkham previously identified the address as belonging to the German Federal Criminal Police Office (BKA), which had seized almost 50,000 BTC from a piracy site.
Bitpanda Drafts Deutsche Bank to Process Fiat Transactions in Germany
This is Bitpanda's second major partnership in Germany this year after it was enlisted by LBBW to offer crypto custody services in the country.
Germany's Largest Federal Bank LBBW to Offer Crypto Custody Services With Bitpanda
LBBW will first offer crypto custody to corporate clients with a market launch planned for the second half of 2024.
DWS, Galaxy Digital List Exchange-Traded Commodities Offering BTC, ETH Exposure in Germany
The products, which track the performance of the two largest cryptocurrencies by market value, carry a fee of 0.35% and were listed on the Deutsche Boerse on Thursday.
