Germany Sells its Remaining Bitcoin Holdings
Germany has been actively moving a large amount of Bitcoin to various exchanges and market makers in the past few days, in an apparent attempt to sell the crypto that it seized in January.
Germany has been actively moving a large amount of Bitcoin to various exchanges and market makers in the past few days, in an apparent attempt to sell the crypto that it seized in January.
On Thursday, the United States witnessed a net daily inflow of $78.93 million in spot bitcoin exchange-traded funds (ETFs), continuing a positive trend for the fifth consecutive day.
Bernstein analysts have given an outperform rating to Core Scientific and IREN, two companies that combine Bitcoin mining and AI data center strategies.
On July 7, the average fees for processing Bitcoin transactions reached their lowest point in four years, with a reported value of $38.69.
Canadian Bitcoin mining company Hut 8 has recently announced a power purchase agreement for a site in West Texas that provides 205 megawatts of available power.
DigitalX, a blockchain-focused asset management firm, has received regulatory approval to launch a spot Bitcoin exchange-traded fund (ETF) on the Australian Securities Exchange (ASX).
Digital asset investment products have received a total of $441 million in inflows as a result of the recent sell-off by Mt. Gox and the German government.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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