
Tags: Germany
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Several countries are actively discussing Bitcoin’s potential as a national reserve asset.
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Bitpanda may go public in Frankfurt at a $4 billion valuation. The company has tapped Citigroup and JP Morgan to guide its decision.
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Authorities have obtained servers containing IP addresses of the criminals and are on the hunt for them.
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Regulators seized 13 machines operating without permits, citing risks of money laundering and regulatory non-compliance.
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Germany has relinquished all Bitcoin to its name, and Bitcoin Twitter is mocking the government for its decision.
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At the current pace, Germany could complete the sell-off soon, having unloaded around 35,000 BTC this week alone.
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Monday marks Germany’s largest single day for Bitcoin sales, going by on-chain data.
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Cotar criticized the German government for selling Bitcoin, contrasting it with the US considering Bitcoin as a strategic reserve currency.
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Tron Founder Justin Sun wants to buy Germany’s BTC holdings off-market.
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Bitcoin prices have plunged precipitously over the past few hours as the German government appears to be preparing to offload more of the asset.
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Germany ranks fourth in terms of state-held Bitcoin reserves.
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The German government continued to move confiscated BTC to several prominent crypto exchanges.
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Bitpanda said that partnering with established players in traditional financial services is a strategic goal throughout 2024.
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LBBW’s crypto custody offering is expected to launch in the second half of 2024.
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Bitcoin remains dominant in investors’ portfolios (91%), followed by Ethereum (78%), reflecting strong asset preferences.
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The wave of banking institutions entering the Bitcoin landscape continues.
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Police don’t yet know what to do with their record-breaking confiscation.
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