Crypto Updates

German Government’s $3 Billion Bitcoin Sale Sparks Controversy

Bitcoin's Lightning Network

Recently, the German government liquidated Bitcoin valued at approximately $3 billion. Between June 19 and July 12, they sold 49,858 BTC tokens for around €2.6 billion ($2.9 billion). This extensive sale was connected to an ongoing criminal investigation and deemed an “emergency” measure. Market Impact and Criticism Despite assurances that the sales were conducted in …

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