Tag Archives: Bitcoin News

The German governmental agency Federal Criminal Police Office/Bundeskriminalamt (BKA) has moved all its bitcoin holdings, concluding numerous transactions that added selling pressure on the asset. Arkham Intelligence reveals that the BKA-labelled wallet presently holds 0 bitcoins. Arkham’s X account notified users about its final transaction, “The German Government just sent 3846.05 BTC ($223.81M) to Flow Traders and 139Po (likely institutional deposit/OTC service).” It held 50,000 bitcoins...

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Commodity Futures Trading Commission (CFTC) Chairman Rostin Benham noted that bitcoin and Ether are commodities and should fall under the purview of his agency. He spoke about the two top crypto assets in a hearing with the Senate Committee on Agriculture, Nutrition, and Forestry on July 9. He cited a recent case brought by his organization against an Oregon fraudster who used crypto to scam people, in which the judge claimed bitcoin and Ether were commodities. This ruling provided in an...

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The German Federal Criminal Office, or Bundeskriminalamt (BKA), moved another $362 million in bitcoin on July 9, leaving it with $1.3 billion worth of assets, which it will most likely liquidate until the last Satoshi. Arkham Intelligence brought attention to BKA’s wallet activity, posting on X, “TODAY: German Government selling up to 6306.9 BTC ($362.12M).” It added, “In the past 3 hours, the German Government has sent 6306.9 BTC ($362.12M) to Kraken, Cumberland, 139Po (likely institutional...

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Crypto prices have fallen across the board over the past month, pushing investors away and spurring large amounts of liquidations in the process. However, bitcoin’s price dropping to lows unwitnessed for months has led certain investors to take advantage of its discounted price and the prices of other cryptos, leading to $441 million flowing into crypto-related products. Bitcoin products saw $398 million in inflows, capturing 90% of the funds invested in crypto products. US spot BTC ETFs...

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