The German government recently made headlines by selling off all of its Bitcoin holdings within a span of just two weeks. The sale, which was carried out by the Saxony Central Office for the Protection and Realization of Virtual Currencies, was done in collaboration with Frankfurt Bankhaus Scheich Wertpapierspezialist AG, a German securities trading bank.
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In a recent YouTube video, Joe Burnett, Senior Product Marketing Manager at Unchained Capital, made a bold forecast regarding Bitcoin’s valuation, suggesting it could reach $750,000. Burnett argues that many market analysts are failing to recognize Bitcoin’s true potential in the current cycle because they are not considering its evolving market context. Instead of just
OKX, a prominent crypto exchange, has made a strategic decision to select Malta as its Market in Crypto-Assets (MiCA) hub. This move aims to cater to the 450 million residents of the European Union by offering compliant services that align with local regulations. By establishing a presence in Malta, OKX seeks to enhance the deposit
Recently, Ethereum made another attempt to clear the $3,500 resistance zone, but ultimately failed to do so. As a result, the price started a downside correction, similar to Bitcoin, and dropped below key levels such as $3,450 and $3,420. The price even tested as low as $3,375 before forming a consolidation pattern. Currently, Ethereum is
Aayush Jindal is a prominent figure in the financial markets, with an impressive track record spanning over 15 years in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert has earned him a global following, as investors seek his valuable insights and astute chart analysis to navigate the complexities of
Aayush Jindal is a prominent figure in the realm of financial markets, with an impressive portfolio that spans over 15 years in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert is well-deserved, as he guides investors worldwide with his insightful technical analysis and astute chart interpretations. From a young
Bitcoin price faced a significant hurdle at the $66,000 resistance level, where it struggled to extend its gains. However, it managed to hold above the $63,500 zone, indicating a period of consolidation in the market. There is a key bullish trend line forming with support at $64,000 on the hourly chart of the BTC/USD pair,
Bitcoin developer Samson Mow has been vocal about his belief that BTC will eventually hit $1 million. He recently reiterated this stance, confidently stating that Bitcoin will reach this extraordinary price point within the next year. His reasoning behind this bold prediction stems from the concept that Bitcoin’s demand is surpassing its supply, along with
Recently, cryptocurrency exchange OKX announced that it will no longer be offering its services to Nigerian clients due to local regulatory concerns. Users were notified that they have until August 16 to close their positions on the platform. This decision has caused uncertainty and frustration among Nigerian crypto users, as they are now limited to
XRP, the altcoin that has been a topic of much debate and speculation in the cryptocurrency world, is currently experiencing a surge in the wider market. This surge is not just a random occurrence, but it is partly due to the increased activity of XRP whales. These large holders of XRP tokens have been making