This Week in Coins: Crypto Comeback as SEC Retreats and Germany Runs Out of Bitcoin
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Bitcoin
Bitcoin fails to break above $60k despite CPI report as Poodlana presale commences in five days
Key takeaways BTC rallied past the $59k mark on Thursday but has since retraced as the market failed to capitalise...
The German Government Has Run Out Of Bitcoin
Germany’s on-chain Bitcoin wallet balance has officially reached zero, according to Arkham Intelligence, meaning sell pressure from the European economic...
Northern Data saw revenue drop to €77.5 million, mined 2,298 BTC in 2023
Northern Data Group reported a net revenue of €77.5 million for the 2023 fiscal year, down from €193.3 million in...
Here’s A Look Inside Germany’s Billion-Dollar Bitcoin Holdings And Why It Has Been Selling
For a while now, the German government has been reported to be offloading its Bitcoin holdings, thereby adding significant selling...
CFTC Chair Reaffirms Bitcoin and Ethereum as Commodities in Senate Testimony
TLDR CFTC Chair Rostin Behnam reiterated to the U.S. Senate that Bitcoin and Ethereum are commodities. A recent Illinois court...
US Inflation Eases With 0.1% Drop in June; Biden Faces Gas Reserve Accusations
The U.S. consumer price index (CPI) fell by 0.1% in June. The decline, primarily due to reduced gasoline prices, brought...
Market Dives Before Key US Data
All eyes are on the upcoming announcement of the US Consumer Price Index (CPI) data for June as the crypto...
Dubai Border Protection Agency Launches Blockchain Platform to Boost Efficiency
Dubai’s border protection agency announced the launch of a secure and efficient blockchain network, which is expected to improve efficiency...
Could Poodlana become the next big meme coin?
Cryptocurrency prices have retreated sharply in the past few weeks. Bitcoin has crashed below $60,000 and formed a double-top pattern....
