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Germany's Bitcoin Sell-Off Shocks the Market (but it's almost over) while Trump Set to Speak at Bitcoin Conference

What does it all mean for the Market?

Author

Hunter Hodge
July 12, 2024 • Read Time: 8 minutes

Germany is shaking up the crypto market, and in a big way.

With a rapid sell-off that has dwindled their Bitcoin reserves from a staggering 50,000 BTC to just 4,925 BTC, it's no surprise Bitcoin’s price has taken an 18% hit over the past month.

Is this the end of Germany's crypto clearance sale? Let's dive in!

  • Germany nears the end of its BTC liquidation with only 4,925 Bitcoin left, causing significant market impact. — Read More

  • Trump will speak at a major crypto conference in Nashville, Tennessee this month. — Read More

  • CFTC Chair Behnam confirmed Bitcoin and Ethereum as commodities before the Senate. — Read More

  • 🚨 Hack Alert: Avoid these 120 DeFi protocols at risk due to a suspected Squarespace DNS hijacking attack, posing a significant threat to the security of decentralized applications. — Read More

  • Coinbase announces new “one-stop-shop” web app for managing all things crypto, NFTs, and DeFi positions in one platform. — Read More

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