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Coinbase Report: Crypto Market Shook by German BTC Sales; Recovery Expected by September Despite US Economic Slowdown

12.7.2024
The third quarter of 2024 has been tumultuous for the crypto market, with significant selling pressures and regulatory uncertainties affecting bitcoin and other digital assets. Coinbase Institutional reports that indiscriminate selling by the German government and the Mt Gox Rehabilitation Trust...

German gov’t Bitcoin wallet drops to 5,800 BTC after major sale

12.7.2024
With 5,800 Bitcoin remaining, the German government has sold 88.4% of its original 50,000 BTC

Germany's Bitcoin wallet drops to 5,800 BTC after major sale

12.7.2024
With 5,800 Bitcoin remaining, the German government has successfully sold 88.4% of the original 50,000

Bullish Drivers Remain In Play Despite Germany's Bitcoin Sales and Mt. Gox Reimbursements

9.7.2024
Macro factors and persistent "risk-on" in traditional markets suggest a promising outlook after BTC-specific supply overhangs run dry

Bitcoin Climbs Over $57K, With Some Saying Mt. Gox Sales Already ‘Priced In’

8.7.2024
Markets have priced in Mt. Gox’s ongoing repayments and U.S. policies could now start influencing the market, one trading desk said

NFT Sales Rise 8% Higher Amid Broader Crypto Market Downturn

6.7.2024
Over the past week, non-fungible token (NFT) sales have increased despite the significant decline in the broader crypto market. Approximately $109 million in NFT sales were recorded, marking an 8.1% rise from the previous week. NFT Transactions Surge 45.57% as Weekly Sales Hit $109M NFT sales...

Bitcoin sales by gov'ts just 4% of $225B bull market inflows — Analyst

6.7.2024
BTC selling volumes generated by nation states are a drop in the ocean this bull market, argues CryptoQuant's Ki Young Ju

German MP Criticizes Bitcoin Sales, Urges Government to Hold BTC as Reserve Asset

5.7.2024
A German parliament member, Joana Cotar, has criticized the government’s decision to sell seized bitcoin on a large scale, advocating for the cryptocurrency’s use as a strategic reserve. She invited key political figures, including Chancellor Olaf Scholz, to a lecture...

When Do Secondary Token Sales Violate Howey?

4.7.2024
A federal judge overseeing the U.S. Securities and Exchange Commission's case against Binance ruled that most of the case can proceed, but dismissed charges tied to the sale of BUSD and secondary sales of BNB

Anticipated launch of BlockDAG’s X1 Miner App boosts miners’ sales to $3.5M! Solana surges & Ethereum sets new price targets

4.7.2024
As the cryptocurrency landscape experiences transformative shifts, BlockDAG comes forth as a key player poised to lead the industry. With the launch of the innovative X1 Miner App on the horizon, BlockDAG is set to capitalize on the momentum generated by the robust presale, which has accumulated...

NFT sales down 44%, Logan Paul sues Coffeezilla: Nifty Newsletter

3.7.2024
Logan Paul claims YouTuber Stephen Findeisen, also known as Coffeezilla, “maliciously and repeatedly” made false statements about his NFT project CryptoZoo

SEC charges Consensys Software for unregistered securities sales

2.7.2024
The SEC has charged Consensys Software Inc. with engaging in unregistered securities offerings and sales via MetaMask Staking. Additionally, the platform faces charges for operating as an unregistered broker through MetaMask Staking and MetaMask Swaps. The SEC has filed a complaint alleging that...

Cryptos, secondary BNB sales not securities: Federal court rules in Binance vs SEC case

2.7.2024
In a major win for the crypto industry, a federal court ruled that crypto tokens are not securities

NFT Sales Take a Hit — Last Month’s Sales Dropped 46% Compared to May

1.7.2024
Although non-fungible token (NFT) markets showed improved performance over the past week, June’s sales figures were significantly worse compared to May. Over the last 30 days, NFT sales have decreased by 46.31%. June’s NFT Market Faces Steep Decline June proved to be challenging...

NFT sales fell 44% as crypto dipped, memecoins steal ‘mind share’ in Q2

1.7.2024
Several PolitiFi and animal-themed memecoins continued to soar in the second quarter despite the broader market downfall, which NFTs were a part of

Court Dismisses SEC Claim on Secondary Sales of BNB

30.6.2024
The U.S. District Court for the District of Columbia has dismissed several claims in the U.S. Securities and Exchange Commission (SEC)’s case against Binance and its affiliates. This includes allegations related to secondary BNB sales and the sale of the stablecoin BUSD. However,...

NFT Sales Defy Crypto Market Downturn, Rising 4.52% This Week

29.6.2024
Despite a general decline in cryptocurrency markets this week, non-fungible token (NFT) sales rose by 4.52% compared to the previous week. NFT sales totaled approximately $101,467,710 over the past seven days, with Ethereum-based digital collectibles dominating the market. NFT Landscape Shifts This...