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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...
Exchange Bitcoin Reserves Fall Sharply This Week, Reaching $4B Outflow
12.7.2024
According to data from the past 40 days, the San Francisco crypto exchange and custody service Coinbase has experienced withdrawals totaling 12,585 BTC since June 1. Meanwhile, Binance has reported inflows of approximately 30,082 BTC during the same period. Despite these shifts, centralized...
Genesis Trading-labelled address moves $720M BTC to Coinbase, pointing to the start of asset liquidations
12.7.2024
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York
Genesis Trading-labelled address moves $720M BTC to Coinbase, pointing to the start of asset liquidations
12.7.2024
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York
Genesis-labelled address moves $720M BTC to Coinbase, pointing to start of asset liquidations
12.7.2024
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York
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
Germany has 9K Bitcoin left just 3 weeks after it started selling
12.7.2024
Germany’s Bitcoin stack briefly dipped below 5,000 BTC after sending a mass of funds to Coinbase, Bitstamp, and Kraken but has since moved some back
Germany has 9K Bitcoin left just 3 weeks after it started selling
12.7.2024
Germany’s Bitcoin stack briefly dipped below 5,000 BTC after a large amount of funds was sent to Coinbase, Bitstamp and Kraken, but it has since moved some back
Judge has ‘strong views’ about Coinbase inquiry into Gensler’s private msgs
11.7.2024
Judge Katherine Polk Failla said she would hear from SEC and Coinbase lawyers on July 15 whether SEC Chair Gary Gensler’s private communications on crypto were fair game
Judge Sends Coinbase Back to the Drawing Board Over Efforts to Subpoena SEC’s Gary Gensler
11.7.2024
A federal judge encouraged Coinbase to drop – or at least substantially modify – its efforts to subpoena U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler’s personal communications during a hearing Thursday
From 50,000 to 4,925 BTC: Germany’s Bitcoin Sell-off Continues
11.7.2024
Germany now holds fewer than 5,000 bitcoin following its recent divestment on Thursday. Since 9 a.m. EDT that day, wallets operated by the German government transferred 5,000 BTC, reducing its holdings to 4,925 BTC. Germany’s Bitcoin Reserves Drop Below 5,000 As of 1 p.m. EDT on Thursday...
Coinbase Launches New Wallet Web App to Streamline Onchain Activity
11.7.2024
San Francisco crypto firm Coinbase has introduced a new web application for its wallet, designed to provide users with a unified platform for managing onchain assets. The application aims to simplify the experience for users by offering a comprehensive view of their crypto holdings across various...
Coinbase launches unified onchain monitoring through new wallet app
11.7.2024
Coinbase’s new wallet app will allow users to connect any self-custodial wallet for an aggregated view of assets
Coinbase Unveils Web App to Track Personal On-Chain Wallets
11.7.2024
Jumping in on a continued effort by wallet makers to simplify access and user experience, particularly for newcomers, Coinbase (COIN) is introducing an app that lets users manage all of their on-chain wallets and activities in one place, the company announced Thursday
German Government Sheds Over 3,100 BTC, Now Holds Less Than 10,000 Bitcoins
11.7.2024
At 9:50 a.m. on Wednesday, the German government held 13,110 BTC. By 8:30 a.m. on Thursday, the stash had decreased to 9,925 BTC, with the wallets now holding below 10,000 bitcoins. Germany’s Bitcoin Wallets Overpay Network Fees as Holdings Drop to 9,925 BTC Overnight and into the morning...
Crypto voters are bipartisan in desire to update the system: Coinbase
11.7.2024
According to a new Coinbase study, crypto voters are diverse and enthusiastic and poised to impact key battleground states in the upcoming US presidential election
Coinbase’s Stand With Crypto initiative to launch in Canada
10.7.2024
The group hinted at advocating for crypto regulation in Canada and updating the country’s financial system, as residents had an “appetite” for change
German Government Offloads 9,736 BTC in 20 Hours; Reserves Could Deplete by Tomorrow
10.7.2024
Over the course of nearly 20 hours, the German government has sold 9,736 BTC valued at $564.3 million. The government’s BTC wallet currently holds 13,110 BTC worth $767 million. German Government’s Swift Bitcoin Sales Could Soon Lead to Total Reserve Depletion At 1:16 p.m. EDT on July...
German Gov’t $354M BTC sell-off: Yet more volatility incoming?
10.7.2024
The German government is ramping up its Bitcoin sell-off, preparing to offload an additional $342 million worth of BTC