Government

Peter Schiff said that now that the Biden administration is aware of Donald Trump’s plans to make Bitcoin a strategic reserve, they would take this to their advantage. On Monday, July 29, the US…

Bitcoin has been trying to regain its position at the $70,000 zone since the market rejected it over a month ago. For the last many days it has  struggled with multiple resistances at various levels. On 29th July, it could finally touch…

(Bloomberg) -- Bitcoin surpassed $67,000 for the first time in more than a month, reviving speculation that the largest cryptocurrency may soon make another run at record highs amid optimism that a second Trump presidency will be…

(Bloomberg) -- Bitcoin touched $61,000 after Donald Trump’s defiant response to an assassination attempt spurred speculation that the pro-crypto former president’s chances of winning reelection have climbed.The largest digital asset rose…

The German government has finally emptied its Bitcoin (BTC) wallet. On-chain data reveals that a series of transactions on July 12 concluded the government’s sell-offs. This decision has sparked discussion within the crypto community,…

The fast-growing cryptocurrency industry is a major consumer of electricity, but no one—not even the U.S. government—knows exactly how much energy goes into the armada of computers used to ‘mine’ Bitcoin and other digital…

After the German government transferred more than 10,000 bitcoin to exchanges and market makers early Monday, the country's authorities received nearly 3,000 BTC back later in the day. As of 4:15 p.m. EST, Germany had received 2,898…

Note (July 8, 16:45 UTC): Data updated to reflect subsequent transfers since this piece was first published. The German government transferred 133.722 bitcoin to market maker Cumberland DRW Monday before sending 5,200 bitcoin to market…

Recent, selling of sized bitcoin by the German government has exerted selling pressure that triggered panic among crypto investors. This move has somewhat resulted in Bitcoin’s price dropping by 4.3% in the past day and over 6.63% in…

The German government has made a sharp U-turn from its previous chain activities where it has been selling large swathes of Bitcoin and adding to the selling pressure in the market. The German government in a surprise move bought back…