Crypto News
This Week on Crypto Twitter: Trump Support Surges After Shooting, Degens Brush Off Germany’s Bitcoin Dumps
Crypto Twitter celebrated Trump's safety—and yes, the impact of the attack of crypto in the U.S.—following a big week for Bitcoin sales.Source link
Institutional Liquidity Providers and OTC Desks Absorbed 88% of Germany’s Bitcoin Sales
Institutional liquidity providers, market makers, and over-the-counter (OTC) trading desks, regardless of the term you choose, have taken in most of Germany’s bitcoin since sales began in June 2024. Data reveals that only a small amount of BTC was moved to centralized crypto exchanges like Coinbase, Kraken, and Bitstamp. Institutional Players Absorb Bulk of Germany’sSource link
Professor Coin: Do Investors Treat Crypto Differently?
A recent academic study used data from trading platform eToro to explore strategies used when trading crypto versus traditional assets.Source link
Bitcoin Surpasses $60K After 11 Days: Price Boost Follows Trump Assassination Attempt
The price of bitcoin climbed 2.7% over the past 24 hours, reaching an intraday peak of $60,423 per token. For over a week, BTC remained below the $60,000 mark. However, on Sunday morning at 4 a.m. EDT, it surpassed this threshold for the first time in 11 days. BTC Rises to $60,423, Marking 2.7% IncreaseSource link
German Government Now Holds Less Than 10K BTC, Iran Proposes to Link All BRICS Payment Systems,...
Iran’s Foreign Affairs Ministry has proposed linking BRICS countries’ payment systems for seamless national currency transactions. Meanwhile, Germany’s government reduced its Bitcoin holdings by over 3,000 BTC, now holding under 10,000. AI chatbots predict Bitcoin’s year-end price could reach between $50,000 and $100,000. In Zambia, new guidelines may outlaw foreign currency use, imposing severe penaltiesSource link