Bitcoin News

Metaplanet, a company listed on the Tokyo Stock Exchange and often likened to MicroStrategy, recently announced the acquisition of an additional 42.47 BTC, valued at around 400 million Japanese Yen (approximately $2.3 million).

On July 8, a wallet belonging to the German government designated as “German Government (BKA)” transferred 500 BTC to crypto exchanges and another 500 BTC to a government-affiliated address.

Last week Bitcoin and the wider crypto market experienced a significant down trend and this week might not be so different.

Arthur Hayes has issued a new newsletter, advising investors to “buy the dip” and hold onto Bitcoin, arguing it’s the best way to safeguard wealth in uncertain times.

Recent declines in the crypto market have sparked discussions among traders about the impact of government sell-offs on the price of Bitcoin.

At a pivotal moment for the cryptocurrency world, FTX, the exchange that collapsed in November 2022 under the leadership of the convicted Sam Bankman-Freed, is about to pay out a whopping $16 billion to its customers.

BitMEX made headlines by transferring over $800 million worth of Bitcoin (BTC) in two significant transactions amidst market volatility.