Breaking: German Govt Unloads Another 1125 Bitcoin To Coinbase & Other Exchanges

The German government has accelerated its Bitcoin liquidation spree with another 1,125 BTC offloaded to popular crypto exchanges. This move raises concerns toward a BTC price dip.

HIGHLIGHTS

The German government's Bitcoin holdings are now close to 13,000 BTC.

The latest offloading was registered on July 11 with 1,125 BTC shifted to prominent exchanges.

The German government-associated address also transferred 1,250 BTC to other wallets.

On Thursday, July 11, the German government intensified its unprecedented sell-off of Bitcoin (BTC), disposing of an additional 1125 BTC through prominent exchanges such as Coinbase, Kraken, and Bitstamp. This move comes amidst a series of strategic sales aimed at liquidating part of its substantial BTC holdings, initially seized from a movie piracy website.

German Government’s Latest Bitcoin Dump

According to Arkham Intelligence data, the German government offloaded 375 BTC, valued at approximately $21.77 million, each to Coinbase, Kraken, and Bitstamp. Simultaneously, it transferred another 1250 BTC to various addresses. This move suggests that further BTC selloff could be initiated via these addresses.
Notably, a substantial portion of these transfers included 1000 BTC, equivalent to a staggering $58.05 million, had been shifted to the suspected B2C2 Group address, 139PoP…H7ybVu. This address has been observed frequently receiving transfers from the German government. It mostly acts as an intermediary as it redistributes funds to other wallets.
In parallel, an additional 250 BTC, valued at approximately $14.51 million, was shifted to another address. This also raises concerns of an impending liquidation on the German government‘s part. These transactions have profoundly impacted Germany’s BTC reserves. The government’s reserve now holds 13,177 BTC with an estimated market value of $765.94 million.
the BTC price showed resilience and remained stable at $57,000.

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Notcoin’ Airdrop Claim Ending as Telegram Crypto Gaming Hype Builds

There’s one day left for Notcoin players to claim their NOT tokens as Hamster Kombat and other Telegram games gain serious traction.

Notcoin’ Airdrop Claim Ending as Telegram Crypto Gaming Hype Builds

There’s one day left for Notcoin players to claim their NOT tokens as Hamster Kombat and other Telegram games gain serious traction.

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3 cryptocurrencies to avoid this week amid $150 million in token unlocks

Three cryptocurrencies will unlock over $150 million in tokens this week, which cryptocurrency traders should avoid having substantial exposure to. These unlocks have the potential to flood the market, leading to increased selling pressure and significant price fluctuations.
On June 15, Finbold retrieved data from the TokenUnlocks.app, which shows $181.35 million in the seven-day cliff unlocks. Notably, this week’s three leading protocols will release $149.48 million in tokens, accounting for 82% of the total. Nine projects make up the “next seven days cliff unlocks.”

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Will metal crypto prices go up?

According to our current Metal Blockchain price prediction, the price of Metal Blockchain is predicted to rise by 232.28% and reach $ 0.18727 by June 29, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 73 (Greed).
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3 Altcoins To Buy for 10X Gains This Week

These altcoins are poised for 10X gains: Mantra, Oasis, Monero, and Mallconomy. Explore their unique value propositions and growth potential.

1.Mantra (OM)
2.Mallconomy
3.Oasis (ROSE)

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5 Crypto Airdrops after Notcoin to watch out for in June 2024 

Airdrops are the fastest way to earn free crypto tokens in a crypto project and rewards from airdrops could range from $1 to $10,000 worth of crypto assets.
Airdrops offer investors and crypto users a chance to participate in a crypto project while standing a chance of earning free tokens for their efforts.  
Airdrops are used by Crypto project owners as a marketing gimmick to onboard new members, Grow the project’s user base, and create awareness.  
#NOTUSDT🚨 There are many promising Airdrop campaigns to watch out for this month of June.
We selected the 5 most promising Airdrop campaigns from Coindoo’s list happening this month to be mindful of and participate in. 
Arena Games Airdrop 

Arena Games is a Web 3 project that falls under the gaming category. The project combines traditional gaming with the Gamefi sector of the crypto space. The project provides game developers and players the opportunity to manage their digital assets, mint Non-fungible tokens and improve the overall user experience of gaming.  
The native token of the Arena games ecosystem is called the AGP and it is an important component of the project used for various activities.  
The Arena Airdrop campaign allows its participants to earn over 10 million free AGP tokens.

Binance to Remove 6 Popular Trading Pairs: Details

Binance is shaking things up again by delisting six trading pairs on June 7, 2024. If you are trading in DOT/TUSD, MAGIC/FDUSD, ACE/BNB, SAND/BNB, MEME/BNB or XAI/TUSD, be ready. But don't panic — only the designated pairs are affected, not the tokens themselves. 

As part of Binance's routine upkeep to keep the market robust and user-friendly, the delisting is set to take place at 3:00 a.m. (UTC). These reviews are frequently the result of low trading volume and poor liquidity.
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