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Bitcoin (BTC) price fell to under $56,000 as the German government sold more BTC On-chain data shows Germany sent more than 16,000 BTC to exchanges on Monday – the largest transfers in a single day. Bitcoin price fell below $56,000 again on Monday, dropping by about 2% at the time of writing as Germany took its BTC selling spree to a new level. Per on-chain data tracking the Bitcoin held by the German government , Monday saw more than 16,000 BTC sent to crypto exchanges – the largest such dump by the government -controlled wallet in a single day. The selling intensified amid transfers of 2,700 BTC , 5,200 BTC and 8,100 BTC in quick succession over a two hour period.   “The German Government sent another 5200 BTC ($297.3M) to Kraken, Bitstamp, Coinbase and 139Po right after we posted this tweet. That makes this the biggest day for them so far – over 16,000 BTC in total,” the Arkham team posted on X. Bitcoin price...

Top experts expect Bitcoin’s (BTC) price to rise beyond $70,000 as halving approaches. Ethereum (ETH) proposal causes optimism among investors, who expect a surge in the DeFi coin price to $5,000 by the end of March. Rebel Satoshi ($RBLZ) presale has concluded. Despite BTC and ETH’s continued rise to the top of the cryptocurrency market during this recent upswing, a new competitor has shown it can compete with the best DeFi tokens. Among BTC, ETH, and $RBLZ, which cryptocurrency should you buy? Let’s gather the most recent information from analysts and experts. BTC price forecast: can Bitcoin continue its upward trend? To stop currency speculation and stabilize the country’s collapsing Naira, the Nigerian government has placed access restrictions on several cryptocurrency exchanges, including Binance, Coinbase, Kraken, FXTM, and OctaFX, according to a report published in the Financial...

SEC nods propel Bitcoin ETF options trading by Nasdaq and Cboe, marking a significant leap in crypto investment avenues. Nasdaq’s BTC ETF options promise cost efficiency, advanced hedging; Analysts foresee hedge fund influx. Pullix’s PLX token presale gains traction, introducing a game-changing “Trade-to-Earn” concept, reshaping crypto engagement. Just when everyone thought that 2024 had seen the most after the recent spot Bitocin ETFs approval by the US SEC, excitement is rippling through the crypto community again as Nasdaq and Cboe gear up for Bitcoin ETF options trading. The two have already filed applications with the SEC and the regulatory authority has recognized the applications. Simultaneously, Pullix, a hybrid trading platform is promising a new era in decentralized finance. Nasdaq and Cboe Bitcoin ETF Options trading move In a screenshot posted on X by James Seyffart, the SEC has already acknowledged the 19b-4s requesting...

Source: AdobeStock / beeboys Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Security news The US Oregon Division of Financial Regulation (DFR) warned crypto investors to be careful of various scams within the crypto space, such as a recent one involving a website claiming to be managed by the US Department of State . The fake website said it was working to get FTX customer assets returned to them and asked for the investor’s FTX username and password, along with other account information. Investment news Technology company MicroStrategy purchased approximately 2,395 bitcoin (BTC) for $42.8 million in cash at an average price of approximately $17,871 per bitcoin, between November 1 and December 21 through its MacroStrategy subsidiary, according to a US Securities and Exchange Commission (SEC) filing. On December 22, it sold BTC for...

Source: AdobeStock / Andrii Yalanskyi There is no deal (yet) in the acquisition talks between crypto lender Nexo and its rival Vauld , while the latter has less than a month to present a restructuring plan to creditors. Several news outlets have reported that the deal has been terminated altogether - though it remains unclear by whom, how, or when. The same reports noted, however, that Nexo reportedly stated that the talks are still ongoing. In a short statement for Cryptonews.com , the Singapore-based troubled crypto lender Vauld said that, To provide a very brief summary, our discussions with Nexo have unfortunately not come to fruition.  Per a Bloomberg report, Vauld said the same thing in an email to creditors on Monday. While it may imply so, this does not necessarily mean that the entire deal is off - leaving the issue unclear. Cryptonews.com reached out to Vauld and Nexo for further clarification but did not receive a reply by the publishing time. Meanw...