News list for " German Government"
According to Arkham monitoring, the German government failed to seize $5 billion worth of bitcoins. In early 2024, German police seized 49,858 bitcoins from the operators of the pirated movie site Movie2K. However, in July 2024, the government sold these bitcoins for only $2.89 billion, with an average selling price of $57,900. Currently, Movie2K still has more than 45,000 bitcoins in its wallet, which is almost the same amount as the original seizure, which is worth about...
Market news: The German government has approved the 2026 budget and medium-term fiscal plan.
According to Arkham's statistics, the German government sold 49,858 bitcoins at an average price of 57,900 dollars, compared to the current price of 117,000 dollars, its "sell-off" loss has reached 2.98 billion dollars.
German government spokesperson: Talks are underway to purchase Patriot air defense systems from the United States and supply them to Ukraine.
The German government sold 49,858 bitcoins (worth $2.87 billion) at an average price of $57,600 between June 19 and July 12, 2024. Today, those 49,858 bitcoins are worth $5.33 billion, meaning the German government missed out on $2.46 billion in profits.
According to Cointelegraph, blockchain intelligence firm Arkham said the German government missed out on more than $2 billion in profits after selling bitcoins in 2024. Previously, a wallet labeled "German Government (BKA) " sold 49,858 bitcoins in multiple transactions between June and July 2024, with an average price of $57,900 and a total value of more than $2.89 billion. According to Arkham data, the move cost the German government more than $2.35 billion. If held so far, these bitcoins woul...
German government spokesperson: Chancellor Merz and Trump agreed on the need to resolve the trade dispute quickly during the phone call.
According to Arkham data, the 49,858 bitcoins previously held by the German government are currently worth $4.92 billion. The German government sold its bitcoin holdings in July for $2.89 billion, with an average price of $57,900, missing out on $2.03 billion in potential profits.
German government spokesperson: German Chancellor Scholz, on the phone with Russian President Vladimir Putin, urged Russia to show its willingness to negotiate with Ukraine to achieve a just and lasting peace. German Chancellor Scholz called for the withdrawal of Russian troops.
The German government has lowered its GDP growth forecast to negative territory. Will the two consecutive years of economic contraction prompt the European Central Bank to act as soon as possible?
