German Law Enforcement Transfers $425M in Bitcoin From Seized Funds
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German Law Enforcement Transfers $425M in Bitcoin From Seized Funds

Onchain data reveals that an entity likely tied to Germany’s Federal Criminal Police Office (BKA) transferred 6,500 bitcoin, valued at approximately $425 million, on June 19. Arkham Intelligence identified the address on Jan. 31 through its onchain monitoring systems. German Authorities Transfer Seized Bitcoin About four months ago, Arkham Intelligence announced on the social media […] Source: https://news.bitcoin.com/german-law-enforcement-transfers-425m-in-bitcoin-from-seized-funds/

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Jump Crypto Adds $10M to Pro-Crypto PAC, Total Now $169M

Jump Crypto has added $10 million to a U.S. political action committee focused on promoting pro-crypto candidates in Congress. This brings the total contributions from Jump, a Chicago-based investment firm, to $15 million, and raises the PAC’s total funds to nearly $169 million as of Wednesday, according to spokesman Josh Vlasto. The significant fundraising effort by Fairshake and its affiliated…

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QCP Capital Cites ‘Lack of News Flow’ for Bitcoin’s Price Decline Amid Market Doldrums
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QCP Capital Cites ‘Lack of News Flow’ for Bitcoin’s Price Decline Amid Market Doldrums

On Wednesday at 11 a.m. EDT, bitcoin hovered just around the $65,000 mark. QCP Capital published its market commentary, attributing the downturn in the crypto economy to a lack of news flow and stagnant markets. In such a market, with minimal positive news to spur buying, existing crypto holders may lose confidence and patience. Crypto […] Source: https://news.bitcoin.com/qcp-capital-cites-lack-of-news-flow-for-bitcoins-price-decline-amid-market-doldrums/