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Bitcoin's price surges to nearly $68,500 on the morning of july 22 following president Biden's official announcement to withdraw from the 2024 presidential race.
Could 2024 be the most memorable year in Bitcoin's history as the cryptocurrency is set to reach its second ATH within the same year?
Arbitrage trading of spot Bitcoin ETFs and decreased demand for inflation hedges might be restricting Bitcoin's price growth.
Germany's Bitcoin sell-off is coming to an end. Genesis Trading, in bankruptcy, transfers 12,691 BTC to Coinbase, raising market concerns.
The German government's Bitcoin wallet balance has dropped to zero after several days of continuously transferring BTC to exchanges and market makers.
Bitcoin ETFs see record inflows in July, signaling strong investor sentiment and driving Bitcoin, Ethereum, and altcoins higher.
Daily as routine, the German government wallet persists in transferring Bitcoin to CEX exchange wallets, OTC institutional wallets, and various private wallets.
The German government moved a total of 10,853 BTC worth over $630 million on July 10, yet the crypto market showed negligible price fluctuations.
Net inflows on Monday were the highest since early June with Blackrock’s BTC ETF taking on almost $190 million.