The process of Germany offloading seized bitcoin is called by experts "market intervention" as it caused a selloff...
Germany may have finally come out with a legal reason why they offloaded nearly $3 billion worth of bitcoin (BTC) into the open market, but industry experts aren't sold on the reasoning...
When the authorities finally issued a statement this week, the process was called a "market-friendly sale," which "was gentle on the market." The statement claimed that "a fair market price was always achieved" and said that "at this scale, there is no direct influence on the bitcoin price."...
Romina Bungert, adviser to Enzyme and ex-CFO Centrifuge, told CoinDesk, "This is a perfect example for the kind of unintentional malicious activity based on a lack of competence that can come from governments and authorities."
Collection
[
|
...
]