Bitcoin's price dropped this week, falling below $55,000 for the first time since February, as the defunct Mt. Gox exchange began distributing billions in owed funds. Mt. Gox announced it has started repayments to creditors, ending years of waiting since its 2014 collapse. The Japan-based exchange will

The German government transferred $175 million worth of Bitcoin to various exchanges, reducing its total to 40,359 Bitcoin. Shortly after, Arkham Intelligence reported via X and its on-chain explorer that the wallet received inflows of 1,915 Bitcoin from Kraken, Bitstamp, and Coinbase. Update: German Government BTC Movements German

Sony Group is set to introduce a Bitcoin and cryptocurrency exchange in Japan after acquiring Amber Japan, a local subsidiary of Amber Group. The revamped exchange will be named S.BLOX. In 2023, Sony acquired Amber Japan through its subsidiary, Quetta Web. Previously, Amber Japan was known as DeCurret until

The German Federal Criminal Police Office (BKA) transferred an additional 1,500 Bitcoin, valued at nearly $95 million, to various Bitcoin and crypto exchanges, including Bitstamp, Coinbase, and Kraken, on July 1st. Since June 19th, the German government has moved Bitcoin worth approximately $220 million to different exchanges, according to