On July 8th, the German government continued its transfer of Bitcoin to exchanges, moving over $56 million worth in several transactions. Blockchain data shows that government-associated addresses transferred 500 Bitcoin to Bitstamp and Coinbase (250 Bitcoin each) at 14:48 UTC+8, valued at approximately $27.9 million, and an

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

On June 26th, the US government transferred 3,940 Bitcoin to Coinbase Prime, Coinbase's platform for institutional trading. This transaction was identified by blockchain analytics firm Arkham Intelligence. The Bitcoin that was transferred had been confiscated from Banmeet Singh, a convicted drug trafficker, earlier in 2024.  Singh was

Coinbase has filed lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC), alleging attempts to undermine the Bitcoin and cryptocurrency sector. The lawsuits, submitted on June 27th in the Washington D.C. district court, claim that the SEC and FDIC did not comply with

An anonymous Bitcoin donor has contributed over $500,000 in Bitcoin to cover the expenses for WikiLeaks founder Julian Assange's return to Australia. Assange has been released after pleading guilty in a U.S. court as part of a deal ending his 14-year legal battle. Julien Assange received