Tuesday, July 9, 2024

It's Not Germany Selling Bitcoin. It's One of Its States and It Has No Choice.

Since confiscating nearly 50,000 bitcoin in January, Germany’s state of Saxony has sold over half of its initial holdings, causing distress in the crypto market.

source https://www.coindesk.com/news-analysis/2024/07/09/its-not-germany-thats-selling-bitcoin-its-one-of-its-states-and-it-has-no-choice/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Fidelity joins Wall Street's race to manage stablecoin reserves

Following State Street, Fidelity is targeting reserve assets that underpin the expanding stablecoin market. source https://www.coindesk.com...