In a significant move on July 4, Justin Sun, the founder of Tron, offered to acquire the German government's substantial Bitcoin holdings valued at over $2.3 billion. Sun proposed to negotiate off-market to minimize market impact in a bid to prevent negative fluctuations in Bitcoin's value. The German government's Bitcoin stash originated from a seizure related to the pirate movie website Movie2k, with control over nearly 50,000 BTC since February 2024.
Proposal to Purchase German Government's Bitcoin Holdings
by Giorgi Kostiuk
a year ago
0
Other news
Effective Strategies for Stress-Free Credit Card Debt Management
A structured roadmap is provided to help individuals tackle credit card debt effectively and with less stress.
The Psychological Impact of Credit Card Debt
Credit card debt can lead to significant anxiety and stress due to overwhelming financial obligations.
Historical Patterns Suggest Positive Market Outlook
Historical data shows a 65% probability of closing higher when all three major indices open positively.
US Stocks Open Higher with Impressive Gains
US stocks opened higher across all major indices, signaling renewed market confidence.
ZEC Coin Shows Resilience and Targets New Heights
ZEC Coin is experiencing a surge in momentum, maintaining strong support levels and aiming for new price targets.
Zcash Foundation Launches Zebra 31 with Major Updates
The Zcash Foundation has launched Zebra 31, introducing major updates that enhance functionality and security, including improvements to Docker support, RPC interface, and a new mempool filter.
Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter