Cryptocurrency advocate John Deaton has taken to his account on the X social media platform to share his take on the recent quarter-million-USD worth of Bitcoin transaction made by the
Deaton reminded the community that chairman of the U.S. Securities and Exchange Commission Gary Gensler has “declared war” on Coinbase by labeling its business as illegal for trading altcoins, which he refers to as “unregistered securities,” setting forth its charges against the exchange in June last year.
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German gov’t offloads 900 Bitcoin, with 400 BTC sent to Coinbase and KrakenThe German government has sold 900 Bitcoin, worth over $54 million, in three transactions. This move could increase selling pressure, potentially pushing Bitcoin's price below the critical $60,000 mark.
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