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The German government transferred 3,000 bitcoin ($175 million) to various addresses.1,700 bitcoin were sent to an unidentified address starting with “139Po.”Additional transfers included 500 BTC to Bitstamp, 400 BTC to Coinbase, and 400 BTC to Kraken.
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One attorney predicted that the case will be settled after a penalty of no more than $25 million.
Check out which meme coins are deep in the red today (July 4).
The price of bitcoin fell 3% to trade under $59,000.Experts pointed to the impending Mt. Gox payout and uncertainties in the U.S. economy.
Quick Take FriendTech said that its native token will remain on the Base blockchain in response to community feedback. It also said it turned off all protocol fees from BunnySwap, Clubs and V1 smart contracts.
- 04:17A certain address deposited 1.14 million USDC into Hyperliquid, using a 20x leverage to go long on BitcoinAccording to Lookonchain monitoring, during the Bitcoin price drop, some whales chose to buy against the trend and go long on BTC. The address 0x9b28...7cA1 deposited 1.14 million USDC into Hyperliquid to leverage Bitcoin by 20 times. Meanwhile, another address 0x8Bff...CDC3 invested $4 million and set up 100 limit orders to go long on Bitcoin in the price range of $76,000 to $79,000.
- 03:51Andre Cronje has created a new project, Flyingtulip, positioned as a high-leverage contract trading protocolNews on March 10th, Sonic (formerly Fantom) co-founder Andre Cronje (AC) has added the tag "flyingtulip founder" to his personal X profile. According to the official website of the project, flyingtulip is positioned as a new generation of intelligent trading protocol that can support more than 50 times leverage trading. The protocol uses adaptive curve technology, which can automatically adjust between constant product and constant sum curves according to real-time market volatility, providing traders with better execution prices while bringing optimal returns for liquidity providers.
- 03:47Market expectations suggest that the Federal Reserve may resume rate cuts as early as JuneIn light of Trump's chaotic tariff policy and federal government layoffs, bond traders are signaling an increasing risk of economic stagnation in the United States. Less than two months into Trump's presidency, there was speculation that he would inject stimulus measures to expand the US economy and continue to put upward pressure on US Treasury yields, but this speculation is quickly being discarded. Instead, traders have been buying short-term U.S. Treasuries in large quantities since mid-February, with a significant drop in two-year Treasury yields. The market expects the Federal Reserve may resume rate cuts as early as June to prevent economic deterioration.