The tweet was deleted by the author.
But we saved everything 🙂.
German state sold seized Bitcoin assets under legal mandate, Scott Melker notes
Scott Melker, owner and content creator, clarifies that the recent reports of Germany selling Bitcoin are misleading.
He explains that a German state followed legal guidelines by liquidating seized criminal assets and that repurchasing the Bitcoin is not possible.
Melker recently noted that Strategy's small Bitcoin sale and Mt. Gox wallet activity contributed to panic selling in crypto markets, despite no large transactions taking place, according to his earlier coverage. In a separate update, he reported that JPMorgan raised its S&P 500 year-end target to 7,800 based on strong AI-related earnings and reduced geopolitical risk factors, as seen in his previous article. These observations reflect the range of market drivers Melker has addressed in recent market commentary.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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