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Joe Nakamoto: German government sold 50,000 BTC nearly two years ago

Joe Nakamoto: German government sold 50,000 BTC nearly two years ago
German government sold 50,000 BTC

Joe Nakamoto, bitcoin journalist at Self-employed, points out that the German government sold about 50,000 BTC nearly two years ago.

He observes that this move, which once may have appeared questionable, is now looking increasingly prudent as the current bear market lowers prices. Nakamoto suggests the market bottom could coincide with when the German government’s sale is regarded as a smart decision.

Nakamoto has previously observed operational changes in the crypto space. He noted that Hormuz began accepting both bitcoin lightning and American Express, describing the mix of crypto and card transactions in a recent report. In another update, Nakamoto highlighted that a video demonstration failed to show the retrieval of free bitcoin from the Bitkit wallet.

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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