Germany Moves 750 Bitcoin (BTC), Altcoins Bleed Liquidity

Bitcoin, after a brief surge above $62,000 in the early Asian session, retreated to $61,400. The price fell amid significant on-chain activity in the German government’s BTC holdings. According to blockchain sleuth Lookonchain, the eurozone’s largest economy transferred 750 BTC, valued at over $46 million, sending 250 BTC to crypto exchanges Bitstamp and Kraken, an indication that the country may be preparing to sell the tokens. This action, part of a divestment of BTC seized from a privacy website, added to bearish pressures in the market. The government holds over…

Investcorp and Securitize Launch Fund Tokenization Partnership

“This partnership with Securitize continues Investcorp’s strong legacy as an innovator in alternative investments,” said Anthony Maniscalco, Managing Partner, ISCG, in a release. “The use of tokenization technology has the potential to increase efficiencies for investors, and also provides for a new era of accessibility. Through this collaboration, Securitize is bringing access to the GP staking strategy for a wider range of investors.” Source

ICO statement on its public sector approach trial

In June 2022 we revised our approach to working with public sector organisations and started a two-year trial, as set out in our open letter at the time. While we have continued to issue fines to public bodies where appropriate, we have also been using our other regulatory tools to ensure people’s information is handled appropriately and money isn’t diverted away from where it’s needed the most. We will now review the two-year trial before making a decision on the public sector approach in the autumn. In the meantime, we…

Bitcoin, Ether Options Worth $10B Set to Expire on Friday

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