CRYPTO

Bitcoin’s price may have seen its drawdown bottom as the German government has now run out of Bitcoin to sell, and technical indicators point to the potential beginning of a reaccumulation phase according to CoinTelegraph.

The German government’s wallet is down to just 0 Bitcoin, only three weeks after it started selling. As a result, the additional $222 million worth of selling pressure has pulled BTC’s price below $60,000 over the past week, but signs of a potential bottom are (more…)

Authored by Brayden Lindrea via CoinTelegraph.com,

The BlackRock USD Institutional Digital Liquidity Fund has reached a $500 million market cap, making it the first tokenized treasury fund to reach this milestone.

Launched less than four months ago, BlackRock BUIDL, currently holds $502.8 million worth of tokenized Treasurys, according to Ethereum block explorer Etherscan.

The milestone was reached after real-world asset tokenization firm Ondo Finance bought more BUIDL, (more…)

Authored by Amaka Nwaokocha via CoinTelegraph.com,Spot Bitcoin ETFs experienced a surge in inflows on July 6, following the recent U.S. Independence Day, during which Bitcoin’s price dropped below $54,000.According to Farside…