• The German government’s Bitcoin holdings spiked by 9,000% in one day.
• Bitcoiners trolled the government after it sold all Bitcoins in its wallet.
• Bitcoin has climbed above $60K in a recovery move.

The German government’s Bitcoin holdings spiked by 9,000% in one day following multiple donations by crypto community members. The donations followed the conclusion of the Bitcoin government’s selloff exercise in compliance with standard practice for confiscated assets.

Although several Bitcoiners donated to the Bitcoin wallet linked to the German government, the donations amounted to a mere $171.92. The Bitcoin community members embarked on the donations as a troll to the government after a protracted selloff that mounted significant bearish pressure on Bitcoin since the beginning of June.

The selloff ended last F…

The post German Government’s BTC Holding Spikes 9,000% in One Day appeared first on Coin Edition.

• The German government’s Bitcoin holdings spiked by 9,000% in one day.
• Bitcoiners trolled the government after it sold all Bitcoins in its wallet.
• Bitcoin has climbed above $60K in a recovery move.

The German government’s Bitcoin holdings spiked by 9,000% in one day following multiple donations by crypto community members. The donations followed the conclusion of the Bitcoin government’s selloff exercise in compliance with standard practice for confiscated assets.

Although several Bitcoiners donated to the Bitcoin wallet linked to the German government, the donations amounted to a mere $171.92. The Bitcoin community members embarked on the donations as a troll to the government after a protracted selloff that mounted significant bearish pressure on Bitcoin since the beginning of June.

The selloff ended last F…

The post German Government’s BTC Holding Spikes 9,000% in One Day appeared first on Coin Edition.