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Mark Zuckerberg Family Office-Backed Google Translate Rival DeepL Expands Language Offerings With Traditional Chinese Targeting Baidu, Tencent
Wednesday, July 24, 2024 - 12:33am | 802DeepL, a prominent artificial intelligence translation startup from Germany, introduced traditional Chinese as a new language option. This move aims to enhance its footprint in Asia. What Happened: The Cologne-based company, valued at $2 billion, primarily targets businesses with its...
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Bitcoin Miners Could Enjoy A Trump-Fueled 'Goldilocks Scenario,' Say Analysts
Monday, July 15, 2024 - 8:48am | 611Bitcoin (CRYPTO: BTC) miners are looking at a promising future, dubbed a “Goldilocks scenario,” influenced by the “Trump factor,” according to analysts at Bernstein. What Happened: As reported by The Block, analysts Gautam Chhugani and Mahika Sapra noted that the scenario...
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US, Germany Sniff Out Russian Attempt To Assassinate German CEO
Thursday, July 11, 2024 - 2:42pm | 436A report on Thursday uncovered a Russian plot to assassinate Rheinmetall ADR (OTC:RNMBY) CEO Armin Papperger. Rheinmetall, a German arms manufacturer, supplies weapons to Ukraine in their ongoing war with Russia. What Happened: CNN was the first to report the attempt, citing anonymous officials,...
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Raytheon Awarded $1.2B Patriot Contract For Germany As Ukraine Asks For Support
Thursday, July 11, 2024 - 11:47am | 505Raytheon, an RTX Corp. (NYSE:RTX) business, was awarded a $1.2 billion contract to supply Germany with additional Patriot air and missile defense systems. The company did not specify the number of missiles that are included in the contract. The deal is said to provide the...
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Is Germany Poised To Become The Next Weed Epicenter In Europe?
Thursday, July 11, 2024 - 9:59am | 1076On Monday, July 8, Germany opened its first cannabis social club, just about one week after the law allowing these places took effect. Lower Saxony Minister of Agriculture Miriam Staudte announced that the permit was awarded by her office to Social Club Ganderkesee. The news comes some two months...
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German Bitcoin Liquidation Criticized As 'Insensible And Counterproductive' With Market Concerns Rising
Wednesday, July 10, 2024 - 11:10am | 799The German government's decision to sell a substantial portion of its Bitcoin (CRYPTO: BTC) holdings has sparked controversy, highlighting the complexities of digital asset management in national financial strategies. Joana Cotar, a member of the German Bundestag, has publicly condemned the large-...
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How Low Will Bitcoin Go If Germany Sells All Its BTC?
Wednesday, July 10, 2024 - 9:09am | 454Bitcoin (CRYPTO: BTC) has been weighed down by Germany liquidating Bitcoin holdings, but fresh analysis points to further downside being limited. What Happened: Economist and crypto trader Alex Krüger pointed out that Germany's equivalent of the FBI held 50,000 Bitcoin until late June. While they...
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Bitcoin Plunges To $56K As German Government Continues Liquidating Its Holdings
Monday, July 8, 2024 - 12:13pm | 610Concerns about the stability of the crypto market rose sharply today as the German government continued its aggressive sale of confiscated Bitcoin (CRYPTO: BTC) on Monday. What Happened: According to blockchain analysis firm Arkham, German authorities have moved an additional 8,100 BTC (worth...
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German MP Argues For Retaining Bitcoin Holdings Rather Than Liquidate
Friday, July 5, 2024 - 12:01pm | 528Joana Cotar, a member of the German Bundestag, criticized the government's decision to sell off Bitcoin (CRYPTO: BTC) holdings. In a letter to key government officials — Saxon State Premier Michael Kretschmer, Federal Finance Minister Christian Lindner, and Chancellor Olaf Scholz — Cotar outlines...
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German Government Sells Another $17M In Bitcoin
Tuesday, July 2, 2024 - 9:25am | 363Fresh data has revealed that the German government continues its pattern of Bitcoin liquidation. What Happened: According to blockchain intelligence firm Arkham, the transfers totaling 282.74 Bitcoin (CRYPTO: BTC) to major cryptocurrency exchanges including Bitstamp, Coinbase and Kraken took place...
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Germany Leads The Global Medical Cannabis Explosion
Friday, June 28, 2024 - 1:28pm | 1022The entire cannabis community is abuzz with German legalization. Not only is this a massive windfall for cannabis producers around the world with access to markets in the European Union, but it’s also a regulatory call-to-order for every other country that has resisted adopting a more up-to-...
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German Authorities Sell $15M More In Seized Bitcoin
Wednesday, June 26, 2024 - 11:33am | 471German law enforcement continues to offload Bitcoin seized from the defunct movie piracy site Movie2k earlier this year. What Happened: The latest transfers, totaling 250 Bitcoin (CRYPTO: BTC) ($15.4 million), were sent to cryptocurrency exchanges Bitstamp and Kraken on Wednesday, according to...
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German Government Continues Bitcoin Liquidation, Transfers 400 BTC To Exchanges
Tuesday, June 25, 2024 - 7:25am | 551The German Government transferred a total of 400 BTC, valued at approximately $24.34 million, to major cryptocurrency exchanges Coinbase Inc. (NASDAQ:COIN) and Kraken today. What Happened: According to data from Arkham, the transfers were executed at 15:38 UTC+8, with each exchange receiving 200...
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Deal Between Germany, China Could Stop Looming Tit-For-Tat On EV Tariffs
Monday, June 24, 2024 - 3:46pm | 860Conversations are moving forward between China and the European Union on a deal that could benefit electric vehicle (EV) companies from both economic powerhouses. Willingness from both sides to de-escalate a looming tariff war for the car industry can be read as an oasis of mutual trust within the...
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German Government Sells $195M In Bitcoin, Has $3B Left
Thursday, June 20, 2024 - 2:19pm | 912The German government has intensified its liquidation of Bitcoin (CRYPTO: BTC) assets, generating significant market interest and raising questions about its long-term financial strategy. According to fresh updates from blockchain intelligence firm Arkham, the German authorities have sold Bitcoin...