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“ETH will bounce back hard so buy the dip,” one analyst suggested.

The German government transferred 3,000 bitcoin ($175 million) to various addresses.1,700 bitcoin were sent to an unidentified address starting with “139Po.”Additional transfers included 500 BTC to Bitstamp, 400 BTC to Coinbase, and 400 BTC to Kraken.

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One attorney predicted that the case will be settled after a penalty of no more than $25 million.

Check out which meme coins are deep in the red today (July 4).

The price of bitcoin fell 3% to trade under $59,000.Experts pointed to the impending Mt. Gox payout and uncertainties in the U.S. economy.
- 07:34Deribit: Approximately $2.5 billion in BTC and ETH options will expire tomorrow, with the biggest pain point for BTC being $85,000Deribit officially announced a reminder that approximately $2.5 billion in crypto options will expire tomorrow (April 4th, 16:00 GMT+8). Among them, the nominal value of Bitcoin (BTC) options is about $2.16 billion, with a Put/Call ratio of 1.27 and the maximum pain price at $85,000; Ethereum (ETH) options have a nominal value of about $371 million, with a Put/Call ratio of 1.31 and the maximum pain price at $1,850. Despite this week's market volatility being relatively calm compared to last week's quarterly expiration, position adjustment remains crucial.
- 07:31Traders believe there is a 90% chance that the European Central Bank will cut interest rates in AprilTraders have increased their bets on the European Central Bank cutting interest rates, believing there is as high as a 90% chance of the European Central Bank lowering rates in April.
- 07:28Kazakhstan and the UAE seek to strengthen cooperation in digital assets and blockchain technologyA delegation from the financial sector of Kazakhstan recently visited the United Arab Emirates (UAE) to strengthen cooperation in digital assets and blockchain technology. The visit took place from March 26th to 27th, with delegates including representatives from the National Bank of Kazakhstan and Agency for Regulation and Development of Financial Market (ARDFM). They interacted with key financial institutions and regulatory bodies in UAE. According to a statement by the National Bank of Kazakhstan, discussions focused on expanding digital asset fields, including regulatory frameworks and practical applications of blockchain technology. The National Bank of Kazakhstan signed a Memorandum of Understanding (MoU) with the Central Bank of UAE to exchange best practices in fintech, cybersecurity, and CBDC development. The delegation also met with Securities & Commodities Authority in UAE to discuss integrating Kazakhstani exchanges such as Astana International Financial Centre into Tabadul Digital Exchange in UAE. This collaboration aims at improving stock market infrastructure while promoting cross-border transactions through blockchain technology. Discussions were also held between Kazakhstani delegation, Mubadala Investment Company, and First Abu Dhabi bank about expanding investment cooperation with Kazakhstan.(Bitcoin.com)