Unloading governmental BTC is... good
It has been said that few governments, of otherwise powerful countries have been unloading, meaning, selling their stock of BTC.
This, of course, with few other reasons, mainly born by fear, lead to significant drop of the price of Bitcoin.
However, I believe this is rather good.
What governments are very good at, in general, is taking money from ordinary people and creating more bureaucracy.
Moreover, we, the true believers in crypto, want less politics and politicians around our favorite coin!
So, sell governments, please continue selling it!
Now, the news:
Tether CEO Issues Scary AI Warning
https://u.today/tether-ceo-issues-scary-ai-warning
The Tether boss has stressed the importance of unlocking the power of locally executable AI models
Shiba Inu (SHIB) and Dogecoin (DOGE) Among Top Crypto Laggards as Market Sees Severe Downturn
https://u.today/shiba-inu-shib-and-dogecoin-doge-among-top-crypto-laggards-as-market-sees-severe-downturn
Shiba Inu (SHIB) and Dogecoin (DOGE) are the biggest market laggards alongside Bitcoin Cash (BCH)
Enormous Shiba Inu (SHIB) Comeback, Bitcoin (BTC) at $58,000, but Don't Celebrate Too Early, Ethereum Below $3,000 Again
https://u.today/enormous-shiba-inu-shib-comeback-bitcoin-btc-at-58000-but-dont-celebrate-too-early-ethereum-below
Market sentiment getting better, but there aren't enough buyers yet
German Government Can’t Stop Selling Bitcoin
https://u.today/german-government-cant-stop-selling-bitcoin
The German government has made a new crypto transfer that has rattled the crypto market
Solana (SOL) Price Prediction for July 7
https://u.today/solana-sol-price-prediction-for-july-7
Can bulls restore price of Solana (SOL) to $150 next week?
Crucial Shiba Inu (SHIB) Alert Issued by Community
https://u.today/crucial-shiba-inu-shib-alert-issued-by-community
Shiba Inu community issues crucial alert urging vigilance against misuse of SHIB name
Toncoin (TON) Price Prediction for July 7
https://u.today/toncoin-ton-price-prediction-for-july-7
Can next week become bullish for Toncoin (TON)?
Ripple CTO Shuts Down XRP Community Price Speculations
https://u.today/ripple-cto-shuts-down-xrp-community-price-speculations
Ripple CTO David Schwartz addresses XRP price speculations amid fear, uncertainties and doubts
Cardano Eyes Chang Hard Fork: Historical Surge Hints at ADA Potential Rally
https://u.today/cardano-eyes-chang-hard-fork-historical-surge-hints-at-ada-potential-rally
Cardano gearing up for one of largest upgrades in its history
Silent $8 Million Bitcoin Whale Awakens and Does This
https://u.today/silent-8-million-bitcoin-whale-awakens-and-does-this
Dormant Bitcoin whale awakens, moving $8 million worth of BTC after decade of inactivity
Satoshi Nakamoto Iconic Bitcoin Line Marks 14 Years: Details
https://u.today/satoshi-nakamoto-iconic-bitcoin-line-marks-14-years-details
This quote succinctly encapsulates revolutionary principles that underpin Bitcoin
Whale Loses $3.5 Million on PEPE: What's Happened?
https://u.today/whale-loses-35-million-on-pepe-whats-happened
Major cryptocurrency investor faces $3.5 million loss on PEPE tokens
Shiba Inu (SHIB) Surges to $0.00016, but Not for Long
https://u.today/shiba-inu-shib-surges-to-000016-but-not-for-long
Shiba Inu could be on verge of comeback as asset shows first bounce since correction began
Shiba Inu (SHIB) Records Massive Price Spike as Ex-Goldman Analyst Predicts Meme Coin Cycle
https://u.today/shiba-inu-shib-records-massive-price-spike-as-ex-goldman-analyst-predicts-meme-coin-cycle
Shiba Inu (SHIB) recently recorded double-digit gains, outperforming virtually all cryptocurrencies in top 100
Legendary Trader Peter Brandt Highlights Major Bitcoin Problem
https://u.today/legendary-trader-peter-brandt-highlights-major-bitcoin-problem
Veteran trader noticed tendency that might become issue for trend in future
Vitalik Buterin Makes Massive $300,000 Transfer
https://u.today/vitalik-buterin-makes-massive-300000-transfer
Vitalik Buterin made enormous transaction that raised some concerns among Ethereum investors, but there's nothing to worry about
Legendary Trader Peter Brandt Spots Major Bitcoin (BTC) Buy Signal
https://u.today/legendary-trader-peter-brandt-spots-major-bitcoin-btc-buy-signal
Prominent commodity trader is convinced that leading cryptocurrency going to reach new peak in August 2025
Shiba Inu Skyrockets 781% in Burns Amid SHIB Price Rebound
https://u.today/shiba-inu-skyrockets-781-in-burns-amid-shib-price-rebound
Shiba Inu has seen surge in burn rate and market value
Schiff: Bitcoin Crash Exposes Key Myth
https://u.today/schiff-bitcoin-crash-exposes-key-myth
Institutions did not step up to buy Bitcoin and prevent the crash, according to Schiff
Bitcoin: 10,000 BTC Wallets Pack 212,450 BTC to Scale 6 Year High
https://u.today/bitcoin-10000-btc-wallets-pack-212450-btc-to-scale-6-year-high
Wallets holding 10,000 Bitcoin (BTC) or more have reached their highest level of accumulation in last six years
Here are some of our favorite quotes to motivate you to not give up and keep up the good work!
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Nice post. A lot of times, the government has dropped a ton of Bitcoin into the market and caused a drop! Found Mt. Gox, Silk Road, Cryptsy, Binance so you're right.
I feel the same way the less they hold the better it is for the people, also I don't understand why the hold so much of it when they keep telling us "the people" we are not allowed to have any.
I think the most of the politicians and government employees are just puppets who are told what to do. As the saying, if they were smarter they would be in the private sector instead.
It is quite custom governments and politicians in general do the opposite of what they tell, especially prior elections. I've trusted our government few times in my past, always a mistake.
There is little doubt that politicians are running the show, they are just the frontmen that people see and hail their abuse at, the real decision makers hide behind the politicians pulling their strings. For me I never trusted them, 1 because as a child not much of it made sense, 2 because the grown ups around me would often mentioned how they had been lied to and 3 history mostly proves our leaders cannot be trusted.
Hmm , interesting opinion!
Thanks! Have a great day!
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