The German Government did not confiscate all BTC from the Movie2K piracy site. Old wallets with 45,000 BTC have been discovered, showing addresses that the German government did not manage to seize. The German Government apparently did not seize all the BTC from the Movie2K piracy site. According to Arkham Intelligence, the site creators had another stash of 45,000 BTC, currently valued at nearly $5B. A new entity was tagged by Arkham, with 100 linked wallets holding 45,000 BTC, valued at $4.99B. | Source: Arkham Intelligence For now, there is no legal recourse to claim the BTC. Earlier, the founders of the Movie2K piracy site voluntarily transferred 48,898 BTC to new wallets controlled by law enforcement. The German government sold due to the potential BTC volatility and the risk of losses, skipping one of the biggest BTC bull markets in late 2024 and 2025. Arkham identifies new BTC wallets linked to Movie2K Movie2K already surrendered nearly 50K BTC to the German government in early 2024. Later that year, the government sold all its BTC, tanking the price to below $50,000. The German government sold at around $57,500 in the summer of 2024, shedding all holdings for around $2.89B. In total, the government liquidated 54,000 BTC from several seized wallets. The newly discovered wallets arrived a little over a year since the country sold its holdings within days. The German government became notorious for selling at a much lower price and skipping billions in earnings. The sales happened just before Germany ushered in a new government that made crypto-friendly statements. Two years after the latest transfers, the Movie2K wallet cluster still contained $4.99B in value, spread across multiple connected wallets. Arkham tracked down the cluster based on connections to the German Government wallets. According to Arkham, the cluster contains 100 connected wallets, which have not moved their holdings since 2019. Movie2K was active until 2013, and the BTC was acquired as a way to park the proceeds from running the piracy site. Over time, the relatively small payments were turned into a significant treasury. For now, it remains uncertain if all wallets are accessible and if the funds can also be claimed. Can Germany build a strategic BTC reserve? As of July 2024, the case against Movie2K was still under investigation, with authorities giving no further details. The first tranche of BTC was voluntarily sent by the two suspects, a German male, 40, and a Polish male, 37, at the time of the arrests. All involved persons from Movie2K received suspended sentences, but have not touched the BTC even after their trial. None of the sentences targeted crypto ownership as such, and were applied for copyright infringement and money laundering. The case is still not closed, and the new information may mean the Dresden prosecutor’s office is facing another dilemma about becoming a large-scale BTC holder. The case was assisted by the US FBI, as well as by a Munich-based IT company. Governments have remained some of the biggest passive holders of BTC, with a reported 525,364 BTC in total. With the latest inflows, Germany would line up just behind Ukraine with replenished BTC holdings. If transferred, the 45,000 BTC could turn into one potential source of selling. However, the market has managed to absorb the tokens, and Germany’s move did not have lasting damage. Instead, it made the BTC market more confident after easily absorbing even large-scale whale holdings. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
Bitcoin traders often wonder when the optimal moment to step in might be. According to K33 Research, a leading crypto analytics company, that moment may arrive sooner than expected. The firm is calling attention to September, which is often a weak month for Bitcoin, as offering a strategic buying zone, where disciplined accumulation may pay off. K33 Research And The Strategic Buying Zone Since 2011, September has been the only month where Bitcoin has consistently posted negative returns. According to data from CryptoRank, September has the highest average losses for Bitcoin, about negative 4.96 percent. Traders often refer to this seasonal slump as the “September curse.” Although recent years have defied the pattern, the month is still tough for crypto markets, largely due to broader risk-off sentiment in global equities as investors rebalance portfolios ahead of the final quarter. This year, global economic slowdowns and uncertainty around US trade tariffs and interest rate cuts have added pressure to the market, increasing the likelihood of a pullback. According to a report by K33 Research, this is not a sign of sustained weakness but rather the kind of environment that creates opportunity. Particularly, K33’s analysis frames any dip into the $94,000 to $101,000 range as a tactical sweet spot for investors. Rather than waiting for new highs, the firm advises viewing September’s volatility as a window for strategic entry. The Next Bitcoin Entry At the time of writing, Bitcoin is holding up around the $112,000 price level, although the volatility in the past few days saw it break below $110,000 very briefly to reach $109,399. The volatility was even more pronounced on September 1, when Bitcoin broke below $110,000 to touch $107,400 twice. If Bitcoin were to fall to $101,000, it would translate to a 10% decline from the current price level. This crash would weaken bullish sentiment. A deeper fall to $94,000 would be even more significant, translating to a 16% drop and causing Bitcoin to lose its psychological foothold at the six-figure threshold of $100,000, which would undoubtedly cause havoc to any bullish sentiment left. However, according to analysts at K33 Research, a crash to this zone between $101,000 and $94,000 would be the best time for bullish traders to load up on any more Bitcoin before the next move up. The firm’s model suggests that should Bitcoin retrace into this band, that zone may well represent the optimal risk-reward crossroads for long-term investors. Bitcoin’s midterm momentum is starting to turn bearish, but it has managed to hold up above $110,000. Despite this, bullish analysts are still pointing to new all-time highs before the end of 2025. At the time of writing, Bitcoin is trading at $112,550, up by 1.5% in the past 24 hours.
Cryptocurrency analyst Timothy Peterson has shared a remarkable seasonal analysis of Bitcoin's price movements. According to Peterson, September 21st is the worst day of the year for Bitcoin. The analyst argued that there's about an 80% chance Bitcoin will fall on that date. According to Peterson's data, the average daily loss on September 21st was one of the steepest declines of the year, with a median daily loss of -2.00%. March 22nd came in second with a daily loss of -1.52%, and September 24th came in third with a daily loss of -1.50%. This makes two of Bitcoin's three worst days of the year in just four days. Related News: JUST IN: New Details Emerge on the Anticipated $1 Billion Solana (SOL) Purchase The analyst also reminded that Bitcoin lost 6.5% of its value in August and predicted that, in line with this seasonal pattern, the price could be in the range of $97,000 – $113,000 by the end of September. Peterson added that such fluctuations are part of a seasonal pattern that goes back many years. At the time of writing, the BTC price is trading at $111,253. *This is not investment advice. Continue Reading: Watch Out: The Worst Day of the Year for Bitcoin Has Been Identified and It’s Close – Here’s the Date to Prepare For
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A tightening Bollinger Band formation on Pi Network’s daily chart is flashing early signs of a breakout, adding fuel to bullish PI coin price predictions . Despite ongoing token unlocks, the market appears to be absorbing the supply with increasing demand, forming a solid support base around $0.34. At the macro level, weaker-than-expected August labor data has reignited investor optimism for aggressive Fed rate cuts – a shift that could trigger major upside across altcoins like PI. All you need to know: The US now has more unemployed people than job openings. In 2 weeks, the Fed will cut rates and “blame” a collapsing labor market. A lot is about to change. — The Kobeissi Letter (@KobeissiLetter) September 5, 2025 Markets now place 100% odds of U.S. interest rate cuts two weeks away, and a base-case of 75 bsp before year-end, with the potential to stimulate new demand for risk assets like Solana. Boilinger Bands Tighten for Explosive Wyckoff Setup Support found at $0.34 could be the next PI coin price floor as Bollinger bands point to easing volatility, narrowing over the past few weeks. PI / USDT 1-day chart, Boilinger bands mirror May short-squeeze. Source: TradingView. In most cases, the narrowing spread leads to a short squeeze, as it did in early May just before an almost 200% rally. However, this time around, the move could be much bigger with Pi Network flashing the accumulation phase of a Wyckoff setup. This phase is characterized by low volume, sideways movement, and multiple tests of key resistance levels, as the PI coin has with its narrow consolidation between $0.34 and $0.40. Once broken, the accumulation leads to a major markup, setting PI up for its next rally after a prolonged markdown. PI Coin Price Prediction: Wyckoff Setup Points to New Highs The support found at $0.34 affirms a confluence zone pushing PI closer to the breakout of a descending channel pattern forming since mid-May. PI / USDT 1-day chart, descending channel nears breakout. Source: TradingView. The support now approaches the upper boundary of the channel in a potential breakout setup. Still, momentum indicators are yet to flip bullish. The RSI struggles to hold above the 50 neutral line, currently in the low 40s, suggesting weak buyer conviction. The MACD is also on shaky ground, edging toward a possible death cross that could put the $0.34 support at risk of breakdown. Yet macro conditions could shift the balance. With rate cuts poised to boost demand, PI could break out of its accumulation zone and rally 60% to the channel’s $0.55 target. A confirmed move would mark Wyckoff’s markup phase, positioning PI to retest its May local high and secure a potential 400% gain. However, if this extends to its past all-time high around $3 , PI could enter new price discovery and target the next major milestone at $5, presenting a potential 13x move. There Are Just 12 Hours Left To Catch This ICO Early Those who chose alternative Layer 1s like Pi Network over the leading crypto may be forced to reconsider, as the Bitcoin ecosystem finally addresses its biggest limitation: ecosystem growth. Bitcoin Hyper ($HYPER) is bridging Bitcoin’s reliability with Solana’s lightning-fast tech, creating a Layer-2 network that’s both secure and incredibly efficient. Slow transactions, high fees, and limited programmability have held Bitcoin back from competing with Ethereum and Solana, until now. And just in time. With some analysts predicting BTC could hit $250,000 this cycle as the macro narrative favors risk assets like cryptocurrencies, $HYPER is well-positioned to ride the wave. The presale has already raised over $14 million, but time is running out to secure it at pre-launch prices. Join the Bitcoin Hyper ($HYPER) presale now on the official website to get in before it sees new demand on major exchanges. There are just hours left until the next price rise. Visit the Official Website Here To keep up with Bitcoin Hyper, follow them on X (formerly Twitter) and Telegram . The post Pi Coin Price Prediction: Bollinger Bands Explode Tight – Wyckoff Signals Incoming Face-Melter Rally appeared first on Cryptonews .
The Saxony Bitcoin sale refers to the state’s liquidation of seized Movie2K-related cryptocurrency; Arkham Intelligence now reports a separate, untouched Movie2K Bitcoin stash of roughly 45,000 BTC, potentially worth billions