The Bitcoin spot ETFs received $31 million in inflows on Tuesday, snapping seven consecutive days of outflows. US Congressman Matt Gaetz announces a bill proposing Federal Income Tax payments using Bitcoin. The German government's transfer of 400 BTC worth $24.34 million to exchanges on Tuesday, following the transfer of 1700 BTC in the last week, may negatively impact Bitcoin's price. Bitcoin price trades above $61,000 on Wednesday after rebounding 2.
German Government selling additional $24M BTC In the past 2 hours the German Government has moved 400 BTC to exchange deposits at Kraken and Coinbase. They have also moved 500 BTC to address 139Po. We have yet to see where these funds are moved. pic.twitter.com/D6QCUv9Jgx — Arkham June 25, 2024 US Congressman. Matt Gaetz, an American politician, announced on his official Twitter account that he is introducing a bill that would allow the federal income tax to be paid with Bitcoin.