Ethereum

Bitcoin

Silk Road

<a href="https://optimisus.com/market/market-news/us-government-may-freeze-american-bank-withdrawals-as-currency-crisis-looms-says-hugh-hendry/" rel="noopener noreferrer nofollow">The US government</a> has sent 30,175 bitcoins worth around $2 billion to a Coinbase-linked wallet, the largest transaction since a prior auction over a year ago.  
The decision follows Argentina's new crypto registration requirements, which elicited mixed reactions from the Bitcoin community.  
Figure Markets, a bitcoin exchange, is attempting to democratize financial services. Coinbase has expressed concern about potential risks in the Ethereum restaking market.  
In March 2023, the government offloaded 9,861 bitcoins worth $216 million that had been seized from the Silk Road website.  
This shift matches a larger trend in the CoinDesk 20 Index, indicating the market's sensitivity to large government Bitcoin transactions. 
The post <a href="https://optimisus.com/news/crypto-news/us-government-shifts-2b-in-bitcoin-to-coinbase-sparking-slight-market-dip/" rel="noopener noreferrer nofollow">US government shifts $2B in Bitcoin to Coinbase, sparking slight market dip</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

US government shifts $2B in Bitcoin to Coinbase, sparking slight market dip

Optimisus

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