Ethereum

Bitcoin

Arkham

April

when

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>The US government holds crypto, including Bitcoin and Ethereum, worth about $15.27 billion, Arkham reports.</li> 
 <li>The report reveals other countries’ government crypto holdings, including the UK, Germany, and El Salvador.</li> 
</ul> 
<p>The US government reportedly holds crypto assets worth approximately $15.27 billion, according to <a href="https://platform.arkhamintelligence.com/dashboards/view?dashboardID=47d779bb-3c6f-4dd3-8f8e-1f6602e2f631&amp;editMode=false" rel="nofollow noopener" target="_blank">data</a> from Arkham. These include almost 213k BTC and almost 46k ETH.</p> 
<p>The same source reveals that the British government holds about 61k BTC worth approximately $4.3 billion.</p> 
<p>The German government is reportedly holding about 50k BTC worth approximately $3.5 billion. El Salvador’s government holds about 5.7k BTC worth approximately $405 million.</p> 
<p>El Salvador was recently in the news following the announcement that it’s returning to global debt markets.</p> 
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
 <p lang="en" dir="ltr">Our team created a dashboard featuring the Governments with the largest crypto holdings.</p> 
 <p>For each country, you can see their current BTC balance, balance history in USD, and a real-time feed of their most recent transactions.</p> 
 <p>Some of the largest countries on Arkham are the US,… <a href="https://t.co/jKRmKJCVfn" rel="nofollow" target="_blank">pic.twitter.com/jKRmKJCVfn</a></p> 
 <p>— Arkham (@ArkhamIntel) <a href="https://twitter.com/ArkhamIntel/status/1778741086418059740?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">April 12, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h2 id="el-salvador-returns-to-global-debt-markets-with-dual-tranche-offer">El Salvador returns to global debt markets with dual-tranche offer</h2> 
<p>According to <a href="https://www.bloomberg.com/news/articles/2024-04-11/el-salvador-returns-to-debt-market-with-marco-linked-bond" rel="nofollow noopener" target="_blank">Bloomberg</a> reports, El Salvador is returning to global debt markets with a dual-tranche offer, which includes a bond that will pay investors a higher interest rate unless the government can win credit upgrades or a deal with the IMF.</p> 
<p>According to the reports, in the first tranche the Central American nation raises the dollar debt due in 20230 with initial price talks in the low 12% area, which amortized starting in 2028.</p> 
<p>The other offering is an interest-only bond with a coupon tied to the nation’s credit score or its success in dealing with he IMF, Bloomberg notes.</p> 
<p>Today, <a href="https://www.nasdaq.com/articles/imf-demands-changes-to-el-salvadors-bitcoin-law%3A-report" rel="nofollow noopener" target="_blank">NASDAQ</a> revealed that the IMF is demanding changes to El Salvador’s pro-Bitcoin law, hindering the country’s attempt to secure a $1.4 billion credit line.</p> 
<p>El Salvador made history back in 2021 when the country adopted Bitcoin as legal tender.</p> 
<h2 id="8-days-more-to-go-until-the-bitcoin-halving-event">8 days more to go until the Bitcoin halving event</h2> 
<p>Bitcoin is now 8 days ahead of the important<a href="https://crypto.ro/en/news/pre-halving-bitcoin-mining-complexity-reaches-record-86t/"> halving event</a> scheduled to take place on April 20.</p> 
<figure id="attachment_39100" aria-describedby="caption-attachment-39100" style="width: 100%" class="wp-caption alignnone">
 <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="nofollow noopener" target="_blank"><img decoding="async" class="wp-image-39100 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/04/BTC_7D_graph_coinmarketcap-15.jpg" alt="BTC price trajectory" width="738" height="475" title="US Government Holds Crypto Worth Over $15B 5" srcset="https://crypto.ro/en/wp-content/uploads/2024/04/BTC_7D_graph_coinmarketcap-15.jpg 738w, https://crypto.ro/en/wp-content/uploads/2024/04/BTC_7D_graph_coinmarketcap-15-300x193.jpg 300w" sizes="(max-width: 738px) 100vw, 738px"></a>
 <figcaption id="caption-attachment-39100" class="wp-caption-text">
  BTC price trajectory
 </figcaption>
</figure> 
<p>At the moment of writing this article, BTC continues to trade above $70k, and the coin is down by 1% in the past 24 hours on <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="nofollow noopener" target="_blank">CoinMarketCap</a>.</p> 
<p>Bitcoin managed to&nbsp;<a href="https://crypto.ro/en/news/bitcoin-reclaims-70k-following-cpi-induced-price-drop/">regain the $70k level</a>&nbsp;following a short dip in price after the results of the CPI report came in a couple of days ago.</p> 
<p>Bitcoin ETFs also continue to remain in the spotlight these days, especially with the latest numbers showing a <a href="https://crypto.ro/en/news/bitcoin-etfs-see-91-27m-inflows-btc-steady-above-70k/">significant influx.</a> Also, the announcement that Hong Kong will most likely approve <a href="https://crypto.ro/en/news/bitcoin-ethereum-etfs-could-see-hong-kong-approval-on-monday/">Bitcoin and Ethereum ETFs</a> on Monday is adding to the hype around the crypto-based products.</p>

US Government Holds Crypto Worth Over $15B

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