Bitcoin

The US government moved $2 billion worth of Bitcoin it took from the Silk Road to new addresses. This is in line with former President Donald Trump’s plan to stop selling Bitcoin owned by the government if he wins the election again.The on-chain data from Arkham Intelligence showed that about 28,000 <a href="https://optimisus.com/news/crypto-news/us-government-shifts-2b-in-bitcoin-to-coinbase-sparking-slight-market-dip/" rel="noopener noreferrer nofollow">BTC</a> were moved from the DOJ-confiscated funds on the Silk Road to two different accounts. The move has sparked a lot of interest and discussion in the crypto world.Bitcoins were sent to the address ‘bc1qs’ at first, and then they were split between two new addresses. One got 10,000 BTC, which is worth $669.35 million, and the other got 19,800 BTC, which is worth $1.33 billion.The US government still has more than $12 billion in Bitcoin, even after this move. It’s important that this exchange happened only two days after Trump said he would stop the sale of government Bitcoin if he won the election.Just last week, Arkham Intelligence <a href="https://optimisus.com/news/crypto-news/the-us-government-transfers-4-million-in-seized-bitcoin-to-coinbase/" rel="noopener noreferrer nofollow">revealed that the US government transferred $4 million</a> worth of confiscated Bitcoin to Coinbase, a popular cryptocurrency exchange.

The US government moves $2 billion in seized Bitcoin after Trump vowed to hold onto government crypto

Optimisus

Altri articoli pubblicati su 30 lug 2024

Ethereum’s Open Interest Reflects Increased Investor Confidence

This Memecoin Going Aganist the Trend-Will BOOK OF MEME (BOME) Price Dominate the Markets?

Leading Projects at the Forefront of Blockchain Gaming Revolution

US spot Ethereum ETFs saw $98.3 million in net outflows, extending negative flow streak

Ethereum price will lag for ‘months’ as Bitcoin surges: X Hall of Flame, Roman

SEC Drops $SOL and $ADA Securities Request

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!