Bitcoin

<ul><li>Trump vows to keep all seized Bitcoin as a strategic reserve if re-elected.</li><li>Peter Schiff predicts the Biden administration will sell all Bitcoin before Trump takes office.</li><li>Bitcoin skeptic Schiff criticizes the &#34;never sell your Bitcoin&#34; stance by Trump and Saylor.</li></ul>The U.S. government&#39;s handling of its substantial Bitcoin holdings has come under scrutiny following recent statements by former President Donald Trump and speculations by economist Peter Schiff. Trump, speaking at the Bitcoin Conference 2024 in Nashville, Tennessee, pledged to maintain all seized Bitcoin as part of a &#34;strategic reserve&#34; if re-elected.DOJ Transfers $2 Billion in BitcoinOn Monday, the U.S. Department of Justice (DOJ) <a href="https://cryptotale.org/u-s-government-moves-2-billion-in-bitcoin-amid-trumps-crypto-promises/" rel="noopener noreferrer nofollow">transferred</a> approximately 29,799.99 BTC, valued at $2 billion, to an unknown Pay-to-Witness-Public-Key-Hash (P2WPKH) wallet. The movement of these funds has heightened speculation, with Schiff, a noted Bitcoin skeptic, asserting that the Biden administration intends to liquidate all its Bitcoin holdings before Trump could potentially take office. According to Arkham Intelligence, despite this transfer, the U.S. government still controls 183,439 BTC, worth over $12 billion.<a href="https://cryptotale.org/u-s-govt-bitcoin-holdings-under-scrutiny-after-trumps-strategic-reserve-proposal/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

U.S. Govt. Bitcoin Holdings Under Scrutiny After Trump's Strategic Reserve Proposal

CryptoTale

Outros artigos publicados em 31 de jul. de 2024

Solana Gains Clarity as SEC Excludes it From Securities, ETF Launch Imminent

Is A Major Bitcoin Dip Coming? What the Coinbase Index Tells Us

SHIB News: Will Shiba Inu coin Reach $1 in August?

Kamala Harris Crypto Stance Questioned As She Mulls Anti-Crypto VP Choice

Bitcoin drops below $66k as Mt. Gox moves $2b

XRP Outperforms Bitcoin, Ethereum To Rise As Top Gainer Today, Analyst Predicts 'Bullish Breakout...

Join our free newsletter for daily crypto updates!