US Government Moves $770M of Seized Bitcoin to Coinbase Prime
12 Articles
12 Articles
The U.S. government transferred 9,261 BTC valued at USD 770 million to Coinbase Prime. The movement includes Bitcoin linked to prior seizures and assets of hitherto unknown origin, but by itself does not confirm a sale.
US Government Shifts $770M in Bitcoin as Mystery Wallets Emerge
The U.S. government transferred approximately 9,261 BTC, valued at $770 million, to Coinbase Prime on Tuesday and Wednesday, according to Galaxy Research. While much of the bitcoin originated from known criminal seizures, researchers identified another 2,456 BTC from previously unrecognized holdings. The discovery adds a new wrinkle to Washington’s cryptocurrency inventory, which includes billions in […]
US Government Moves 9,261 Bitcoin to Coinbase, Raising Fresh Questions Over a Potential Crypto Sale
The US government has transferred 9,261 Bitcoin to Coinbase Prime, with part of the transaction reportedly tied to cryptocurrency that was only recently identified as belonging to federal authorities. The movement has drawn attention in the cryptocurrency market because 2,456 BTC of the transferred amount was reportedly classified as newly discovered funds connected to seizures […]
The Federal Reserve's hawkish meeting minutes and a large Bitcoin transfer by the US have shaken the cryptocurrency market.
Key Points: • Continued decline, briefly hitting $82,000 • Breakout from a symmetrical triangle pattern, accelerating decline • Linked to oil prices and US long-term interest rates • Some consider US government relocation a contributing factor. Yesterday's BTC Market: Yesterday's BTC market continued... The post Bitcoin briefly hits $82,000; overreaction to US government relocation? [Rakuten Wallet Daily Report] first appeared on NADA NEWS.
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