USGovernment
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The US government recently moved 3,375 ETH ($11.75 million) to the new wallet "0x5ac":
Transaction: 0x577d3256d1eb070ae640f9a82e433e006141933ccaa7b68ced94161768f08377
US government's address: 0x05524556b53254ea27bf85c572ff173a9b72e049
New address: 0x5ac4c3db2d6aed78db1640af52adccb2122a1871
This marks the first significant outward transfer of ETH by the US government since April 4, 2024 (3 months ago), when they moved 4,567 ETH ($15.2 million) to a new wallet at a price of $3,329.
Currently, the US government still holds 49,320 ETH ($172 million).
#USGovernment
Transaction: 0x577d3256d1eb070ae640f9a82e433e006141933ccaa7b68ced94161768f08377
US government's address: 0x05524556b53254ea27bf85c572ff173a9b72e049
New address: 0x5ac4c3db2d6aed78db1640af52adccb2122a1871
This marks the first significant outward transfer of ETH by the US government since April 4, 2024 (3 months ago), when they moved 4,567 ETH ($15.2 million) to a new wallet at a price of $3,329.
Currently, the US government still holds 49,320 ETH ($172 million).
#USGovernment
🚨 JUST IN: The "US Government" wallet transferred 11.84 $BTC ($726K) to 3KHnTqDh2LUmzYe8hgSnxY2QHFcNmuuso9 at 13:02 (UTC)
This might be a small test before a larger transfer.
#US #government #USGovernment #Prediction #TrendingTopic
This might be a small test before a larger transfer.
#US #government #USGovernment #Prediction #TrendingTopic
US Government Deposits 3,940 $BTC into Coinbase Prime!
Yesterday, US government wallets deposited 3,940 BTC, valued at approximately $241.22 million, into Coinbase Prime.
Currently, the US government holds 213,546 BTC, valued at approximately $13.07 billion.
#USGovernment
Yesterday, US government wallets deposited 3,940 BTC, valued at approximately $241.22 million, into Coinbase Prime.
Currently, the US government holds 213,546 BTC, valued at approximately $13.07 billion.
#USGovernment
LIVE
CoinDesk
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Bitcoin Falls After U.S. Sends $240M Worth of Silk Road-Related BTC to Coinbase
Bitcoin {{BTC}} fell back towards $60,000 on Wednesday, after a wallet tagged to the U.S. Government moved about $240 million worth of seized BTC to a Coinbase Prime address, igniting concerns among traders that the digital assets will likely to be sold.
Some 3,940 bitcoin originally seized from a Silk Road vendor was moved by the the wallet, according to an Arkham Intelligence social media post. "This BTC was originally seized from narcotics trafficker Banmeet Singh, and forfeited at trial in January 2024," the post said.
Update: US Government Sends $240M BTC to Coinbase PrimeThe US Government just moved 3,940 BTC ($240M) to Coinbase Prime.This BTC was originally seized from narcotics trafficker Banmeet Singh, and forfeited at trial in January 2024.Transaction: https://t.co/hZ1CwqWCmF pic.twitter.com/9t6k8Wdizq
— Arkham (@ArkhamIntel) June 26, 2024
The last movement by the government— which in late 2022 seized roughly 50,000 bitcoin related to the Silk Road website—was $2 billion worth of bitcoin on April 2, which at the time also put pressure on digital markets. The last confirmed sale by the government was in March 2023, when it unloaded 9,861 coins for $216 million.
Attempting a modest bounce from its Mt. Gox-related tumble earlier this week, bitcoin slipped back below $61,000 as the news hit. It's since edged back to $61,100 down 1% over the past 24 hours, with the broader CoinDesk 20 Index lower by about the same amount. Ether {{EHT}} also slipped on the news, falling 1.6% on the day.
Read more: Mt. Gox to Begin Repayments in July; BTC Slides Under $61K
Some 3,940 bitcoin originally seized from a Silk Road vendor was moved by the the wallet, according to an Arkham Intelligence social media post. "This BTC was originally seized from narcotics trafficker Banmeet Singh, and forfeited at trial in January 2024," the post said.
Update: US Government Sends $240M BTC to Coinbase PrimeThe US Government just moved 3,940 BTC ($240M) to Coinbase Prime.This BTC was originally seized from narcotics trafficker Banmeet Singh, and forfeited at trial in January 2024.Transaction: https://t.co/hZ1CwqWCmF pic.twitter.com/9t6k8Wdizq
— Arkham (@ArkhamIntel) June 26, 2024
The last movement by the government— which in late 2022 seized roughly 50,000 bitcoin related to the Silk Road website—was $2 billion worth of bitcoin on April 2, which at the time also put pressure on digital markets. The last confirmed sale by the government was in March 2023, when it unloaded 9,861 coins for $216 million.
Attempting a modest bounce from its Mt. Gox-related tumble earlier this week, bitcoin slipped back below $61,000 as the news hit. It's since edged back to $61,100 down 1% over the past 24 hours, with the broader CoinDesk 20 Index lower by about the same amount. Ether {{EHT}} also slipped on the news, falling 1.6% on the day.
Read more: Mt. Gox to Begin Repayments in July; BTC Slides Under $61K
🚨 𝐀 𝐓𝐖𝐄𝐄𝐓 𝐅𝐎𝐑
𝐄𝐕𝐄𝐑𝐘 𝐂𝐑𝐘𝐏𝐓𝐎 𝐈𝐍𝐕𝐄𝐒𝐓𝐎𝐑 🚨
Are you on the lookout for the perfect timing to dive into the cryptocurrency sphere?
Here's a rundown of major FUDs (Fear, Uncertainty, Doubt) since November 2022:
➜ November 2022: FTX insolvency scare
➜ December 2022: Allegations of a #Binance妇女节 bank crisis
➜ January 2023: #GENESIS facing financial troubles
➜ February 2023: Reports of a crypto bank collapse
➜ March 2023: #USDC facing depegging rumors
➜ April 2023: Rumors of #USGovernment selling BTC holdings
➜ May 2023: Speculations about Binance's financial health
➜ June 2023: #SEC's intensified crackdown on cryptocurrencies
➜ July 2023: Concerns over Tether depegging
➜ August 2023: SpaceX's alleged BTC sell-off
➜ September 2023: US government's partial shutdown and FTX's billion-dollar liquidation
➜ October 2023: Binance executives resignations and legal challenges
➜ November 2023: Distribution of BTC from Mt. Gox
➜ December 2023: Possible delay of ETF approval
➜ January 2024: Grayscale's selling pressure on Bitcoin
➜ February 2024: Genesis offloading GBTC holdings
➜ March 2024: Speculations about Bitcoin reaching its peak
Interestingly, despite these FUD events, Bitcoin surged from $15500 to $74,000, showcasing a remarkable 365% growth.
The takeaway?
There's no perfect moment to enter the crypto market. Instead, consider dollar-cost averaging (DCA) and seize buying opportunities during FUD periods.
Sell when the market is gripped by FOMO (Fear of Missing Out).
If you found this insightful, give it a thumbs up and share it with your crypto peers who might be waiting for the ideal timing to join the fray.
Thankyou for your support
𝐄𝐕𝐄𝐑𝐘 𝐂𝐑𝐘𝐏𝐓𝐎 𝐈𝐍𝐕𝐄𝐒𝐓𝐎𝐑 🚨
Are you on the lookout for the perfect timing to dive into the cryptocurrency sphere?
Here's a rundown of major FUDs (Fear, Uncertainty, Doubt) since November 2022:
➜ November 2022: FTX insolvency scare
➜ December 2022: Allegations of a #Binance妇女节 bank crisis
➜ January 2023: #GENESIS facing financial troubles
➜ February 2023: Reports of a crypto bank collapse
➜ March 2023: #USDC facing depegging rumors
➜ April 2023: Rumors of #USGovernment selling BTC holdings
➜ May 2023: Speculations about Binance's financial health
➜ June 2023: #SEC's intensified crackdown on cryptocurrencies
➜ July 2023: Concerns over Tether depegging
➜ August 2023: SpaceX's alleged BTC sell-off
➜ September 2023: US government's partial shutdown and FTX's billion-dollar liquidation
➜ October 2023: Binance executives resignations and legal challenges
➜ November 2023: Distribution of BTC from Mt. Gox
➜ December 2023: Possible delay of ETF approval
➜ January 2024: Grayscale's selling pressure on Bitcoin
➜ February 2024: Genesis offloading GBTC holdings
➜ March 2024: Speculations about Bitcoin reaching its peak
Interestingly, despite these FUD events, Bitcoin surged from $15500 to $74,000, showcasing a remarkable 365% growth.
The takeaway?
There's no perfect moment to enter the crypto market. Instead, consider dollar-cost averaging (DCA) and seize buying opportunities during FUD periods.
Sell when the market is gripped by FOMO (Fear of Missing Out).
If you found this insightful, give it a thumbs up and share it with your crypto peers who might be waiting for the ideal timing to join the fray.
Thankyou for your support
(Lookonchain on X)
The #USGovernment transferred 15,085 #BTC ($921M) to 2 new wallets.
And #USGovernment currently holds 200.16K $BTC ($12.3B).
The #USGovernment transferred 15,085 #BTC ($921M) to 2 new wallets.
And #USGovernment currently holds 200.16K $BTC ($12.3B).
💰 The assessed value of Bitcoin (BTC) held by the U.S. government has surged from $5 billion to approximately $8.3 billion due to recent BTC price increases. The government revealed that it confiscated 207,189 BTC from the Silk Road dark web market since November 2020. In February, it sold 9,861 BTC on Coinbase at an average price of $21,800, making a profit of $15 million, despite selling at half the current price. If the government had held onto all confiscated BTC without selling, it would now be valued at around $17.4 billion (approximately 400,000 BTC). 💵📈 #Bitcoin #USGovernment #CryptoValue
US government is dumping on us 😒
U.S. Government [Silk Road DOJ Confiscated Funds] moving 30k BTC to Coinbase Prime
*Txn initiated 27 minutes ago
*Acc. to Arkham labels
Source:
https://twitter.com/usdcoinprinter/status/1775188960035115132
#SilkRoad #USGovernment #btcdumping
U.S. Government [Silk Road DOJ Confiscated Funds] moving 30k BTC to Coinbase Prime
*Txn initiated 27 minutes ago
*Acc. to Arkham labels
Source:
https://twitter.com/usdcoinprinter/status/1775188960035115132
#SilkRoad #USGovernment #btcdumping
The accumulation of United States government debt has undergone a significant surge over the last twenty years, soaring from 5.6 trillion dollars in 2000 to 12.3 trillion dollars in 2010. This upward trajectory persists, with the national debt now towering at $34.59 trillion by 2024.
This escalation can be attributed to various factors, including governance issues, stimulus initiatives, heightened government expenditures, and the economic repercussions experienced in recent years.
#UnitedStates #USGovernment #BullorBear #crypto2024
This escalation can be attributed to various factors, including governance issues, stimulus initiatives, heightened government expenditures, and the economic repercussions experienced in recent years.
#UnitedStates #USGovernment #BullorBear #crypto2024
The U.S. Government now holds over 212,000 $BTC, ranking as one of the largest #Bitcoin holders globally! #CryptoNews #USGovernment
🇺🇸 The U.S. government reportedly holds over 200,000 Bitcoins, worth over $5 billion, confiscated from cybercriminals, but doesn't actively engage in the market or speculate on prices. #bitcoin #USGovernment 💰🤝
US files notice to sell $130 million worth of #Bitcoin from Silk Road.
The US government filed a notice to sell 2874 Bitcoins ($130 million) seized from the illegal marketplace Silk Road.
#USGovernment #SilkRoad #SilkRoadBitcoin
The US government filed a notice to sell 2874 Bitcoins ($130 million) seized from the illegal marketplace Silk Road.
#USGovernment #SilkRoad #SilkRoadBitcoin
💰 Silk Road Bitcoin Transfer: US Government Moves $1.98B!
In a significant move, the US government has initiated the transfer of 30,174.703 BTC, previously seized from Silk Road operations. Among these transfers, a notable 2,000 BTC ($131.65M) found its way into the Coinbase Prime wallet.
🔍 Explore the transactions:
9c3af4b48e66565f1da1da8278036fa1dbb09f2beaaca99c3504475390ba4590
b614dd2e0fa06d776ee4d45973fab5ceb6e2dfebfb84e5f7bd45ef0975455240
#USGovernment
In a significant move, the US government has initiated the transfer of 30,174.703 BTC, previously seized from Silk Road operations. Among these transfers, a notable 2,000 BTC ($131.65M) found its way into the Coinbase Prime wallet.
🔍 Explore the transactions:
9c3af4b48e66565f1da1da8278036fa1dbb09f2beaaca99c3504475390ba4590
b614dd2e0fa06d776ee4d45973fab5ceb6e2dfebfb84e5f7bd45ef0975455240
#USGovernment
📉 Recent Crypto Market Crash Update 📉
Hey everyone, I wanted to share some important insights about the recent crash in the crypto market. It seems that the crash was triggered by the US government seizing BTC from Silk Road. 😟 Reports indicate they've got their hands on 50,000 BTC, and they're not planning to sell them at a low price. This news has stirred up a lot of uncertainty, but experts suggest the market won't crash completely. 🧐
Currently, the market is slowly recovering from the crash, but the impact of this news is still uncertain and needs to be closely monitored. Additionally, the BTC halving is slated for April 20th, which could impact prices further. On top of that, there's an ongoing air drop campaign in the market, which might lead to a temporary drop in prices. However, it's expected to bounce back quickly. 💪
Despite the volatility, there's optimism that the market will reach $6000 before the halving. However, it's essential to trade cautiously during this period. On the bright side, new projects and partnerships are on the horizon, which could contribute to a rise in prices. 🚀 Overall, while the market is in a volatile state, there's hope that it will recover completely by the end of 2024. Let's stay informed and navigate these uncertain times together. 💼💫
Don't forget to follow, like, and share to keep others informed about the latest updates in the crypto market! 📈💬✨
#UpdateAlert #HotTrends #CryptoInsights🚀💰📉 #USGovernment #BullorBear
Hey everyone, I wanted to share some important insights about the recent crash in the crypto market. It seems that the crash was triggered by the US government seizing BTC from Silk Road. 😟 Reports indicate they've got their hands on 50,000 BTC, and they're not planning to sell them at a low price. This news has stirred up a lot of uncertainty, but experts suggest the market won't crash completely. 🧐
Currently, the market is slowly recovering from the crash, but the impact of this news is still uncertain and needs to be closely monitored. Additionally, the BTC halving is slated for April 20th, which could impact prices further. On top of that, there's an ongoing air drop campaign in the market, which might lead to a temporary drop in prices. However, it's expected to bounce back quickly. 💪
Despite the volatility, there's optimism that the market will reach $6000 before the halving. However, it's essential to trade cautiously during this period. On the bright side, new projects and partnerships are on the horizon, which could contribute to a rise in prices. 🚀 Overall, while the market is in a volatile state, there's hope that it will recover completely by the end of 2024. Let's stay informed and navigate these uncertain times together. 💼💫
Don't forget to follow, like, and share to keep others informed about the latest updates in the crypto market! 📈💬✨
#UpdateAlert #HotTrends #CryptoInsights🚀💰📉 #USGovernment #BullorBear