The US 🇺🇸 Senate has proposed a 1% WEALTH TAX on #Bitcoin holdings that exceed $500,000.

#BTC🌪️ #btctax #BTC #usgovernment

🔥 Arkham Found a New Bitcoin Wallet Owned by the US Government! How Much BTC Is In It?

🇺🇸 The US Government's Cryptocurrency Holdings Revealed! 🇺🇸

🔍 Arkham, the leading cryptocurrency analysis company, has unveiled a significant discovery: the US Government's BTC wallet! This wallet, previously belonging to drug dealer Banmeet Singh, now houses 3.94k BTC (approx. $251M).

💼 With this addition, the US government's crypto portfolio totals a whopping 216,811k BTC (approx. $13.83B)! 💼

📈 Investors, take note! The influence of corporate giants and governmental bodies on Bitcoin's price is clearer than ever. Stay informed, stay ahead!
#Bitcoin❗️ #usgovernment #CryptoNews🔒📰🚫 #ArkhamInsights 📊
#CryptoWatchMay2024

The blockchain analytics firm Arkham has indeed identified a significant amount of Bitcoin that was seized by the U.S. government.

Here are the key details:

3.94K BTC Seized: The U.S. authorities confiscated approximately 3,940 BTC, valued at around $251 million, from a convicted drug dealer.

Total Holdings: Following this seizure, the U.S. government’s total Bitcoin holdings have reached about 216.788K BTC, which is estimated to be worth $13.82 billion.

Source of Seizure: The majority of these holdings come from criminal seizures, highlighting the government’s efforts in combating illegal activities related to cryptocurrencies.

This case underscores the growing role of blockchain analytics in law enforcement and the significant impact of cryptocurrency seizures on government assets.

#Arkham #Crypto #usgovernment

#Bitcoin on the Move: $1.08B Transferred by Top Entities in Last 16 Days 🔥

Since June 19, the German Government, the US Government, and #MtGox have transferred a total of 17,788 $BTC ($1.08B). 

🔹 The German Government has transferred Bitcoin every day since July 1. All Three currently hold 396,210 BTC (~$23B).
🔹 German Government: 41,226 BTC ($2.28B)
🔹 U.S. Government: 213,297 BTC ($11.72B)
🔹 Mt. Gox: 141,687 #BTC ($7.78B)

Stay tuned for more updates 🔔

$BTC $ETH $FET #usgovernment #germany

From a valuation perspective, Bitcoin has reached a level where it is either at a bottom or due for a major correction, similar to what occurred in the summer of 2021.

#bitcoin #usgovernment #germany #Binance