Big news is shaking up the crypto world! The US government just moved $1.9 billion worth of Bitcoin related to the Silk Road marketplace to Coinbase Prime. Nearly 20,000 of these BTC were previously seized from fraudster James Zhong, who hid them in unexpected places.

Although the price of Bitcoin dropped slightly after the transfer, the market remained stable. The US government still holds $18 billion worth of Bitcoin and is working with Coinbase Prime to manage the assets. There is an interesting proposal to make Bitcoin a strategic national reserve. 💼

Coinbase Prime and blockchain analytics firms like Arkham Intelligence play a vital role in maintaining transparency and trust in the crypto space. 🌐