USGovernment
383,148 views
80 Posts
Hot
Latest
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
LIVE
CoinDesk
--
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
â Arkham (@ArkhamIntel) June 26, 2024
The last movement by the governmentâ which in late 2022 seized roughly 50,000 bitcoin related to the Silk Road websiteâwas $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
â Arkham (@ArkhamIntel) June 26, 2024
The last movement by the governmentâ which in late 2022 seized roughly 50,000 bitcoin related to the Silk Road websiteâwas $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
(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).
đ Only the government of El Salvador is increasing its $BTC reserves in 2024, buying 1 BTC every day, the rest of the countries are gradually selling out.
As of today, the #USGovernment has 214,361 BTC, the #UKGovernment - 61,245 BTC, the #Germany - 26,686 BTC, and #ElSalvadors - 5,806 BTC
As of today, the #USGovernment has 214,361 BTC, the #UKGovernment - 61,245 BTC, the #Germany - 26,686 BTC, and #ElSalvadors - 5,806 BTC
U.S. Senator Bob Menendez, a vocal #crypto critic, was found guilty of accepting bribes, including gold bars and a luxury car.
Menendez once called $BTC "an ideal choice for criminals." đ€
#US #SenatorMenendez #USGovernment #TrendingTopic
Menendez once called $BTC "an ideal choice for criminals." đ€
#US #SenatorMenendez #USGovernment #TrendingTopic
đš đ đđđđđ đ
đđ
đđđđđ đđđđđđ đđđđđđđđ đš
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:
â November 2022: FTX insolvency scare
â December 2022: Allegations of a #BinancećŠć„łè bank crisis
â January 2023: #GENESIS facing financial troubles
â February 2023: Reports of a crypto bank collapse
â March 2023: #USDC facing depegging rumors
â April 2023: Rumors of #USGovernment selling BTC holdings
â May 2023: Speculations about Binance's financial health
â June 2023: #SEC's intensified crackdown on cryptocurrencies
â July 2023: Concerns over Tether depegging
â August 2023: SpaceX's alleged BTC sell-off
â September 2023: US government's partial shutdown and FTX's billion-dollar liquidation
â October 2023: Binance executives resignations and legal challenges
â November 2023: Distribution of BTC from Mt. Gox
â December 2023: Possible delay of ETF approval
â January 2024: Grayscale's selling pressure on Bitcoin
â February 2024: Genesis offloading GBTC holdings
â 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
đđđđđ đđđđđđ đđđđđđđđ đš
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:
â November 2022: FTX insolvency scare
â December 2022: Allegations of a #BinancećŠć„łè bank crisis
â January 2023: #GENESIS facing financial troubles
â February 2023: Reports of a crypto bank collapse
â March 2023: #USDC facing depegging rumors
â April 2023: Rumors of #USGovernment selling BTC holdings
â May 2023: Speculations about Binance's financial health
â June 2023: #SEC's intensified crackdown on cryptocurrencies
â July 2023: Concerns over Tether depegging
â August 2023: SpaceX's alleged BTC sell-off
â September 2023: US government's partial shutdown and FTX's billion-dollar liquidation
â October 2023: Binance executives resignations and legal challenges
â November 2023: Distribution of BTC from Mt. Gox
â December 2023: Possible delay of ETF approval
â January 2024: Grayscale's selling pressure on Bitcoin
â February 2024: Genesis offloading GBTC holdings
â 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
đșđž 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 đ°đ€
đš 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
đ Exciting Developments in the Crypto World! đ
1ïžâŁ **Elon Musk**
updated his X profile picture with laser eyes, signaling a bullish stance on Bitcoin and crypto! As one of the world's wealthiest individuals, this reflects renewed confidence in the market.
2ïžâŁ **Larry Fink**,
CEO of BlackRock, is a potential candidate for U.S. Treasury Secretary. If appointed, there's speculation the U.S. might print dollars to buy Bitcoin and Ethereum!
3ïžâŁ Imagine a U.S. government fully supporting Bitcoin! This could mean regulatory clarity, tax incentives, and possibly using Bitcoin as a reserve asset, driving innovation and strengthening the U.S. position in the global digital economy.
4ïžâŁ **President Biden**
has exited the presidential race, leading to speculation about new candidates. This development is expected to make the race more challenging for Trump. Bitcoin is already experiencing fluctuations in response to this news.
5ïžâŁ **Donald Trump**
mentioned that Kamala Harris would be an easier opponent to defeat in a political race.
6ïžâŁ If Trump becomes President, Larry Fink might be appointed as the U.S. Treasury Secretary.
Stay tuned for more updates and get ready for an exciting journey ahead! đđž #Crypto
$BTC $ETH $BNB #ElonMusk #LarryFink #USGovernment #Blockchain #DigitalEconomy
1ïžâŁ **Elon Musk**
updated his X profile picture with laser eyes, signaling a bullish stance on Bitcoin and crypto! As one of the world's wealthiest individuals, this reflects renewed confidence in the market.
2ïžâŁ **Larry Fink**,
CEO of BlackRock, is a potential candidate for U.S. Treasury Secretary. If appointed, there's speculation the U.S. might print dollars to buy Bitcoin and Ethereum!
3ïžâŁ Imagine a U.S. government fully supporting Bitcoin! This could mean regulatory clarity, tax incentives, and possibly using Bitcoin as a reserve asset, driving innovation and strengthening the U.S. position in the global digital economy.
4ïžâŁ **President Biden**
has exited the presidential race, leading to speculation about new candidates. This development is expected to make the race more challenging for Trump. Bitcoin is already experiencing fluctuations in response to this news.
5ïžâŁ **Donald Trump**
mentioned that Kamala Harris would be an easier opponent to defeat in a political race.
6ïžâŁ If Trump becomes President, Larry Fink might be appointed as the U.S. Treasury Secretary.
Stay tuned for more updates and get ready for an exciting journey ahead! đđž #Crypto
$BTC $ETH $BNB #ElonMusk #LarryFink #USGovernment #Blockchain #DigitalEconomy
