El Salvador Adds $101M in Bitcoin as Government Buys 1,098 BTC During Market Dip

Key Takeaways: El Salvador acquired an additional 1,090.19 BTC worth about $101 million, its largest single purchase in months. The government’s accumulation goes beyond its ongoing 1 BTC per day The post El Salvador Adds $101M in Bitcoin as Government Buys 1,098 BTC During Market Dip appeared first on CryptoNinjas.

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German government sends over 16,000 BTC to exchanges

The German government wallets have added to the tempo of their Bitcoin (BTC) sell-off by sending more than 16,000 BTC to crypto exchanges and market makers on Monday, July 8. After transferring over 2,700 BTC earlier in the day, the…

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US government transfers 3,940 BTC worth $241 million to Coinbase

US government moved 3,940 Bitcoin (BTC), which was worth over $241 million at the time, to Coinbase. This comes amid another sell-off by the German government, which has sold BTC since last week.

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Russia’s stock exchange ready to list Bitcoin under one condition

Russia’s second-largest bourse is ready to be the first in the country to add support for cryptocurrencies. Saint Petersburg Stock Exchange (SPB Exchange) will list a whole set of cryptocurrencies, including Bitcoin (BTC), once the government legalizes the industry, local…

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Here’s how Bitcoin investors can trade the tension surrounding a U.S. government shutdown

Rumors of a US government shutdown impact asset prices, including Bitcoin. Here’s how BTC options traders can capitalize on the 45 day funding deadline.

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Here’s what the U.S. government shutdown may mean for Bitcoin

James Butterfill expects Bitcoin to rally if the U. S. government shuts down. BTC has a history of performing quite well in times of uncertainty. The world’s largest cryptocurrency is already up close to 4.

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US Forces Young Hacker To Forfeit $5.2 Million In Bitcoin

Last month, Ahmad Wagaafe Hared, a young hacker based in the United States, was ordered to forfeit approximately $5. 2 million worth of Bitcoin (BTC), Stellar (XLM), and a BMW sports car to the government.

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Shanghai to integrate blockchain as Hong Kong becomes crypto hub 

China’s Shanghai has released guidelines for integrating and promoting innovative technologies like blockchain, the metaverse, and digital yuan. The Chinese government has outlawed bitcoin (BTC) and other digital assets.

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RFK Jr. Plans To Back Government Debt With Bitcoin, End BTC Taxes

In an event organized by the Heal-the-Divide PAC, Democratic Presidential Candidate Robert F. Kennedy Jr. revealed his ambitious Bitcoin-oriented policies that, if implemented, could transform the financial landscape of America.

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Bitcoin loses lead in daily transactions: Here's why

Bitcoin fell behind in terms of daily transactions The U.S. government sold confiscated Bitcoins, but this has had no impact on prices so far. Bitcoin [BTC] might be the most popular cryptocThe post Bitcoin loses lead in daily transactions: Here's why appeared first on AMBCrypto.

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Bitcoin: Uncle Sam makes moves - what about your holdings?

The U.S. government moved some of its seized BTC. Traders remained relatively optimistic as long positions dominated the market. Bitcoin [BTC] has been stagnating around the $30,000 - $31,00The post Bitcoin: Uncle Sam makes moves - what about your holdings? appeared first on AMBCrypto.

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Mike Novogratz Says Spot Bitcoin ETFs Will Slingshot BTC’s Price Upwards As Institutional Demand Grows

The outspoken CEO of Galaxy Digital, Mike Novogratz, believes that the recent spate of applications for spot bitcoin exchange-traded funds (ETF) from high-profile asset managers if approved, would represent a “seal of approval” for crypto from the U.S. government and its top securities watchdog.

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US government transfers BTC worth $300m from Coinbase

The US government moved over $297 million worth of bitcoin (BTC) seized from the Silk Road hacker in March. The total amount captured from the hacker was worth over $1 billion — 49,000 bitcoins — in March. At the current…

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US Government Moves BTC Valued At $300M, Prompting Liquidation Fears

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Silk Road BTC Valued at $300M Moved by US Government

US government-linked wallets moved Bitcoin worth over $300 million that are connected to the Silk Road, a once-thriving illegal marketplace on the darknet. The transactions were carried out the transfer...

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Silk Road–Linked Bitcoin Worth $300M Moved by U.S. Government: On-Chain Data

A wallet tagged as belonging to the U.S. government has moved over $300 million worth of bitcoin (BTC) in three separate transactions.

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Russian Official Accused Of Accepting $28 Million Bitcoin Bribe: Scandal Unfolds

A recent report by Local media Kommersant disclosed that Russian regulators uncovered a Bitcoin bribe of 1,032. 1 BTC worth $28 million at the current market price.   Notably, a government official Marat Tambiev allegedly collected the bribe from hacker group members under his investigation.

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Crypto Market Forecast: Week of May 22nd 2023

A curated weekly summary of forward-focused crypto news that matters. This week, a looming US government default may be bullish for BTC, varying global regulatory approaches to Bitcoin creates mixed sentiment, and transaction activity on the Bitcoin blockchain booms because of the ordinals protocol.

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Bitcoin's unexpected ally: Presidential candidate Kennedy shows support amid backlash

Presidential Candidate advocates for Bitcoin. Retail investors begin accumulation. Whale concentration of BTC holdings increased. The U.S. government was the largest public holder of BitcoinThe post Bitcoin's unexpected ally: Presidential candidate Kennedy shows support amid backlash appeared first on AMBCrypto.

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China to train 500k web3 professionals through its new blockchain research center

The Chinese government aims to train at least 500,000 new web3 talents via its newly launched national blockchain research center. The government is also looking to develop a nationwide blockchain network connecting existing ones in the region. While bitcoin (BTC)…

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Assessing Bitcoin's [BTC] losses as it fails to recover from the fake news-induced FUD

The divergence between daily miner revenue and 365-day SMA has broadened since the start of 2023. The data on U. S. government's BTC holdings didn't show any decline since the beginning of May.

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Bitcoin Dips Below $26,500 Amid US Government BTC Sale Rumors

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Examining Bitcoin's [BTC] $27,000 drop: Is it the desired opportunity for dip traders?

BTC's price fell to $27,400 following the sale of BTC holdings by the US government. Price chart readings suggest that the current price might be a good buying opportunity. Bitcoin's [BTC] pThe post Examining Bitcoin's [BTC] $27,000 drop: Is it the desired opportunity for dip traders? appeared first on AMBCrypto.

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XRP Holds Above Key Support As Ripple CEO Predicts Delay Of Verdict

XRP price has shown a strong reaction after the (fake) news of the alleged sale of 9,800 BTC by the US government and the subsequent sell-off across the crypto market, staying above the key support. However, XRP investors have yet another damper to digest today.

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CryptoSlate wMarket Update: False US government Bitcoin selling rumors trigger mild sell-off

In the last 24 hours, the cryptocurrency market cap saw net outflows of around $10 billion and currently stands at $1. 13 trillion — down 0. 36% from $1. 14 trillion. During the period, Bitcoin (BTC) and Ethereum’s (ETH) market cap fell 0.

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Whales Keep Buying Bitcoin, What They Might Know That You Don’t

The Bitcoin price took a major hit yesterday despite a positive surprise in the US Consumer Price Index (CPI), following a rumor that the US government sold 9,800 BTC related to Silk Road. Since then, the market has struggled to recover from the shock.

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Why is the crypto market down today? BTC briefly slips below $27k

Key takeaways The cryptocurrency market is down by roughly 1% over the past 24 hours. Bitcoin briefly dropped to $26,990 earlier today before recovering to now trade above $27,500. The dump came due to reports that there was a transaction with the United States government’s BTC wallet.

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US presidential candidate supports Bitcoin, criticizes CBDCs

U. S. presidential hopeful Robert Kennedy Jr. has supported Bitcoin (BTC) while speaking against central bank digital currencies (CBDCs) in a May 5 Twitter thread. According to Kennedy, currency digitization has already given the government unprecedented powers to surveil and control economic life.

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Bitcoin: Why Uncle Sam's latest move could mean trouble for BTC miners

Bitcoin faces more headwinds as the U.S. government prepares for another attack. Reportedly, the tax aims at encouraging mining companies to pay for the environmental impact of mining The UThe post Bitcoin: Why Uncle Sam's latest move could mean trouble for BTC miners appeared first on AMBCrypto.

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Hundreds of Bitcoin Wallets Controlled by Russian Intelligence Agencies Exposed: Report

Hackers revealed that 986 unique BTC wallets have allegedly been used by Russian state intelligence groups, amid the complicated relationship between crypto and the Russian government. A recently deleted Chainalysis...

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Bitcoin [BTC]: Interest in Ordinals rises, but is FUD on the way?

Interest in Bitcoin Ordinals continued to rise. FUD and Speculation around the U.S. government and Mt.GOX wallets impacted trader behavior. Upon their initial introduction, Bitcoin [BTC] insThe post Bitcoin [BTC]: Interest in Ordinals rises, but is FUD on the way? appeared first on AMBCrypto.

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Glassnodes displays BTC owned by US Govt and Mt. Gox trustee

In a recent tweet, Glassnodes highlighted the number of cryptocurrencies owned by the US government and Mt. Gox trustee.  Based on the Glassnodes report, the US government owns about 205,514 BTC. The latter, Mt. Gox trustee, now holds about 137,890…

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US government holds $6B worth of Bitcoin: Glassnode data

The United States government is one of the most significant Bitcoin (BTC) holders in the world, holding 205,514 BTC — worth $6 billion — according to Glassnode data. Reflexivity Research co-founder Will Clemente noted that the U.

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Bitcoin creator mystery continues: Dorian Nakamoto speaksout, unveils government contracting past

Dorian Nakamoto denied involvement with Bitcoin’s development. In a video shared by @CryptoNewsYes, Dorian Nakamoto clarified that he had nothing to do with building Bitcoin (BTC) — stating that he was “just an engineer doing something else.

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The US government plans to get rid of Bitcoin reserves

Against the background of the recent rally in the crypto market, the optimism of investors and traders seems quite justified. However, this year there are several days in which you can expect a sharp drop in the price of bitcoin (BTC), and the culprit of this dump will be the US government.

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On These Four Days, Expect a Sharp Drop in Bitcoin (BTC) Price

Uncover the four dates when the US government plans to sell confiscated Bitcoin, potentially causing sharp price drops, and learn why they're considered a true Bitcoin whale in the market. The post On These Four Days, Expect a Sharp Drop in Bitcoin (BTC) Price appeared first on BeInCrypto.

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Uncle Sam lists Bitcoin for sale: Should BTC holders be concerned

- The U. S government made plans to sell its BTC holdings over the next year. - Markets can be impacted temporarily due to these sell-offs, but currently, traders remain optimistic. The U.

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Bitcoin: Here's why this update could make a difference in the current state of BTC

New Arkansas bill seeks to protect miner interests especially from government overreach. BTC miners incentived to sell some of their holdings as the market slows down. Not so long ago, U.

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US presidential candidate Robert Kennedy says FedNow is first step to banning Bitcoin

Robert Kennedy Jr. — a presidential candidate in the United States — believes the Federal Reserve’s digital payments system “FedNow” is the government’s first step to banning Bitcoin (BTC).

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US To Sell 41,500 Bitcoin (BTC) In Four Batches, Crash Inevitable?

According to a recent Twitter post by crypto researcher “db,” the US government sold 9,800 Bitcoin (BTC) on March 14th, seized from criminals involved in illegal activities on the Silk Road website.

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US government plans to sell 41,490 BTC connected to Silk Road

The US government sold 9,861 bitcoin on 14 March, netting over $215 million. 41,490 BTC remain from over 51,000 seized in November and will be sold in four batches this year. Court documents show that bitcoin is connected to the darknet market Silk Road.

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Space Force major urges Pentagon to hold Bitcoin, give it 2nd amendment protection

Space Force major Jason Lowery believes that the United States government should stockpile Bitcoin (BTC) and set up mining operations to compete for a share of control over the network. The post Space Force major urges Pentagon to hold Bitcoin, give it 2nd amendment protection appeared first on CryptoSlate.

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U.S. government sold over 9k BTC for $215.7M on March 14

The United States government said it sold 9,861.17 Bitcoin on March 14 for $215.7 million, according to a March 31 court filing. The post U.S. government sold over 9k BTC for $215.7M on March 14 appeared first on CryptoSlate.

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Silk Road Crypto Sale: US Govt Sells 9,800 BTC, Aims to Offload 41,500 More

The US Government has sold 9,800 BTC, amounting to $215.7 million, from the historic seizure connected to the Silk Road dark web case, according to a recent court filing

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US Government Plans to Sell 41,500 BTC from Silk Road

The U.S. government is expected to liquidate about 41,5090 BTC from the Silk Road seizure in four sales this year. The post US Government Plans to Sell 41,500 BTC from Silk Road appeared first on BeInCrypto.

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US government plans to sell 41K Bitcoin connected to Silk Road

On March 14, 2023, the government sold 9,861 BTC for $215.7 million, according to court documents filed on March 31.

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US Government Holds More Bitcoin Than MicroStrategy, Tesla Combined

The United States government has now surpassed MicroStrategy and Tesla as one of the largest holders of Bitcoin, with over 205,000 BTC in its possession, Dune data on March 27 shows. This figure is slightly over 1% of the current circulating supply and is worth $5,734,743,113 at spot rates.

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US Government Attacks Bitcoin In New Report While Promoting A CBDC

US President Joe Biden released the government’s economic report on Monday, in which Bitcoin plays a major role. BTC is mentioned as many as 75 times in the report, which attempts to denigrate Bitcoin and promote a Central Bank Digital Currency (CBDC) of the United States as the better solution. In the section titled “The […]

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Squashing Bitcoin Myths and Why BTC is Important

The world of cryptocurrency has often been shrouded in mystery and confusion. The concept of digital money, not backed by any government or central bank, is an unfamiliar concept to many. The post Squashing Bitcoin Myths and Why BTC is Important appeared first on NFT News Today.

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