US Government Transfers 10,000 Bitcoins: What Could This

Aug 15, 2024 · The movement of 10,000 bitcoins by the US government is part of a broader trend where some governments are disposing of their BTC. Last month, Germany moved the market by selling its bitcoin reserves. This massive sale has also raised criticism within the government, …

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Is A Bitcoin Sell-Off Coming? US Government Moves 10,000 BTC

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Data from crypto analytics firm Dune indicates that the US government currently holds a staggering 183,422 BTC, valued at over $17.6 billion. This accounts for roughly 0.93% of the …

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Is A Bitcoin Sell-Off Coming? US Government Moves 10,000 BTC …

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Dec 3, 2024 · US Government’s Bitcoin Transfer. According to market intelligence firm Arkham, the US government moved approximately 10,000 Bitcoin, worth around $1.92 billion at current …

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US Government Transfers 10,000 Bitcoin Worth $1.92 Billion To …

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Dec 3, 2024 · As Bitcoin price consolidates below its all-time high of $99,540, the US government's transfer of significant seized Bitcoin holdings to Coinbase raises investor …

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Is US Government Planning To Sell $600 Million In Bitcoin (BTC)?

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Aug 15, 2024 · Crypto Markets Plunge as US Government Transfers $600 Million in Bitcoin to Coinbase 2 mins. By Harsh Notariya. 15 August 2024, 07:32 GMT+0000. ... According to on …

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US Government Selling Bitcoin Is A ‘huge Strategic ... - Cointelegraph

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Dec 3, 2024 · Crypto industry executives and observers were quick to point out the folly of the United States government’s decision to transfer $1.9 billion of Bitcoin to Coinbase. ... only …

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U.S. Government's $1B Bitcoin Transfer Spooks Investors; Bitcoin …

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Mar 9, 2023 · Nearly 10,000 bitcoin were sent to Coinbase-controlled wallets, while roughly $41,000 tokens were directed to government-controlled wallets. PeckShield published its …

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Is A Bitcoin Sell-Off Coming? US Government Moves 10,000 BTC …

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Dec 3, 2024 · US Government’s Bitcoin Transfer. According to market intelligence firm Arkham, the US government moved approximately 10,000 Bitcoin, worth around $1.92 billion at current …

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US Government Transfers 10,000 Bitcoins, Is A Massive Sell-off …

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Aug 15, 2024 · The US government has recently transferred 10,000 Bitcoin, worth approximately $590 million, from its wallet to Coinbase Prime. This transfer resulted in a 3.3% decrease in …

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U.S. Government Moves 10,000 Bitcoins To Mysterious Wallet - MSN

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The U.S. government just transferred 10,000 Bitcoins, worth around $600 million, to a mysterious wallet linked to Coinbase. These Bitcoins were once part of the infamous Silk Road dark web ...

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

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FAQs about US Government Transfers 10,000 Bitcoins: What Could This Coupon?

What happened to bitcoin?

The United States government shifted roughly 10,000 Bitcoin (BTC) to a wallet address ending the letters “noe” on Aug. 14, at 15:38:31 UTC, according to data from Arkham Intelligence. According to the onchain analytics firm, the funds were seized during the Silk Road raid and are currently valued at $593.91 million. ...

Who owns bitcoin?

The United States government is currently the largest geopolitical holder of Bitcoin, with 203,000 BTC under the control of the US. The United States government shifted roughly 10,000 Bitcoin (BTC) to a wallet address ending the letters “noe” on Aug. 14, at 15:38:31 UTC, according to data from Arkham Intelligence. ...

Did US government transfer BTC?

This marks the latest high-profile transfer of the United States government’s Bitcoin holdings, with the previous transfer of 29,800 BTC, valued at nearly $2 billion, sent from US government wallets to an unknown address on July 29, 2024. Transaction information of the US government moving BTC. Source: Arkham Intelligence ...

How did authorities move bitcoin?

Authorities moved the bitcoin in three transactions, according to data from blockchain security firm PeckShield. Nearly 10,000 bitcoin were sent to Coinbase-controlled wallets, while roughly $41,000 tokens were directed to government-controlled wallets. ...

How many bitcoins will the US hold before selling it?

That 1,000,000 Bitcoins is then to be held by the Treasury for at least 20 years before they can consider selling it, and places a number of restrictions on potential future sales. The US currently holds roughly 207,000 bitcoin, which the BITCOIN Act mandates be transferred to the Treasury and held as part of the strategic reserve. ...

Is the US government the largest holder of bitcoin?

The US government currently holds roughly 203,000 BTC valued at approximately $12 billion at the time of this writing. The $12 billion in Bitcoin holdings indicates the US government is the largest geopolitical holder of Bitcoin, a theme that has been repeatedly touched on by 2024 Presidential candidate Donald Trump. ...