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Tag: US govt

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US gov’t moved $922 million of seized Bitcoin after BTC price broke $60,000

The government’s transfer occurred the same day Bitcoin breached the $60,000 mark for the first time in over two years. The United States government transferred $922 million worth of Bitcoin from two cryptocurrency wallets that held funds seized from Bitfinex in 2016. The U.S. government’s transfers occurred the same day Bitcoin breached $60,000 for the first time…
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US govt’s planned $118M Bitcoin sale is ‘peanuts’ compared to GBTC

According to one market commentator, the planned sale of more than 2,900 Bitcoin is insignificant in comparison to the withdrawals from Grayscale’s ETF. The US government’s arranged offer of almost $118 million in held onto Silk Street Bitcoin BTC ought not be viewed as a reason to worry, as per market pundits. Following the Jan.…
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