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CATEGORY: government bitcoin


 Bitcoin risks 30% loss against XRP if triple bottom confirms

Author: Cointelegraph by Yashu Gola
United States
Jul 13, 2024 12:00

Bitcoin risks 30% loss against XRP if triple bottom confirms

XRP has significantly lagged behind Bitcoin in 2024, but a recent Mt. Gox- and German government-led sell-off in the BTC market may spark renewed interest in the altcoin.

 German, US govts move $150M in crypto

Author: Cointelegraph by Josh O'Sullivan
United States
Jul 02, 2024 12:00

German, US govts move $150M in crypto

The German and U.S. governments make strategic moves with significant Bitcoin and Ethereum transfers, drawing market attention.

Mar 26, 2023 11:30

US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion

As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860 bitcoins worth roughly $269 million [...]

The post US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion appeared first on Crypto Breaking News.

 Bhutan govt moves $66M of Bitcoin stash to Binance as price tops $71K

Author: Cointelegraph by Zoltan Vardai
United States
Oct 30, 2024 12:00

Bhutan govt moves $66M of Bitcoin stash to Binance as price tops $71K

Bhutan holds another $886 million worth of Bitcoin, which could introduce more selling pressure, as the country has been mining and holding Bitcoin for over five years.

 US cleared to sell $6.5B in Bitcoin  Will it crash BTC price?

Author: Cointelegraph by Yashu Gola
United States
Jan 10, 2025 12:00

US cleared to sell $6.5B in Bitcoin  Will it crash BTC price?

The US government holds about $18.50 billion worth of Bitcoin, which it may sell entirely ahead of Donald Trumps presidency.

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