US Govt Emerges as Major Bitcoin Holder with $6 Billion
The US government holds 205,500 BTC worth $6 billion from Bitfinex hack and Silk Road seizures, making them one of the largest Bitcoin holders globally.
The US government holds 205,500 BTC worth $6 billion from Bitfinex hack and Silk Road seizures, making them one of the largest Bitcoin holders globally.
Reports suggest the US government may have sold bitcoin to halt the ongoing rally, wiping out $300 million in open interest.
The US government is reportedly dumping a large portion of their remaining Mt. Gox BTC, causing a significant increase in daily sell pressure.