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Search Results for: "Government"

US Allegedly Offloads 80% of Bitcoin, Lummis Calls It 'Blunder'

07:40

US Allegedly Offloads 80% of Bitcoin, Lummis Calls It 'Blunder'

Rumors are circulating that the US has sold off 80% of its Bitcoin reserves, causing concern. However, Arkham Intelligence indicates the US still holds approximately 198,000 BTC. Senator Lummis voiced concerns, while others speculate the sale is linked to political shifts.

Cathie Wood: Dormant Bitcoin Whale Movement Likely a Legal Settlement

10:00

Cathie Wood: Dormant Bitcoin Whale Movement Likely a Legal Settlement

Cathie Wood, CEO of ARK Invest, suggests a recent dormant Bitcoin whale movement may be linked to a government settlement. Wood noted the movement of 1.1 million coinyears and the lack of Bitcoin price reaction suggests an off-market transfer, possibly part of a legal agreement.