[Shocking] How much BTC the US Gov’t owns

Dear Reader,

The U.S. government holds an estimated 194,188 BTC.

Worth more than $7.7 billion.

Three seizures from criminal cases added up to this huge amount.

Ever wonder what happens to this seized boatload of Bitcoin?

Well… they eventually put their stash up for sale.

Usually, up for auction but also for sale on exchanges.  

According to our reports…

The three Bitcoin hauls and sales mentioned above by the U.S. government are:

  1. 94,643 BTC seized in January 2022 from the 2016 Bitfinex hack.
  2. 69,369 BTC seized in November 2020 from the Silk Road.
  3. 51,326 BTC seized from Silk Road hacker James Zhong.

Insiders who know how to access these auctions often get to buy BTC at a big discount… and… put themselves in great position as mass adoption drives prices up.

In a similar manner…

Institutional traders have used AI to uncover events known to drive up crypto prices. Then they position themselves for the win.

That same technology is now available to retail crypto traders.

AI-powered indicators scour the market for catalyst events.

Alerts go out in real time as these events unfold.

Catching some of them as they begin to move can lead to big gains.

Seven days ago, one indicator pointed to a move in ALT.

Over the course of the week the altcoin shot up… 176%.

Click here to check out this AI trading tech.
 
 
Regards,

Max K.
Markets Pro Team
 

Popular posts from this blog

Reddit Community’s MOON Tokens Soar

Image
Plus, Celsius settles with shareholders from its Series B funding round July 18, 2023 The latest moves in crypto markets, in context By Lyllah Ledesma, CoinDesk reporter Was this newsletter forwarded to you? Sign up here .    Supported By   Happy Tuesday! Here's what you need to know today in crypto: MOON, the native token of Reddit's r/Cryptocurrency community, has surged following the recent change in terms of service for the website.  Coinbase Earn is particularly vulnerable to being defined as a security, said Berenberg in a research report.  Celsius has agreed with its Series B shareholders over proceeds from the GK8 sale.     Latest Prices CoinDesk Market Index (CMI) 1,295 −9.3 ▼ 0.7% Bitcoin (BTC) $29,773 −327.5 ▼ 1.1% Ethereum (ETH) $1,887 −18.0 ▼ 0.9% S&P 500 futures 4,550.25 −3.5 ▼ 0.1% ...
Read more

Are Crypto Investors Protected?

Image
Webinar March 31 at 1 p.m. ET Sponsored by Trulioo As cryptocurrencies become increasingly mainstream and digital trading and investment platforms attract experienced and novice investors alike, regulatory reform, specifically the acceleration of new measures to mitigate financial crime, is adapting to protect consumers. Join Trulioo's exclusive webinar to hear how crypto exchanges can navigate the dynamic and evolving regulatory landscape.   Nick Lord of Blue Pool Communications will moderate a discussion with Trulioo SVP, Identity Solutions, Garient Evans and Bitbuy Chief Compliance Officer, Torstein Braaten.  Garient Evans SVP, Identity Solutions Trulioo Torstein Braaten Head of Regulatory Affairs & CCO Bitbuy Moderator Nick Lord Founder Blue Pool Communications   Copyright © 2022 CoinDesk, All rights reserved.    250 Park Avenue South New York, NY 10003, USA You can manage your preferences here or unsubscribe from all   CoinDesk ...
Read more

Coinbase's revolving door

Image
To view this email as a web page, go here. July 31, 2019 US FIRST: Any U.S. resident with a government-issued I.D. can now trade futures contracts for real bitcoin. Revealed exclusively to CoinDesk, LedgerX has officially launched the first physically settled bitcoin futures contracts in the U.S., beati...
Read more
powered by Coinlib
Advertise with Anonymous Ads