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🚨 Attention! 🚨 #Bitcoin, the US government and #ETFs
Here's a thread 👇
US goverment owns 207,189 bitcoin, worth $5 billion, more #bitcoin than any other country
jlopp.github.io/us-marshals-bi… twitter.com/i/web/status/1…
Here's a thread 👇
US goverment owns 207,189 bitcoin, worth $5 billion, more #bitcoin than any other country
jlopp.github.io/us-marshals-bi… twitter.com/i/web/status/1…
On March 14th the U.S. sold 9,861.1707894 of the 50,000 of bitcoin, it seized in the case of a hack of the Silk Road marketplace.
The government raked in $215.5 million after transaction fees. The per-coin sale price of about $21,877 was $2,000 less than the going rate on that particular day. The sale didn’t appear to impact bitcoin’s price, which gained 2.43% the day of the transaction.
Do you think the US government will sell the rest of bitcoin before or after the #SEC approval of #BlackRock and #Fidelity's ETFs? Remember, these are spot ETFs
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