$109,063.00
0.84%$2,563.67
1.83%$2.27
2.19%$661.50
0.86%$151.13
2.67%$0.999828
0.00%$0.287653
1.48%$0.17132
4.32%$2,563.73
1.88%$0.585221
2.17%$108,884.00
0.72%$39.69
1.26%$3,086.88
1.60%$2.91
0.83%$497.05
2.16%$13.48
2.00%$9.03
-0.13%$0.253212
6.56%$18.33
2.78%$0.999972
0.01%$2.85
4.25%$0.00001177
3.16%$2,746.88
1.89%$0.159003
3.53%$2,564.42
1.84%$87.36
0.17%$45.01
-0.51%$0.99994
-0.01%$323.12
2.32%$109,005.00
0.65%$1.001
0.03%$4.45
1.17%$3.39
1.31%$7.41
0.94%$286.62
5.08%$0.00001008
4.45%$0.464628
2.43%$1.18
-0.00%$326.92
1.98%$48.48
-0.19%$4.46
1.06%$1.00
0.00%$183.70
2.79%$2.18
2.03%$4.84
1.74%$16.66
2.01%$0.081154
0.27%$0.794303
2.06%$1.058
0.02%$1.00
0.04%$0.077564
3.94%$0.571884
1.84%$4.43
-0.07%$4.09
2.13%$15.24
-0.36%$0.02085545
1.64%$0.682748
4.13%$0.00002227
16.82%$8.62
1.03%$0.079289
4.30%$3.23
2.35%$0.262342
3.38%$109,082.00
0.89%$0.333873
2.32%$0.183869
1.40%$109.82
2.39%$2.29
1.71%$2,563.69
1.82%$0.177543
2.02%$4.50
1.13%$0.893378
3.28%$0.266014
0.74%$0.998567
0.05%$0.999663
-0.00%$17.65
-13.86%$11.07
0.36%$160.19
2.61%$1.00
-0.02%$0.442156
1.83%$2,687.25
1.84%$1.23
-1.46%$1.30
6.05%$2,920.74
1.82%$1.17
-0.40%$0.01659807
-0.15%$1.61
8.05%$1.00
0.00%$10.58
0.53%$0.063534
1.47%$1.56
1.14%$0.314202
2.19%$0.65875
2.84%$0.999903
0.02%$0.01561885
-4.13%$2,739.46
1.97%$2,693.26
1.85%$0.546221
3.01%$1.11
0.02%$3,325.81
-0.54%$109,009.00
0.67%$0.153871
2.68%$108,917.00
0.86%$0.893062
5.96%$661.68
0.89%$3.06
6.52%$0.999733
-0.00%$2,698.53
1.74%$109,695.00
1.25%$0.00008713
16.98%$0.084583
2.72%$3,316.71
-0.61%$0.423988
1.32%$169.62
2.72%$2.28
1.83%$0.483123
0.84%$197.56
2.72%$2,769.49
1.81%$111.69
0.00%$0.701334
2.50%$0.505235
1.76%$10.73
0.00%$0.998087
-0.03%$0.743217
3.02%$1.92
-3.17%$0.01427963
3.06%$39.32
1.64%$1.092
0.06%$18.74
2.17%$0.160254
3.06%$39.66
1.45%$0.246211
2.18%$0.706273
-2.88%$0.00000061
0.91%$108,800.00
0.81%$0.01224964
1.76%$0.549819
-0.33%$0.224315
2.40%$0.997719
-0.06%$2.15
2.07%$2,563.12
1.89%$108,803.00
0.76%$0.09947
3.09%$0.409785
-0.13%$3.42
3.26%$0.530174
1.32%$2,741.51
1.96%$2,564.02
1.83%$2,695.44
0.80%$0.9998
-0.01%$0.00812674
-0.61%$0.327593
2.06%$109,110.00
0.87%$0.267212
3.49%$2,564.72
1.85%$0.500817
0.83%$39.66
1.08%$0.998209
0.11%$0.610751
3.06%$24.44
1.69%$0.999758
-0.03%$0.230374
7.48%$0.01400995
1.08%$0.9998
0.00%$1.34
3.13%$0.0046699
12.23%$1.39
2.41%$0.171405
4.29%$0.00000044
0.69%$0.04399227
4.31%$7.58
-0.33%$0.060475
-0.07%$0.395147
0.71%$2.32
3.63%$0.999938
-0.01%$0.007194
2.34%$1.093
0.00%$0.113872
2.46%$0.99235
-0.80%$0.153525
-0.70%$0.397535
22.01%$0.529128
2.49%$2,727.35
1.81%$0.000001
5.29%$41.46
0.91%$5.44
1.52%$0.075119
4.68%$13.34
0.86%$1.001
0.29%$1.54
0.44%$0.312372
1.71%$0.00001858
1.63%$108,978.00
0.90%$2,561.33
1.87%$0.146602
1.26%$1.16
5.69%$2.17
1.30%$0.952638
2.46%$0.00388473
1.89%$2,827.13
1.82%$0.999951
0.01%$0.0357903
2.07%$0.482826
0.95%$0.03471879
0.54%$2,804.40
1.84%$5.18
3.21%$20.52
0.85%$0.99879
-0.02%$0.04643389
3.00%$108,953.00
0.72%$0.01728527
0.88%$2,563.32
1.89%$0.326719
-3.44%$0.00616573
7.53%$0.323487
1.88%$0.483094
0.86%$1.099
0.20%$0.998532
-0.04%$1.00
-0.05%$2,562.77
1.93%$0.0000567
1.68%$0.066359
-0.29%$10.34
1.36%$165.06
2.59%$0.999265
-0.01%$0.664113
5.22%$0.304169
3.27%$0.706355
2.32%$111.20
1.57%$0.11539
3.44%$1.001
-0.01%$1.066
-0.66%$108,730.00
0.59%$3,098.38
1.73%$18.35
2.94%$0.00339298
-0.75%$1.019
-0.28%$0.00000139
-2.07%$0.279366
-1.57%$1.22
-0.00%$0.00397204
10.52%$2,190.24
0.85%$0.594221
0.68%$0.674448
10.03%$0.183975
1.37%$0.190693
4.02%$15.66
1.35%$101,959.00
-3.33%$1.63
0.16%Reading
The feds on Monday moved nearly $2 billion of seized Bitcoin from shuttered dark web marketplace Silk Road to Coinbase, blockchain data shows.
Arkham Intelligence flagged the transactions by the United States government. It said that the Bitcoin was from the Silk Road marketplace, and was ultimately moved to America’s biggest digital asset exchange after a brief stop at another Bitcoin wallet. Ultimately, 19,800 BTC—or $1.92 billion worth—was transferred.
Feds shut down the Silk Road online black market back in 2014. The platform was widely used to buy illegal drugs and services—often with cryptocurrencies like Bitcoin.
ALERT: US GOVERNMENT MOVING $1.92B BTC TO NEW ADDRESS
Address: bc1q0av33ktzrkjps8exjex5gtv98vx225uqmzhspm pic.twitter.com/JSELsjFg5T
— Arkham (@arkham) December 2, 2024
Some Bitcoin held by American authorities was seized from James Zhong, who last year pleaded guilty last year to wire fraud.
Zhong manipulated the Silk Road transaction system in 2012 to steal 50,676 Bitcoins. Feds confiscated the stash in 2022, after BTC had rocketed upwards in price. It was one of the biggest Bitcoin seizures in history.
According to Arkham, the huge stash of 19,800 Bitcoin moved Monday went to two different Coinbase wallets at a cost of just $3.34.
Bitcoin’s price is now down by more than 2% over a 24-hour period, according to CoinGecko. Its price currently stands at $95,250.
When the government moves large amounts of Bitcoin, it can frighten investors, who speculate that the coins may be up for sale. But Coinbase Prime now has a contract with the U.S. Marshals Service (part of the Department of Justice) to manage and dispose of its digital assets, which means that a sale may not be imminent just because Coinbase is involved.
The U.S. Department of Justice did not immediately respond to Decrypt’s questions, but the government has in the past sold off seized Bitcoin.
Former President Donald Trump has pitched big plans for crypto on the campaign trail, folding several promises into his reelection bid while trying to make inroads with digital asset owners. When it comes to the nascent industry, crypto isn’t listed among 20 core goals that make up the Republican Party’s official 2024 platform—and the topic didn't come up during his interview with Elon Musk in August. Still, in a draft document released in July, crypto was mentioned alongside artificial intellig...
President-elect Donald Trump has pledged to free Silk Road founder Ross Ulbricht upon taking office, after Ublricht has spent more than 11 years behind bars.
"Immense gratitude to everyone who voted for President Trump on my behalf," an official Ulbricht account on X (formerly known as Twitter), run by his wife, posted last month. "I trust him to honor his pledge and give me a second chance."
Edited by Andrew Hayward
War, geopolitical uncertainty, President Donald Trump’s “Big Beautiful Bill"—with so much going on, what could possibly be shaking the Bitcoin market today? How about one of the biggest Bitcoin holders in history suddenly moving $8 billion from their wallet? Yikes. The crypto community was shaken today by the movement of 80,000 BTC—worth approximately $8.6 billion at today’s prices—from wallets that had remained dormant for over 14 years. This "OG" holder, who controls the funds across eight wal...
Major altcoins have dropped after U.S. President Donald Trump stirred up trade tensions by threatening tariffs once again, while the controversial “Big, Beautiful Bill” passed its final hurdle in Congress on Thursday—much to the dismay of Tesla CEO Elon Musk. XRP has dropped 2.8% over the past 24 hours, with Solana falling 2.6%, and Cardano 4%. Fan favorite Dogecoin has also tumbled by 4% and Hyperliquid 4.7%. “President Donald Trump signaled that new tariff notices could be issued as early as...
The crypto market is showing relative calm Thursday, with top assets mostly flat on the day as traders digest positive macro news and consider where to allocate their positions. Bitcoin gained 0.4% in the past 24 hours, trading near $109,800 after briefly reaching a daily high of $110,590, according to CoinGecko. Ethereum also climbed above $2,590, though traders remain uncertain about its direction as prices continue to move sideways. Almost all of the top 100 coins have posted single-digit mov...
