$82,751.00
-0.89%$1,784.75
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0.10%$592.92
-0.35%$117.85
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-0.00%$0.167346
-1.19%$0.648886
-1.33%$0.237561
-1.23%$1,784.57
-0.60%$82,568.00
-1.11%$9.10
-4.24%$3.26
-3.24%$12.64
-1.30%$0.999906
-0.01%$0.250623
-3.02%$2,139.38
-0.40%$17.88
-0.15%$2.21
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-0.60%$0.160191
-3.13%$82.10
-2.16%$6.29
-0.12%$3.91
-3.32%$297.64
-0.08%$4.44
-2.50%$0.999205
0.02%$1.001
0.14%$1,784.94
-0.79%$0.605985
12.48%$1,898.68
-0.58%$28.08
1.76%$215.89
0.28%$11.57
-0.95%$5.79
-0.93%$51.02
5.38%$1.047
0.11%$0.00000698
-1.46%$2.43
-0.70%$4.80
-0.22%$22.19
0.55%$82,679.00
-0.96%$32.55
-2.43%$0.801182
-2.21%$0.091192
-3.45%$0.735377
0.20%$4.97
-1.97%$15.88
-1.59%$151.15
-0.97%$1.16
-0.15%$0.995676
0.03%$4.84
-3.63%$1.00
0.00%$0.02157333
-2.14%$215.57
-0.16%$9.18
-1.74%$0.318478
3.16%$82,577.00
-0.22%$4.04
0.01%$2.67
-3.49%$0.063692
-2.34%$0.187034
-1.54%$3.12
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-1.94%$0.181943
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-1.34%$82,434.00
-1.06%$9.92
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-2.14%$1,325.73
-0.89%$0.428693
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1.91%$1,787.58
-0.54%$0.068179
1.65%$1,857.03
-0.74%$1.043
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-0.48%$1.001
-0.06%$123.13
-2.21%$0.371271
-1.73%$0.592042
-0.85%$0.732761
-2.77%$2,020.53
-0.72%$1.001
0.10%$0.00001096
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0.03%$0.999696
0.02%$8.14
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-0.87%$0.080447
-2.64%$0.425834
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0.05%$0.823126
-0.73%$82,142.00
-0.82%$1.00
-0.03%$593.55
-0.17%$1,896.63
-0.47%$3,057.99
0.13%$0.54569
5.80%$0.65084
0.01%$82,713.00
-0.69%$0.01467757
-2.57%$0.260007
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0.06%$0.106754
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-0.54%$38.27
-6.37%$30.62
0.62%$0.163867
-0.90%$5.61
-1.90%$0.365896
-1.73%$150.90
-3.09%$1,859.76
-0.76%$1.73
-9.21%$0.00005498
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0.04%$1.00
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0.31%$1.82
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-0.05%$0.998843
-0.00%$14.90
-1.39%$0.01013828
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0.01%$0.519646
3.41%$0.615784
-0.79%$0.131106
-1.11%$0.06837
-1.96%$0.999588
-0.04%$1.00
0.01%$0.463417
1.24%$79,147.00
-3.63%$0.240431
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-1.75%$2.72
0.66%$0.00472006
-3.27%$0.396598
0.16%$0.167496
-0.93%$0.00000043
-0.56%$1,896.11
-0.71%$82,719.00
-0.81%$0.00732614
6.51%$0.155812
3.83%$81,398.00
-3.23%$1,784.02
-0.93%$1.08
-0.22%$0.080606
0.80%$0.997586
-0.51%$110.58
0.02%$0.648325
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-0.85%$1.10
0.87%$0.37876
-0.20%$0.00001901
-2.10%$0.081136
-8.54%$5.60
-1.38%$82,356.00
-1.24%$1,864.18
-0.47%$0.176177
-6.11%$0.438161
-0.75%$0.999609
0.06%$0.530049
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-0.29%$0.00645339
-0.66%$2.99
-1.06%$0.796394
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0.55%$0.187256
-1.74%$1.55
8.67%$0.999621
-0.05%$0.00000157
7.42%$0.337916
-2.50%$0.00005795
-1.30%$1,785.05
-0.12%$0.03139577
-1.02%$0.99879
-0.15%$0.00360451
-2.16%$0.00911164
1.43%$82,231.00
-0.92%$115.13
0.08%$0.02983204
-1.67%$0.999924
-0.04%$0.36284
3.02%$0.00457306
-2.81%$1,762.39
-0.74%$0.499451
-0.91%$0.226019
-2.75%$1,784.26
-0.87%$2.85
-0.19%$1.084
-2.96%$1.12
-1.66%$82,488.00
-0.77%$21.38
-1.18%$0.582092
-1.60%$3,035.97
0.35%$0.218295
-0.04%$0.18334
-1.20%$1,885.74
-0.44%$3.21
1.09%$0.500426
-0.68%$0.119722
1.18%$1,953.74
-0.76%$0.246419
5.39%$22.03
1.40%$14.76
-1.22%$0.03020745
1.55%$1,942.17
-0.79%$0.9993
-0.11%$0.0026492
-5.16%$0.958432
3.64%$1,660.83
-0.92%$0.665651
2.39%$0.098917
-0.78%$0.03267381
0.96%$0.0003742
-3.16%$1,782.70
-0.45%$0.00296173
-3.31%$0.01103955
-1.21%$0.999566
0.10%$0.5138
-1.04%$0.058222
-3.47%$17.86
-0.06%$0.999797
0.00%$0.999612
0.06%$0.464332
-3.33%$81,880.00
0.24%$0.00440081
-0.43%$0.00198099
-2.22%$0.02619975
-0.79%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
Despite President Trump ratcheting up his trade war Wednesday, Bitcoin is holding steady. That comes even after U.S. equities and the dollar got hit hard over the last couple days. The biggest digital coin's price was recently at $82,876 per coin, CoinGecko shows. It's effectively even over the last seven days while the S&P 500 just had its worst day since June 2020. Experts told Decrypt that the asset had shown "impressive resilience" in the face of Trump's so-called Liberation Day, with the as...
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: Circle toes the IPO line with a Coinbase partnership debuff, MicroStrategy could be a 3 percenter soon, Bakkt is back in trouble, and Decrypt reporter Matt Di Salvo explains why experts say midsize Bitcoin miners might need a wellness check in the coming months. Circle is in the ring? USDC issuer Circle is finally back in the ring after filing to go public earlier this week. Another thin...
Coinbase stock sank to a seven-month low on Friday as the U.S. equities market continued plummeting in response to President Donald Trump’s recent tariff announcements. Shares in the American crypto exchange fell more than 13% at one point during Friday’s trading session and remain 6.38% below market open at the time of writing. They are now trading 54% below their 52-week high of $349.75, their lowest point since September 2024. Other leading crypto adjacent stocks are also sliding heavily in...
