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This Week in Bitcoin: BTC Plunges as US Gets Go-Ahead to Sell Silk Road Billions
Bitcoin topped $100K for the first time in 2025, then plummeted amid mixed economic reports, volatile ETF flows, and a potential Silk Road sale.
The federal government just got the greenlight to sell $6.5 billion in Bitcoin seized from Silk Road
The legal decision marks the end of the road for a years-long legal battle over 69,370 Bitcoins, seized in 2020 from an unidentified hacker referred to in court documents as “In
US Government's Silk Road Bitcoin Holdings Drop To 0 After DOJ Reportedly Approves Sale Of Crypto Worth $6.5 Billion
The U.S. government has received approval to liquidate a significant portion of its Bitcoin holdings seized from the infamous darknet website Silk Road, according to a Wednesday report. The Justice Department was cleared to sell 69,
Why is the US selling BTC worth $6.5 billion seized from Silk Road?
The US Department of Justice (DOJ) has announced plans to liquidate 69,370 Bitcoin valued at $6.5 billion, seized from the infamous Silk Road case. While headlines focus on the staggering sum, this move isn’t just a one-off financial manoeuvre;
US Government Dumps $6.5 Billion Silk Road Bitcoin Stash After DoJ Greenlight
The US government dumped all of the $6.5 billion worth of Bitcoin seized from dark web marketplace Silk Road after receiving DoJ approval.
US To Dump 69K BTC From Silk Road Before Donald Trump Takes Over
The U.S. DoJ is set to sell 69,370 BTC worth over $6.5 billion after court approval. The approval comes just weeks before Donald Trump takes
DOJ approved to sell $6.5 billion in Bitcoin from seized Silk Road assets
A federal judge approved the U.S. Department of Justice (DOJ) to sell $6.5 billion in Bitcoin acquired from the Silk Road darknet.
21h
on MSN
Bitcoin analysts explain why BTC could avoid a drop under $90K
Bitcoin's (BTC) price dropped to a new range low at $91,055 on Jan. 9, its lowest value since Dec. 1, 2024. The next ...
1d
Bitcoin Data Indicates Ripe Buying Period as BTC Nears $95K
BTC neared $95,000 in European morning hours Friday after a slump in U.S. hours sent it to near $90,000 late Thursday, down ...
1d
Cryptocurrency Wave: CryptoKeying Has Purchased 1,537 BTC Worth $146 Million
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
4h
on MSN
Craft distilling meets Bitcoin: US distillery adopts BTC for treasury use
Heritage Distilling, a Washington-based craft spirits producer, said that it will begin accepting Bitcoin as payment and hold ...
cryptonews
20h
Increasing Bitcoin Hashrate Indicates Confidence in BTC Value
Bitcoin hashrate trends show robust miner activity, enhanced network security, and confidence in BTC’s role as a digital ...
2d
Large Bitcoin Holders Accumulate 34,000 BTC Following December Price Dip, Analysts Forecast 2025 Surge
Since December 2024, institutional Bitcoin holders have been purchasing significant amounts of the cryptocurrency, buying ...
1d
on MSN
Russia reportedly starts selling 1,032 BTC from crypto corruption case
Russia has begun selling $10M in Bitcoin seized during a hacker probe, spotlighting legal hurdles and the rising use of ...
Inside Bitcoins
23h
CleanSpark Becomes Fourth Bitcoin Miner To Hold Over 10,000 BTC
Clean Spark said it holds 10,097 Bitcoin on its balance sheet, making it the fourth publicly listed miner to hold more than ...
4d
on MSN
BTC price loses 4% on US JOLTS data as Bitcoin trader warns of $92K dip
Bitcoin ( BTC) shed 4% on Jan. 7 as “predictable” BTC price action put whales in the spotlight. Data from Cointelegraph ...
Cryptopolitan on MSN
4d
Bitcoin ETFs acquired nearly three times the amount of BTC produced in December
US spot Bitcoin ETFs (exchange-traded funds) purchased almost three times more BTC than the amount that was produced by ...
Inside Bitcoins
3d
BlackRock’s IBIT The Only US BTC ETF To Post Daily Inflows As Bitfinex Says Bitcoin Sell-Side Pressure “Shrinking”
BlackRock’s IBIT was the only US Bitcoin ETF to record net inflows yesterday as Bitfinex analysts say BTC’s sell-side ...
Coingape
8h
Fed Rate Cuts Not Coming Before June 2025, BTC Price Rally Delayed?
Fed rate cut chances have dropped further with stronger US jobs market which could prevent fresh liquidity infusion delaying ...
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