Huge Bitcoin Seizure: 14.2 Billion Ended up in US Reserve, But the Plan is at Risk
The US seized 127,000 BTCs linked to the Chinese 'Sha Zhu' scam and established the Strategic Bitcoin Reserve.
The United States stands as a global hub for financial innovation and blockchain development. From Wall Street to Silicon Valley, the country drives discussions on regulation, Bitcoin ETFs, CBDCs, and institutional crypto adoption.
119 PostsThe US seized 127,000 BTCs linked to the Chinese 'Sha Zhu' scam and established the Strategic Bitcoin Reserve.
Financial leverage, low liquidity and macroeconomic tensions collided, wiping $16,700 off the price of Bitcoin in less than eight hours, a painful lesson in risk and reaction.
Investor activity in US-listed spot Bitcoin ETFs skyrocketed on 6 October, reflecting the continued growth of the BTC. The funds took in about $1.2 billion.
Two Garcia brothers kidnapped a family in Minnesota and stole $8M in crypto. The case, involving armed threats and coercion, underlines the rise of digital asset crime in the US.
World Liberty Financial (WLFI), a project linked to US President Donald Trump, is rapidly expanding its international presence with a new partnership with South Korean cryptocurrency exchange Bithumb and a planned debit card integrated with Apple Pay.
Bitcoin lost key support at $115,000 following the Federal Reserve's rate cut, setting up a potential retest of the $105,500 support zone. The Bitfinex Alpha report reveals how derivative markets and leveraged traders amplified the recent slump.
Dogecoin grows amid ETFs and rise of short holders. Positive signs for the next DOGE rally.

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Documentary on Bitcoin, blockchain and global geopolitics.