{"id":18832,"date":"2023-03-08T07:39:49","date_gmt":"2023-03-08T07:39:49","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/03\/08\/us-govt-moves-9861-bitcoin-seized-from-silk-road-to-coinbase\/"},"modified":"2023-03-08T07:39:49","modified_gmt":"2023-03-08T07:39:49","slug":"us-govt-moves-9861-bitcoin-seized-from-silk-road-to-coinbase","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/03\/08\/us-govt-moves-9861-bitcoin-seized-from-silk-road-to-coinbase\/","title":{"rendered":"US Govt Moves 9,861 Bitcoin Seized from Silk Road to Coinbase"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/nearly-40000-bitcoins-belonging-to-us-government-are-on-the-move\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p>Over the final week, the world\u2019s largest cryptocurrency Bitcoin (BTC) has been below promoting stress. As of press time, Bitcoin is buying and selling 1.59% down at a worth of $22,118 and a market cap of $23 billion.<\/p>\n<p>On-chain information supplier Glassnode just lately reported that just about 40,000 Bitcoins from wallets linked to the US Government regulation enforcement seizures are at present on the transfer. While a majority of them seem to be inside transfers, a few of them have additionally moved to the crypto change Coinbase.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>Glassnode notes: \u201c<span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">approximately 9,861 <\/span><span class=\"r-18u37iz\">$BTC<\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\"> seized from the Silk Road hacker have been sent to our Coinbase cluster\u201d.\u00a0<\/span><\/p>\n<figure id=\"attachment_141557\" aria-describedby=\"caption-attachment-141557\" style=\"width: 4096px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-141557\" alt=\"\" width=\"4096\" height=\"2678\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/03\/08113144\/Bitcoin-US-Government-.jpeg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-141557\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/03\/08113144\/Bitcoin-US-Government-.jpeg\" alt=\"\" width=\"4096\" height=\"2678\"\/><\/noscript><figcaption id=\"caption-attachment-141557\" class=\"wp-caption-text dfdfdf1\">Courtesy: <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/glassnode\/status\/1633243962457878538\" target=\"_blank\">Glassnode<\/a><\/figcaption><\/figure>\n<p>As mentioned, Bitcoin has continued to face promoting stress and reveals weak point on the charts as nicely! Citing information from IntoTheBlock, in style crypto analyst Ali Martinez <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/ali_charts\/status\/1633058737228242946\" target=\"_blank\">reported<\/a>:<\/p>\n<blockquote>\n<p>Bitcoin <span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">dropped under a crucial space of assist between $23,050 and $23,730, the place 1.63 million addresses purchased over 910,000 <\/span><span class=\"r-18u37iz\">$BTC<\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">. Failing to regain this space as assist might set off a sell-off that pushes <\/span><span class=\"r-18u37iz\">#BTC<\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">\u00a0to $20,700 and even $19,300.<\/span><\/p>\n<\/blockquote>\n<figure id=\"attachment_141558\" aria-describedby=\"caption-attachment-141558\" style=\"width: 2504px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-141558\" alt=\"\" width=\"2504\" height=\"1000\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/03\/08113606\/Bitcoin-BTC-supply.jpeg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-141558\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/03\/08113606\/Bitcoin-BTC-supply.jpeg\" alt=\"\" width=\"2504\" height=\"1000\"\/><\/noscript><figcaption id=\"caption-attachment-141558\" class=\"wp-caption-text dfdfdf1\">Courtesy: IntoTheBlock<\/figcaption><\/figure>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>On the opposite hand, the full variety of Bitcoin addresses holding greater than 1,000 Bitcoins has additionally dropped during the last week. Nearly 24 such Bitcoin addresses have redistributed their Bitcoins and dropped from the community during the last week.<\/p>\n<figure id=\"attachment_141559\" aria-describedby=\"caption-attachment-141559\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-141559\" alt=\"\" width=\"1800\" height=\"1013\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/03\/08114037\/Bitcoin-Addresses-1000.jpeg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-141559\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/03\/08114037\/Bitcoin-Addresses-1000.jpeg\" alt=\"\" width=\"1800\" height=\"1013\"\/><\/noscript><figcaption id=\"caption-attachment-141559\" class=\"wp-caption-text dfdfdf1\">Courtesy: Glassnode<\/figcaption><\/figure>\n<h3>Bitcoin and Macros<\/h3>\n<p>Currently, Bitcoin bears appear to be in a dominant place over the bulls. As Bitcoin continues to dip below its essential assist ranges, some analysts are additionally <a href=\"https:\/\/coingape.com\/bitcoin-btc-price-analyst-19k-crypto\/?utm_source=24hrsupdateall\" target=\"_blank\" rel=\"noopener\">predicting<\/a> that the BTC worth can fall additional below $20,000.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>On the opposite hand, the macro elements don\u2019t appear to be supporting any additional rally as of now. While <a href=\"https:\/\/coingape.com\/fed-chief-powell-testifies-at-u-s-senate-hearing\/?utm_source=24hrsupdateall\" target=\"_blank\" rel=\"noopener\">testifying<\/a> forward of the US Congress on Tuesday, Fed Chairman Jerome Powell that the central financial institution will proceed with extra charge hikes and is dedicated to bringing inflation below 2%.<\/p>\n<p>On Tuesday, a decide on the US court docket <a href=\"https:\/\/coingape.com\/grayscale-spot-bitcoin-etf-sec-lawsuit\/?utm_source=24hrsupdateall\" target=\"_blank\" rel=\"noopener\">grilled the SEC<\/a> over its denial of the spot Bitcoin ETF. As a end result, the GBTC share worth rallied additional.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA141556\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Bhushan is a FinTech fanatic and holds a great aptitude in understanding monetary markets. His curiosity in economics and finance draw his consideration in direction of the brand new rising Blockchain Technology and Cryptocurrency markets. He is repeatedly in a studying course of and retains himself motivated by sharing his acquired information. In free time he reads thriller fictions novels and generally discover his culinary expertise.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD141556\">\n<p>  The offered content material could embody the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any duty to your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/nearly-40000-bitcoins-belonging-to-us-government-are-on-the-move\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Over the final week, the world\u2019s largest cryptocurrency Bitcoin (BTC) has been below promoting stress. As of press time, Bitcoin is buying and selling 1.59% down at a worth of $22,118 and a market cap of $23 billion. On-chain information supplier Glassnode just lately reported that just about 40,000 Bitcoins from wallets linked to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[20,465,197,1534,3969,4426,4560],"class_list":["post-18832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-coinbase","tag-govt","tag-moves","tag-road","tag-seized","tag-silk","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/18832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=18832"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/18832\/revisions"}],"predecessor-version":[{"id":18833,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/18832\/revisions\/18833"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/18674"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=18832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=18832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=18832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