Altcoinist
Image default
Crypto News

U.S Government Deposits $288M in Bitcoin and Ethereum to Coinbase Prime

Large gold Bitcoin and silver Ethereum coins behind the US Capitol building dome.

The post U.S Government Deposits $288M in Bitcoin and Ethereum to Coinbase Prime appeared first on Coinpedia Fintech News

Just as the crypto market is trying to recover, the U.S. government moved $288 million in Bitcoin and Ethereum to Coinbase Prime. The transfer has sparked a fear that the government could be preparing to sell its crypto holdings. If so, then this move could put pressure on Bitcoin and push prices lower. US Government …

Related posts

Alameda Research Unstakes $17M in Solana as FTX Repayment Continues

Antonio M. Foster

Why Were Coinbase and Gemini Blocked in the Philippines?

Antonio M. Foster

Bitcoin Price Prediction: Will BTC Break Higher After Rejection Near $69K?

Antonio M. Foster