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Selasa, 03 Desember 2024

US Moves $1.9B BTC Seized From Silk Road๐Ÿ›ฃ & other news

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Your Daily Digest of the ๐Ÿ”ฅHottest News in Crypto

Today's top stories:

๐Ÿ›ฃ US Moves $1.9B BTC Seized From Silk Road

๐Ÿ˜ฑ XRP's new FOMO target

๐Ÿ“บ How MicroStrategy buys Bitcoin - Explained

๐Ÿ“ฐ Keep reading to find out more about all of today's top stories

US gov't transfers $1.9B BTC seized from Silk Road to Coinbase Prime


A wallet that contained Bitcoin associated with the 2021 seizure from an individual who stole crypto from the Silk Road marketplace has moved.

Blockchain records showed the United States government moved more than $1.9 billion worth of Bitcoin seized from the Silk Road marketplace to a Coinbase Prime wallet.

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Bitcoin jumps 2% on MicroStrategy buy with $100K BTC price in focus


An unusual BTC price reaction to MicroStrategy's latest confirmation of increased BTC exposure accompanies the week's first Wall Street open.

Bitcoin gained at the Dec. 2 Wall Street open as a fresh round of buying by business intelligence firm MicroStrategy boosted markets.

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BitGo expands into retail market with new trading platform


After announcing recent moves into stablecoins and native tokens, BitGo is now targeting retail clients.

According to a Dec. 2 announcement, BitGo is launching a global version of its digital assets solutions for retail investors, similar to crypto exchange platforms, including trading, staking, and wallet services. Users will also be able to use BitGo's regulated custody through cold and self-storage.

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XRP has 'FOMO' target at $6.60 by 2025 — Analyst

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XRP whales and retail investors have accumulated more than $1.6 billion in tokens over the past month, leading one analyst to predict a new all-time high above $6 in 2025.

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How does MicroStrategy buy Bitcoin - Explained in under 3 minutes

In this quick 3-minute breakdown, we explain how Michael Saylor and MicroStrategy leverage convertible notes to invest heavily in Bitcoin. Learn how this strategy works, why it's attractive for acquiring BTC, and the risks involved. 

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