U S Government

U.S. government-linked wallets moved 12,267 BTC, worth about $1.01 billion, from a Bitfinex hack seizure wallet to new unlabeled addresses. Blockchain data showed no exchange deposit, suggesting wallet reshuffling rather than a confirmed sale.

Bitcoin’s bullish hard-asset case is gaining fresh attention as the U.S. primary budget deficit stands out among major advanced economies. Market participants are watching whether debt-driven yield pressure keeps supporting bitcoin and gold even as key labor data approaches.

U.S. government-linked wallets transferred about $288 million in seized bitcoin and ether to Coinbase Prime, with bitcoin routed through fresh intermediary wallets and ether sent directly. The transfers have drawn market scrutiny because they follow a March 2025 executive order tied to a Strategic Bitcoin Reserve, though the movements do not confirm a sale.

Cyber criminals reportedly steal $20 million in cryptocurrency from U.S. government wallets, impacting assets like USD Coin, Tether, and Ethereum.