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US government selling Bitcoin is a ‘huge strategic mistake,’ say observers

Coin Telegraph
US government selling Bitcoin is a ‘huge strategic mistake,’ say observers
Bitcoin

“There is no price where it makes sense for the US to sell any Bitcoin it has under its control,” said Space Force Major Jason Lowery.

Crypto industry executives and observers were quick to point out the folly of the United States government’s decision to transfer $1.9 billion of Bitcoin to Coinbase.

“This is a huge strategic mistake. There is no price where it makes sense for the US to sell any Bitcoin it has under its control,” Jason Lowery, a United States Space Force major and author of Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin, said on Dec. 3. 

“They have no idea what they own, and it shows,” he added: 

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FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face 4,000,000,000 in Unrealized Losses

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

Trump’s 2nd term to start with trifecta as Republicans tipped to win House

Coin Telegraph
Trump’s 2nd term to start with trifecta as Republicans tipped to win House
Coin Telegraph

The Republicans will have total control of the executive branch and all of Congress after the GOP was projected to keep a majority in the House.

The Republicans are projected to keep the United States House, giving the party total control of the government after taking a majority in the Senate along with Donald Trump’s election win.

Decision Desk HQ called the race for the House at 12:13 am UTC on Nov. 12, projecting the GOP would win the 218 seats needed for a majority after it projected Republican Juan Ciscomani would be reelected to represent Arizona’s 6th congressional district.

There are eight seats still left to call, according to Decision Desk HQ. The GOP is currently leading in races that are still ongoing for Alaska’s only seat, along with three districts across California, while the Democrats are ahead in the rest.

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FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face 4,000,000,000 in Unrealized Losses

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

If Trump Eliminates 5 Federal Agencies, It Could Revitalize the US Economy

Bitcoin.com
If Trump Eliminates 5 Federal Agencies, It Could Revitalize the US Economy
bitcoin.com
If Trump Eliminates 5 Federal Agencies, It Could Revitalize the US EconomyIn the wake of his sweeping 2024 election victory, people believe Donald Trump has the chance to reshape the American economy by slashing inefficient government departments, a move that could spark economic prosperity and return power to local communities. Charting a New Course: Trump’s Chance to ‘Restore America’ by Trimming the Federal Government Following his […]
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FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face 4,000,000,000 in Unrealized Losses

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

Hacker Who Looted $20,000,000 From a US Government Address Returns the Vast Majority of Stolen Funds: Arkham

The Daily Hodl
Hacker Who Looted ,000,000 From a US Government Address Returns the Vast Majority of Stolen Funds: Arkham
Arkham
Hacker Who Looted ,000,000 From a US Government Address Returns the Vast Majority of Stolen Funds: Arkham

The hacker who looted nearly $22 million worth of crypto from a US government wallet this week appears to have returned the vast majority of the funds, according to the digital asset deanonymizing platform Arkham. On Thursday, the exploiter plundered the crypto from a government address that hadn’t moved any digital assets in eight months. […]

The post Hacker Who Looted $20,000,000 From a US Government Address Returns the Vast Majority of Stolen Funds: Arkham appeared first on The Daily Hodl.

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FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face 4,000,000,000 in Unrealized Losses

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

WSJ Report Claims Tether Faces US Federal Inquiry on Alleged AML Charges

Bitcoin.com
WSJ Report Claims Tether Faces US Federal Inquiry on Alleged AML Charges
bitcoin.com
WSJ Report Claims Tether Faces US Federal Inquiry on Alleged AML ChargesAccording to an exclusive report by the Wall Street Journal, the U.S. federal government is allegedly examining the cryptocurrency and stablecoin company Tether for potential breaches of sanctions and anti-money-laundering regulations, according to unnamed sources close to the investigation. This criminal probe, reported by the Journal’s Angus Berwick, Vivian Salama, and Ben Foldy is said […]
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FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face 4,000,000,000 in Unrealized Losses

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

US Government’s $20M Crypto Breach: How Most Was Returned Within 24 Hours

Bitcoin.com
US Government’s M Crypto Breach: How Most Was Returned Within 24 Hours
Arkham
US Government’s M Crypto Breach: How Most Was Returned Within 24 HoursAccording to blockchain explorer firm Arkham Intelligence, a significant portion of the U.S. government’s allegedly seized crypto has made its way back. Sudden Shift in Seized Crypto Sparks Questions on U.S. Government Wallet Security Yesterday, Arkham Intelligence flagged a $20 million transfer from government-associated addresses. These funds, primarily in stablecoins and ether, were reportedly sent […]
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FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face 4,000,000,000 in Unrealized Losses

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

Did Hackers Compromise US Government Crypto? $20M in Suspicious Activity

Bitcoin.com
Did Hackers Compromise US Government Crypto? M in Suspicious Activity
Arkham
Did Hackers Compromise US Government Crypto? M in Suspicious ActivityIn a new update from Arkham Intelligence, it seems that crypto wallets linked to the U.S. government may have been compromised, losing around $20 million. According to Arkham, the bulk of the funds, primarily made up of stablecoins, were converted into ethereum “through suspicious addresses linked to a money laundering service.” $20M Vanishes From U.S. […]
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FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face 4,000,000,000 in Unrealized Losses

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

8 Months of Inactivity, Then Millions Withdrawn: What’s Going on With the US Government’s Seized Crypto?

Bitcoin.com
8 Months of Inactivity, Then Millions Withdrawn: What’s Going on With the US Government’s Seized Crypto?
bitcoin.com
8 Months of Inactivity, Then Millions Withdrawn: What’s Going on With the US Government’s Seized Crypto?Blockchain monitoring firm Arkham Intelligence has reported that the U.S. government recently initiated a significant transaction, withdrawing $5.4 million from the decentralized finance (defi) platform Aave. This transfer marks the first activity on this specific government-linked address in eight months. Arkham, known for tracking high-profile movements on the blockchain, flagged the event with an alert, […]
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FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face 4,000,000,000 in Unrealized Losses

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

Macro Guru Luke Gromen Predicts Dollar Collapse Amid Deteriorating US Fiscal Situation – Here’s His Timeline

The Daily Hodl
Macro Guru Luke Gromen Predicts Dollar Collapse Amid Deteriorating US Fiscal Situation – Here’s His Timeline
Daily Hodl
Macro Guru Luke Gromen Predicts Dollar Collapse Amid Deteriorating US Fiscal Situation – Here’s His Timeline

Investor Luke Gromen is forecasting a breakdown in the dollar over time due to an increasingly unfavorable fiscal situation in the United States. In a new interview on the Trader’s Edge podcast, Gromen says the Federal Reserve is essentially “stuck” with low interest rates due to the inability of the US government to afford to […]

The post Macro Guru Luke Gromen Predicts Dollar Collapse Amid Deteriorating US Fiscal Situation – Here’s His Timeline appeared first on The Daily Hodl.

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FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face 4,000,000,000 in Unrealized Losses

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

FBI Seizes More Than $6,000,000 in Crypto From Southeast Asian Scammers Preying on US Citizens

The Daily Hodl
FBI Seizes More Than ,000,000 in Crypto From Southeast Asian Scammers Preying on US Citizens
crypto
FBI Seizes More Than ,000,000 in Crypto From Southeast Asian Scammers Preying on US Citizens

The Federal Bureau of Investigation (FBI) has seized millions of dollars worth of crypto assets from entities in Southeast Asia that allegedly targeted US citizens. In a new announcement on the social media platform X, the FBI says that they’ve seized $6 million worth of digital assets from Southeast Asian scammers who prey on people […]

The post FBI Seizes More Than $6,000,000 in Crypto From Southeast Asian Scammers Preying on US Citizens appeared first on The Daily Hodl.

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FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face 4,000,000,000 in Unrealized Losses

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

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