$XRP HOT XRP!!!
🇺🇸 Judge Torres has approved the use of $XRP for payments by all banks and institutions in the United States!!!
At the same time, the US government also transferred nearly 2 billion USD worth of Bitcoin to the exchange for sale.
Decrypt's blockchain data shows that on Monday (3/12), a wallet tagged "US Government: Silk Road Seized Funds, Department of Justice" transferred 19,800 Bitcoin, worth approximately 1.92 billion USD to the world's third-largest cryptocurrency exchange Coinbase.
This is believed to be the Bitcoin seized by the US government from the "black market" Silk Road. This amount of Bitcoin was split to be transferred to 2 different wallets on Coinbase. According to Arkham, the cost of transferring 19,800 Bitcoin was only 3.34 USD.
The Bitcoin that just moved has been confirmed as part of the 50,000 BTC that US authorities seized from investigations related to the Silk Road hack. This is one of the largest "black markets" in the world and was shut down in 2014.
After this information, the price of Bitcoin dropped more than 2% to 95,250 USD/BTC, according to CoinGecko. However, the value of this cryptocurrency has now recovered nearly 1% to 96,461 USD.!!!