A report from The Washington Post says that around 70 people connected to the Trump administration own crypto or shares in crypto companies. This includes Donald Trump, Vice President JD Vance, ministers, and US ambassadors.
Public financial reports show that their total crypto holdings are worth at least $193 million, but the real number could be much higher.
The biggest crypto holder is US ambassador to Denmark Ken Howery, who reported more than $120 million in crypto assets.
A Bitcoin holder moved 500 BTC for the first time since 2013. The coins were sent to a new wallet.
Today, the value of these Bitcoins is around $41 million. Back in 2013, they were worth only about $457,000.
In 12 years, the price increased almost 90 times.
Nobody knows why the owner moved the coins. In many cases, activity from old wallets can happen before funds are sold or transferred to crypto exchanges.
Ngay trước khi có tin tức về khả năng thỏa thuận ngừng bắn giữa Mỹ và Iran, những trader không rõ danh tính đã mở các vị thế short khổng lồ trên dầu trị giá gần $920 triệu.
Sau khi các báo cáo được công bố, giá dầu đã giảm khoảng 12%, và các trader đã kiếm được hơn $125 triệu lợi nhuận.
Bây giờ CFTC đang điều tra xem có thông tin nội bộ hoặc thao túng thị trường nào liên quan hay không.
Michael Saylor said that Strategy could sell part of its Bitcoin if it helps the company and its shareholders.
The money from these sales could be used to pay dividends, reduce debt, or buy back shares. At the same time, the company reported a loss of about $12.5 billion in the first quarter.
Even with these losses, Strategy still plans to keep buying more Bitcoin when market conditions are good. $BTC #Macro Insights#