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76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M


Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally, 76 transactions from dormant bitcoin wallets...

The Protocol: Bitcoin Gets Political as U.S. Government Ponders Airdrops


In this week's issue of CoinDesk's newsletter on blockchain tech, we examine U.S. Senator Cynthia Lummis's call for a national "Bitcoin Strategic Reserve." We've also got photos from the Bitcoin Nashville conference, where it seemed like nearly everyone was talking about staple-gunning layer-2...

US Government Transfers $2 Billion in Bitcoin to Unknown Wallet


According to onchain data, a Department of Justice (DOJ) labeled bitcoin wallet transferred 29,799.99 BTC, valued at just over $2 billion. This move by the U.S. government follows Germany’s sale of its bitcoin and a growing belief among U.S. politicians that seized coins should be held...

Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut


U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2024 appearance on Friday that the government should "make it easy" for the crypto industry to innovate in the U.S

U.S. Candidate Robert F. Kennedy Jr.: “Most of My Wealth in Bitcoin”


During the BTC 2024 conference in Nashville, Robert F. Kennedy Jr. again expressed his support for Bitcoin. Kennedy further cemented his pro-crypto stance by revealing that he had put most of his money into Bitcoin. This move positions him with some financial trends shaping this election period....

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