Bitcoin Has Been Co-Opted’: Jim Bianco Says Wall Street Hijacked It

Rumors suggesting the US government had secretly sold off a large portion of its Bitcoin reserves were swiftly denied yesterday after new on-chain data emerged. Arkham Intelligence, a US-based blockchain analytics firm and public data platform, published updated figures confirming that the US Government still holds at least 198,000 BTC, currently valued at approximately $23.5…

Executive director of the President’s Council of Advisors for Digital Assets Patrick Witt stated US officers are actively analyzing how Venezuela’s Maduro regime was financed, together with whether or not any worth sits in Bitcoin and “digital belongings,” as hypothesis mounted earlier this month that current Venezuela-linked actions might have surfaced a big Bitcoin cache….