","button_title":"Play-to-Earn Game List","span_one":"No obligations","span_two":"Free to use"}},"header":{"homepage":"Homepage","Game Reviews":"Game Reviews","Game List":"Game List","Developers":"Developers","Developer List":"Developer List","Gaming News":"Gaming News","search":"Search","local":"en","Popular P2E Developers":"Popular P2E Developers","Play To Earn Games":"Play To Earn Games","P2E Games":"P2E Games","Crypto Games":"Crypto Games","Web3 Games":"Web3 Games"},"meta":{"title":"Games to Earn, Blockchain, NFT, P2E Games List","description":"Play hundreds of games! Games to Earn, P2E, Blockchain, NFT, Crypto, Web3 Games. Read game reviews and start playing right away. Play now!","ogType":"article","keywords":"NFT Games, Crypto Games, Earning Games, Earning Games, Blockchain Games, P2E Games"}}},"initialLocale":"en","ns":["news_letter","singleNews","singleGame","footer","common","header","meta"],"userConfig":{"i18n":{"locales":["en","hi","fr","es","de","pt","nl","tr"],"localeDetection":false,"defaultLocale":"en","domains":[{"domain":"playtoearngames.com","defaultLocale":"en"},{"domain":"hi.playtoearngames.com","defaultLocale":"hi","locales":["hi-IN"]},{"domain":"fr.playtoearngames.com","defaultLocale":"fr","locales":["fr-BE","fr-CA"]},{"domain":"es.playtoearngames.com","defaultLocale":"es","locales":["es-GT","es-MX"]},{"domain":"pt.playtoearngames.com","defaultLocale":"pt","locales":["pt-BR"]},{"domain":"de.playtoearngames.com","defaultLocale":"de","locales":["de","de-DE","de-AT","de-CH"]},{"domain":"nl.playtoearngames.com","defaultLocale":"nl","locales":["nl-BE"]},{"domain":"tr.playtoearngames.com","defaultLocale":"tr"}]},"trailingSlash":true,"default":{"i18n":{"locales":["en","hi","fr","es","de","pt","nl","tr"],"localeDetection":false,"defaultLocale":"en","domains":[{"domain":"playtoearngames.com","defaultLocale":"en"},{"domain":"hi.playtoearngames.com","defaultLocale":"hi","locales":["hi-IN"]},{"domain":"fr.playtoearngames.com","defaultLocale":"fr","locales":["fr-BE","fr-CA"]},{"domain":"es.playtoearngames.com","defaultLocale":"es","locales":["es-GT","es-MX"]},{"domain":"pt.playtoearngames.com","defaultLocale":"pt","locales":["pt-BR"]},{"domain":"de.playtoearngames.com","defaultLocale":"de","locales":["de","de-DE","de-AT","de-CH"]},{"domain":"nl.playtoearngames.com","defaultLocale":"nl","locales":["nl-BE"]},{"domain":"tr.playtoearngames.com","defaultLocale":"tr"}]},"trailingSlash":true}}}}Exploring the Truth Behind USMS' Big Bitcoin Move - Silk Road Connection Revealed? - Play to Earn Games News
Exploring the Truth Behind USMS' Big Bitcoin Move - Silk Road Connection Revealed?
Reinout te Brake | 17 Aug 2024 08:03 UTC
In the latest developments within the cryptocurrency space, there's been significant movement of Bitcoins that seems to have ties with the government. A notable finance lawyer, Scott Johnsson, has raised a point that the United States Marshals Service's (USMS) recent bitcoin transactions hint at a potential sell-off. This observation comes amid the backdrop of a prior agreement between the USMS and Coinbase Prime, a leading cryptocurrency exchange platform.
Recently, the US Marshals Service reportedly moved a substantial amount of bitcoin, approximately 10,000 units, sourced from the Silk Road seizure, leading to widespread speculation about a government-sanctioned bitcoin sell-off. Scott Johnsson argues that these movements are not random but instead point towards an intended sale. The basis of Johnsson's assertion rests on a previous deal inked between the USMS and Coinbase Prime, a partnership that began in June. Should USMS assets transfer to Coinbase Prime's custody, it suggests a preparation or commencement of asset liquidation.
Further underpinning his perspective, Johnsson elaborates that such a transfer to a custodial address, especially under the terms agreed upon with Coinbase, signifies a sale action. He posits that the assets remained in a segregated state before this notable bitcoin transfer, implying an imminent or already ongoing sale process. Moreover, Johnsson didn't limit the scope to Coinbase alone, noting that moving funds to any mixed exchange address might also indicate a sell-off, and some of the seized bitcoin may have already been liquidated.
Political Influence on Cryptocurrency Movements?
Johnsson also reflects on the timing and potential motivations behind the USMS’s bitcoin sale, suggesting that it might have been expedited following the massive support for bitcoin shown by former President Donald Trump during his election campaigns. He juxtaposes this with Vice President Kamala Harris's Crypto4Harris event, highlighting the political intersections within the cryptocurrency movements and decisions concerning the USMS's bitcoin transactions.
In 2022, the Department of Justice made headlines with the historic seizure of over 50,000 Bitcoins connected to the nefarious Silk Road dark web marketplace. Fast forward to July 2024, and Arkham Intelligence reported an enigmatic transfer of 29,800 BTC, valued close to $2 billion, to a specific address. This, coupled with more recent transactions, has led analysts to deduce a possible linkage to the seized funds. Just this week, a transfer involving 10,000 Bitcoins sourced from Silk Road was reportedly made to Coinbase Prime, drawing closer scrutiny from various quarters.
According to Johnsson’s analysis, we can anticipate official confirmation of these transactions by January 2025, which will be disclosed in the Department of Justice's Asset Forfeiture Program FY2024 report. These revelations underscore a broader narrative of cryptocurrency's entanglement with regulatory and governmental actions, reflecting the complexities and evolving dynamics of digital currencies.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Readers are advised to exercise caution before taking any action related to the content mentioned.
In conclusion, the US Marshals Service's bitcoin transactions speak to a broader narrative within cryptocurrency’s intersection with governmental policy and marketing dynamics. As the situation unfolds, it underscores the importance of vigilant monitoring and analysis to understand the full implications of these movements on the market and regulatory landscapes.
In the ever-evolving landscape of blockchain games, Guild of Guardians (GOG), orchestrated by Immutable, has once again captured the community's attention with its latest round of updates this August Following a fruitful July that marked the debut of engaging guild features and the Building Blocks Special Event, GOG has unveiled a series of enhancements aimed at enriching the player experience Among these are a revamped leaderboard reward system and the introduction of an enthralling special event titled “A Full House ” The crux of these developments lies in refining reward mechanisms, amplifying incentives for both individual players and guilds, and infusing the game with fresh, captivating features
The Event Promoted Teamwork Among Players By Giving Out Different rewards
GOG transports participants to the mystical realm of Elderym, teetering on the brink of annihilation at the hands of the malevolent Dread...
Understanding the Shift in bitcoin Dominance and Its Impact on the Cryptocurrency Landscape
In the dynamic realm of cryptocurrency, bitcoin has long maintained a position of dominance, a metric indicating its share of the overall market capitalization in comparison to other cryptocurrencies However, recent insights suggest this dominance might not return to the peaks observed in December 2020 The evolving landscape of digital assets, characterized by the rise of altcoins and the expansive growth of stablecoins, presents a nuanced picture of bitcoin's position within the market
bitcoin's Dominance: A Current Perspective
As we examine the current state of bitcoin's market dominance, it becomes apparent that while there is an upward trend, achieving the 70% milestone seen at the end of 2020 appears unlikely With dominance levels hovering around 57...
In the fluctuating landscape of digital currencies, bitcoin's recent volatility has been a topic of much discussion and concern among investors The sharp decline in bitcoin's price, dropping below $60,000 after a high of $70,000, underscores the unpredictable nature of cryptocurrencies However, amidst this turmoil, several top altcoins have demonstrated resilience, showcasing substantial bullish potential This article will delve into the remarkable performance of certain altcoins, like RUNE and Rollblock's GambleFi protocol, which have managed to thrive despite the challenging market conditions
bitcoin's Volatile Journey and Its Ripple Effects
bitcoin's price trajectory has been nothing short of a rollercoaster ride, with a 12% drop on the monthly chart causing unease among investors...