Search results for U.S. Department of Justice
Crypto
Bitcoin holds near $73,000 as BNB jumps 12 percent on spot ETF launch
Binance Coin surged nearly 12 percent in a day, drawing attention in the cryptocurrency market, while bitcoin held near $73,000 with a modest gain. The move followed asset manager VanEck’s launch of a U.S. spot BNB exchange-traded fund, the first such product in the United States. Gains came despite macro headwinds including the prolonged Iran situation and rising U.S. Treasury yields.
Crypto
U.S. government transfers seized Alameda altcoins to Coinbase Prime, raising sale questions
The U.S. government has moved about $1.9 million worth of altcoins seized from Alameda Research to Coinbase Prime. Arkham Intelligence flagged the transfer, which involved five tokens including RNDR and UNI. Some market participants viewed the move as routine asset management rather than an immediate sell signal. Arkham data show U.S. government-linked wallets hold $27 billion in digital assets, mostly bitcoin, as of early May 2026.
Crypto
U.S.-China rivalry spills into cryptocurrency with diverging strategies on bitcoin
The U.S. Department of Defense is operating bitcoin nodes to run network security tests, in its first official acknowledgement of such activity, as competition intensifies over using bitcoin as a national security asset. Admiral Samuel Paparo Jr said bitcoin is linked to national security and has cyber applications beyond its economic value. Iran, Taiwan and Russia are also considering or using bitcoin in payments or reserves. U.S.-China tensions extend to seized holdings and mining supply chains.
