Arkham officials posted on the X platform that the US government transferred another $7,500,000 in cryptocurrency this morning. The US government transferred $300,000 in NEXO, $3,000,000 in WETH, and $4,200,000 in TRX in the past 24 hours. Of these, NEXO and TRX were confiscated from Alameda between 2022 and 2024, while WETH was confiscated from Bitfinex hacker Ilya Lichstan between 2022 and 2024.
According to Onchain Lens, the US government has transferred more seized FTX-Alameda assets. In the past 3 hours, they have transferred: • 47,063 TRX worth $13,770; • 39,396 BUSD; • 8,686 REPV2s worth $12,770.
According to Bitcoin News, the 15,965 bitcoins transferred today related to the sanctioned wallet are still controlled by Chen Zhi, the leader of the criminal group Prince Group, and were transferred on the chain for the first time after three years. It is worth noting that this part of the bitcoin does not belong to the 127,000 BTC that the United States announced last week was seized from its operations.
On October 16 local time, the US Senate voted 51 to 45 to fail again to advance the Republican temporary funding bill. It is reported that the Republican Party needs 60 votes to advance the bill that will fund the government until the end of November. This is already the past two weeks, after the US government shutdown, the Senate has rejected the temporary funding bill in 10 consecutive votes.
On Polymarket, as well as other prediction markets, traders are increasingly betting that the US government shutdown will last until the end of October or longer. According to the implied probability of trading prices on Polymarket, there is currently a 37% chance that the US government shutdown will last more than 30 days, up from 15% when the shutdown began on October 1. The longest government shutdown in US history occurred during Trump's first term, lasting 34 days from December 2018 to Janu...
JPMorgan Chase CEO Jamie Dimon says the U.S. government shutdown will not hurt financial marekts.
According to cryptocurrency KOL Ansem (@blknoiz06), the explosive peak of this cycle will occur when the US government uses newly printed US dollars from the US Treasury to buy bitcoin.
The US government has announced a shutdown in the early hours of Wednesday, after the JOLTS may be the last government report to be seen for some time. If the release of non-agricultural data is delayed, can it start a new era of golden 4 prefix?
According to predictions platform Kalshi, there is a 70% chance that the U.S. government will shut down on Wednesday. Earlier today, the Bureau of Labor Statistics released a government shutdown contingency plan, which will suspend all operations during the shutdown and will not release economic data.
Forecast market Kalshi now sees a 63 per cent chance of a US government shutdown this year, down from 77.9 per cent yesterday. Jeffries, the minority leader in the House of Representatives, just said: "It is possible that a government shutdown will be avoided."