The US government transferred about 264.8 Bitcoin, worth roughly $23 million, to Coinbase as part of a court-ordered restitution to Bitfinex for the 2016 hack. This move is not a sale but a return of seized assets following a 2025 federal court ruling requiring in-kind restitution. Bitfinex plans to use the returned coins to redeem tokens for hack victims and buy back its LEO tokens. This transfer represents a small fraction of the government's total Bitcoin holdings and signals no immediate market impact.
The US government's Bitcoin transfer to Coinbase is context for readers. As of Oct 07, 2026 00:03 WIB, 24 of 50 major cryptocurrencies on Pluang rose, 25 fell. ALGO dropped 3.59% to Rp2.204 with 73% buy orders; UNI fell 3.29% to Rp154.275 with 65% buy orders; ADA rose 2.98% to Rp4.871 with 60% buy orders.
An analyst from BMO Capital set a $67 price target for Devon Energy, suggesting a 40% upside from its current share price of around $48. The oil and gas producer has consistently beaten earnings estimates recently, showing strong financial health. Ho...
An investment of $10,000 in Marvell stock a decade ago has grown to approximately $206,000 today. Achieving the same growth again would require an annual earnings increase of 35%. This highlights Marvell's strong past performance and the challenge of...
Analyst Ivan Feinseth of Tigress Financial raised Amazon's price target from $315 to $385, reflecting a potential 50.8% upside from the current price of $255.37. The upgrade is driven by strong demand for Amazon Web Services (AWS), with much of its 2...
StrikePoint Gold has finalized the $70 million acquisition of the Northumberland Gold Project in Nevada's Walker Lane, a significant gold deposit with an initial mineral resource estimate of 2.86 million ounces indicated and 1.57 million ounces infer...
Shares of major cruise operators Norwegian Cruise Line, Royal Caribbean, and Carnival all rose between 4% and 5%, outpacing broader market gains. Norwegian Cruise Line, despite a 30% year-to-date decline, saw a 5% jump driven by sector-wide demand ra...
