The flagship crypto is still up 85% over the past 12 months, but this sudden shift in supply briefly shook confidence.
That original haul, bought when Bitcoin traded at $0.78, is now worth over $1 billion. Moments later, a second address transferred another 10,000 BTC, taking the total to 20,000 BTC shifted in one morning.
That equates to a jaw‑dropping 140,000× return on the tiny initial outlay. Analysts caution it may not be a single individual behind both wallets, but the timing grabbed attention.
All three measures aim to set new rules for market structure, stablecoins, and prevent a retail CBDC surveillance system.
House Financial Services Chair French Hill, Agriculture Chair Glenn “GT” Thompson, and Speaker Mike Johnson say they plan to deliver these bills to US President Donald Trump’s desk.
The goal is to build a clear rulebook for digital assets, though some fear the debate could drive fresh volatility.
Bitcoin rallied past $109K overnight before pulling back to trade around $108,700, at press time. The market sits less than $3,000 away from its recent all‑time high of about $112K.
Spot‑Bitcoin ETFs in the US continue to load up on BTC, and some corporate treasuries keep adding to their stacks. Yet macro factors—rising rates, bank sector worries, and global tensions—keep a bit of caution in the air.
Featured image from Meta, chart from TradingView
