Connect with us
DAPA Banner

Crypto World

U.S. Government Moves $177K Bitcoin Seized from Steroid Dealer Glenn Olivio to Coinbase Prime

Published

on

Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • The U.S. Government sent 2.44 BTC worth $177K from Glenn Olivio’s seized wallet to Coinbase Prime.
  • The transfer ended over 30 days of wallet inactivity, triggering immediate attention from on-chain analysts.
  • Coinbase Prime’s institutional setup suggests the funds are now positioned for custody or potential sale.
  • Small government Bitcoin transfers have historically preceded larger cluster movements in seized asset cycles.

U.S. government-seized Bitcoin linked to indicted steroid distributor Glenn Olivio has moved to Coinbase Prime, blockchain data shows. The transfer involved 2.44 BTC worth approximately $177,400 — the first wallet activity in over a month. 

While the amount is relatively small, the destination has raised immediate questions across the crypto market about a potential structured liquidation of federally held assets.

Drug Money, Federal Wallets, And A Transfer That Caught The Market’s Attention

The U.S. Government’s seizure of Bitcoin does not move quietly. When 2.44 BTC left a wallet tied to Glenn Olivio and arrived at Coinbase Prime, blockchain trackers flagged it within minutes. 

Olivio was indicted in 2025 on charges related to operating an illegal steroid distribution network. The funds had sat untouched in federal custody for over a month. 

That silence made the transfer more striking when it finally came. On-chain data laid out the full trail — from criminal proceeds to government custody to an institutional trading platform — in plain view.

Advertisement

Coinbase Prime is not a holding address. It is a platform built specifically for institutions to manage, custody, and sell large volumes of digital assets. 

Advertisement

Sending seized Bitcoin there carries a specific message to the market — these funds are being prepared for structured handling, and a sale is possible.

A Small Transfer, But A Signal The Crypto Market Is Taking Seriously

The $177,400 figure is modest by government crypto standards. Federal agencies collectively hold billions in seized digital assets. 

Still, traders and on-chain analysts monitor even the smallest government wallet movements with considerable attention.

The reason is precedent. Small transfers from seized government wallets have historically preceded larger cluster movements. 

Advertisement

One modest on-chain transaction can signal the beginning of a broader repositioning effort, not just a one-off administrative shuffle.

Blockchain technology has stripped away the opacity that once surrounded government asset forfeiture. Federal auctions used to happen behind closed doors, invisible to the public until after the fact. 

Now every wallet movement is recorded, timestamped, and publicly accessible within seconds. That transparency changes the dynamic entirely. 

Market participants can watch seized criminal proceeds move through the financial system in real time. Whether this particular transfer leads to an immediate liquidation or sits within a longer strategy, the crypto market has already registered it — and will keep watching.

Advertisement

Source link

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

New Crypto Pepeto Final Exchange Testing Update While Markets Ask If Dogecoin Price Prediction Can Reach $1

Published

on

New Crypto Pepeto Final Exchange Testing Update While Markets Ask If Dogecoin Price Prediction Can Reach $1

The new crypto Pepeto moved into final exchange testing, and the presale pushed past $8,920,321 at the fastest pace this project has ever seen. On-chain activity inside this presale makes traders remember what showed up around Dogecoin in its earliest days, before small bags turned into serious wealth and the rest of the market wished they had moved faster.

This article breaks down the Dogecoin price prediction numbers and why the new crypto Pepeto keeps showing up as the biggest opportunity of 2026.

Before getting into the Pepeto project in detail, a quick look at DOGE outlook. The Dogecoin price prediction for $1 faces a long road from $0.093 but the catalysts stacking underneath make it harder to dismiss. DOGE needs to clear $0.095 first, a level that sellers have capped for six straight weeks, then break $0.10 where the Fibonacci ceiling sits according to CoinMarketCap.

After that, the 200-day EMA waits at $0.126, and the real fight starts at $0.25 where the 2026 high failed. A $1 Dogecoin price needs $148 billion in market cap, roughly ten times where it trades today.

Advertisement

Three spot ETFs are already live, the SEC classified DOGE as a digital commodity in March, developer activity jumped 300% year over year, and a GitHub proposal to cut annual issuance by 90% could flip the supply math entirely according to Benzinga. X Money is live with 600 million users but launched fiat-only with no DOGE integration confirmed, and every bull case above $0.25 depends on Musk making that call according to Changelly. The pieces are there. The trigger is not.

The main reason behind the Dogecoin price prediction is clear. A meme coin with no real tools behind it loses value the moment attention moves somewhere else. So where do you make real money on meme coins in 2026? Not on tokens sitting at $14 billion with nothing underneath. You find the early one, the new crypto with DOGE level energy in its first days, real Musk ties spreading across every platform, and a community growing the way DOGE grew before it blew up. That new crypto is Pepeto.

Pepeto Project In Focus

The data points anyone looking for real returns straight to Pepeto, and the case gets even stronger once you see what the team actually built behind those presale numbers.

“What would Dogecoin look like today if it launched with a real exchange behind the name instead of nothing? That question is the whole reason Pepeto was built. The exchange handles every swap at zero fees across Ethereum, BNB Chain, and Solana, the bridge sends tokens between all three chains instantly, and the AI scanner catches scam contracts before they touch any wallet. Every one of those actions runs on Pepeto, so the community pushing viral growth is the same user base generating real volume every day,” said the senior developer on the Pepeto team.

Advertisement

Picture being inside Dogecoin before Musk ever tweeted about it. That is where Pepeto sits right now. The wallets that rode a few thousand into millions on DOGE got one thing right: they entered before the world knew the name, and by the time Musk tweeted those positions were already worth fortunes.

Pepeto is moving on that same path. Musk’s ties to Pepeto keep growing across X and Telegram, and the only question left is when he posts about it, because the same signals that came before his Dogecoin run are showing up around Pepeto now. The whale wallets filling this presale are moving the same way early DOGE whales moved. Maybe they know something nobody else does. They always do.

Conclusion

The Dogecoin price data makes one thing clear: a $14 billion meme token cannot turn a small position into the kind of money that changes how someone lives. But early DOGE buyers know exactly what that feels like. A few hundred dollars at $0.004 became a house, a paid off car, a life with no alarm clock.

Those people did not do anything complicated. They made one right decision at the right time, and that single choice separated them from everyone who spent the next five years saying they almost bought.

Advertisement

Pepeto is sitting at that same moment right now, priced at presale, weeks from a Binance listing, with the same energy DOGE had before the world knew the name, and for anyone looking for the one decision that could deliver the same outcome, Pepeto is it.

Click To Visit Pepeto Website To Enter The Presale

FAQs

What is the dogecoin price prediction for 2026?

Benzinga targets the Dogecoin price between $0.145 and $0.249 for 2026. DOGE sits at $0.093 with three spot ETFs live.

Advertisement

Why is Pepeto considered a leader in the presales space?

Pepeto leads the presales race because it pairs meme coin virality with a working zero fee exchange at presale pricing. The Pepe cofounder leads the project with $8.9 million raised and a confirmed Binance listing ahead.


Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Source link

Advertisement
Continue Reading

Crypto World

Why Pavel Durov says deleted Signal messages may not be gone

Published

on

Why Pavel Durov says deleted Signal messages may not be gone

Pavel Durov said push notifications can create a privacy risk even after users delete messages and apps. 

Summary

  • Pavel Durov said push notifications may preserve data even after users delete chats and apps.
  • Reports said FBI retrieved deleted Signal messages from iPhone notification logs in a criminal investigation.
  • Interest in decentralized messaging apps rose as bans, unrest and internet restrictions disrupted communication access.

His remarks followed reports that investigators retrieved deleted Signal messages from iPhone notification logs, renewing debate about metadata, device storage and private messaging tools.

Durov said push notifications can leave message data on a device outside the encrypted chat itself. He said that risk remains even when users turn off preview text, because people they contact may still use default settings.

Advertisement

“Turning off notification previews won’t make you safe if you use those applications, because you never know whether the people you message have done the same,” he wrote.

He linked that point to privacy settings that depend on choices made by both sides of a conversation.

Durov referred to a report first published by 404 Media. The report said the FBI accessed deleted Signal messages from notification logs stored on an Apple iPhone used in a criminal case.

The case drew attention to how investigators can access data created around messages, even when message content remains protected by end-to-end encryption.

Advertisement

Moreover, the reports renewed focus on metadata, notification storage and other records created by messaging apps and operating systems. Encrypted content may stay protected, but surrounding device data can still reveal communication details.

That debate also increased interest in messaging tools that try to reduce centralized data collection. Developers of decentralized platforms say local storage, routing methods and network design affect how much information remains after users send or delete messages.

Decentralized apps gain users during bans

Interest in decentralized messaging and social platforms has risen since 2025 during blackouts, unrest and internet restrictions. Exploding Topics data cited in the report showed online search interest in decentralized social media platforms rose 145% over five years.

The report also pointed to Bitchat, a Bluetooth mesh messaging app that works without the internet. It said more than 48,000 users in Nepal downloaded the app during a social media ban in September 2025, while Durov said Telegram bans in Iran drove users toward VPNs instead of state-backed services.

Advertisement

Source link

Continue Reading

Crypto World

Bitcoin, Ether Near Levels That Could Signal Trend Reversal: Investor

Published

on

Bitcoin, Ether Near Levels That Could Signal Trend Reversal: Investor

Bitcoin and Ether aren’t far from levels that could signal a trend reversal this year, despite a growing consensus across the industry calling for a bear market, according to macro analyst Jordi Visser.

“If we trade above $76,000 and at the same time we see Ethereum above $2,400, I believe that is the beginning of a move that will be sustainable this year because I don’t think we’re going to have a recession,” Visser said on the Anthony Pompliano podcast published on YouTube on Friday.

A move to $76,000 would represent an increase of 6.1% from Bitcoin’s (BTC) price of $71,646 at the time of publication, according to CoinMarketCap data. Ether’s (ETH) move to $2,400 would represent an increase of around 8%.

Inflation is going to remain high, says Visser

Traders on the prediction market Kalshi are leaning toward a similar macro outlook to Visser, pricing a 24% chance of a recession in 2026, down 10% over the past 30 days.

Advertisement

“I think inflation is going to stay elevated, and I think people are going to need to find something that is making money in a world where the S&P is not moving anywhere,” Visser said.

Jordi Visser spoke to Anthony Pompliano on Friday. Source: Anthony Pompliano

The United States Bureau of Labor Statistics (BLS) revealed in a report published on Friday that the Consumer Price Index (CPI) in April rose 3.3% year-over-year.

Visser’s recent comments challenge the growing view across the crypto industry that 2026 still has more downside ahead, with some even calling for a move below the Feb. 6 yearly low of $60,000. 

Bitcoin may fall below $60,000 yearly low

On March 31, veteran trader Peter Brandt said that this may not be the lowest level for 2026, forecasting that Bitcoin could retest or even move “slightly lower” than the price level in September or October this year. 

“That would then be the bear cycle low,” Brandt said. 

Advertisement

Related: Bitcoin charts point to $80K in April: Here’s how it may happen

Visser explained that he has never been a “big fan” of labeling Bitcoin price trends as bull or bear markets. 

“Especially when we’re at all-time highs. Like, at some point in there, it just seems like okay, they go up and then the normal course is at some point people don’t invest as much as they have,” he said.

Magazine: Should users be allowed to bet on war and death in prediction markets

Advertisement