The post Silk Road Linked Bitcoin Wallets Move $3 Million appeared on BitcoinEthereumNews.com. Approximately $3 million in BTC linked to the Silk Road creator was recently transferred. Ross Ulbricht’s Bitcoin wallets resurfaced early this year. The latest transactions triggered curiosity among cryptocurrency traders. Coinbase Director of Product Strategy and Business Operations, Conor Grogan, has identified fresh Bitcoin transactions worth approximately $3 million emerging from Silk Road-linked wallets. Grogan flagged the transactions after a crypto market observer highlighted an interesting series of transactions involving significant BTC volumes. Related: Trump Pardons Ross Ulbricht, Ending Life Sentence for Silk Road Crimes Dust Wallets Rebound After 13 Years According to Grogan, the highlighted transactions involved Bitcoin wallets comprising a set of addresses he previously identified and associated with Ross Ulbricht, the creator of the darknet market Silk Road. Grogan found approximately 430 BTC across dozens of crypto wallets, which he suspected were among those not confiscated by the U.S. government after Ulbricht’s arrest over a decade ago. After finding the wallets in January 2025, Grogan noted that they contained Bitcoins worth approximately $47 million. However, he stated that they could have been worth a lot less over the years, considering Bitcoin’s price from 13 years ago, when Ulbricht faced legal challenges and imprisonment by the government.  Grogan, who believed the assets belonged to Ulbricht, publicly welcomed the creator back after a Presidential pardon while displaying a particular Bitcoin wallet holding 89.77 BTC. Notable Transactions Re-Emerge in the Bitcoin Ecosystem Nearly one year later, activity has resumed on the Silk Road-linked wallets amid relatively low volatility in the Bitcoin market. During the same period, Lookonchain, a blockchain analysis platform, identified another significant transaction involving SpaceX. According to Lookonchain, a crypto wallet linked to the American aerospace manufacturer transferred 1,021 BTC, equivalent to $94.48 million, to Coinbase Prime for custody. Crypto analysts are now watching the possible impact of… The post Silk Road Linked Bitcoin Wallets Move $3 Million appeared on BitcoinEthereumNews.com. Approximately $3 million in BTC linked to the Silk Road creator was recently transferred. Ross Ulbricht’s Bitcoin wallets resurfaced early this year. The latest transactions triggered curiosity among cryptocurrency traders. Coinbase Director of Product Strategy and Business Operations, Conor Grogan, has identified fresh Bitcoin transactions worth approximately $3 million emerging from Silk Road-linked wallets. Grogan flagged the transactions after a crypto market observer highlighted an interesting series of transactions involving significant BTC volumes. Related: Trump Pardons Ross Ulbricht, Ending Life Sentence for Silk Road Crimes Dust Wallets Rebound After 13 Years According to Grogan, the highlighted transactions involved Bitcoin wallets comprising a set of addresses he previously identified and associated with Ross Ulbricht, the creator of the darknet market Silk Road. Grogan found approximately 430 BTC across dozens of crypto wallets, which he suspected were among those not confiscated by the U.S. government after Ulbricht’s arrest over a decade ago. After finding the wallets in January 2025, Grogan noted that they contained Bitcoins worth approximately $47 million. However, he stated that they could have been worth a lot less over the years, considering Bitcoin’s price from 13 years ago, when Ulbricht faced legal challenges and imprisonment by the government.  Grogan, who believed the assets belonged to Ulbricht, publicly welcomed the creator back after a Presidential pardon while displaying a particular Bitcoin wallet holding 89.77 BTC. Notable Transactions Re-Emerge in the Bitcoin Ecosystem Nearly one year later, activity has resumed on the Silk Road-linked wallets amid relatively low volatility in the Bitcoin market. During the same period, Lookonchain, a blockchain analysis platform, identified another significant transaction involving SpaceX. According to Lookonchain, a crypto wallet linked to the American aerospace manufacturer transferred 1,021 BTC, equivalent to $94.48 million, to Coinbase Prime for custody. Crypto analysts are now watching the possible impact of…

                                                                               Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.                     Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more