Is the US government making a 'huge strategic mistake' selling Bitcoin?

Rise’n’Crypto

Bitcoin had a quiet start to the week after a historic monthly close, but only when it came to price action. Beyond that, plenty is happening. The big talking point of the past 24 hours is the US government moving almost 20,000 BTC to Coinbase Prime and possibly selling a portion of it. This drew criticism and reignited a debate over whether the US should be selling any Bitcoin. Also, while on Bitcoin, Michael Saylor delivered his pitch to the Microsoft board and shared the video and the pitch deck. Finally, the co-creator of Meta's stablecoin project, Diem, opens up about how it didn't just die, it was killed.
Further reading:

• US government selling Bitcoin is a ‘huge strategic mistake,’ say observers
• US gov’t transfers $1.9B BTC seized from Silk Road to Coinbase Prime
• Michael Saylor tells Microsoft it’s value could soar $5T with Bitcoin
• Death of Meta’s stablecoin project was ‘100% a political kill’ — Ex Diem boss

References:

• Michael Saylor's pitch to Microsoft

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.
Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com
The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.