Allegations that the US Could Seize Venezuela's Secret Bitcoin Reserves Stirred the Crypto Markets.
✨ Following the capture of Venezuelan President Nicolás Maduro by US forces, speculation that the country's secret crypto asset reserves could be seized by the US continues to affect the cryptocurrency markets. CNBC's crypto market reporter, MacKenzie Sigalos, highlighted reports that Venezuela converted its oil revenues into Bitcoin via Tether (USDT) to circumvent sanctions. Sigalos stated, "Even the possibility of the US government seizing and holding these assets is a strong bullish signal for Bitcoin." According to independent research, the Maduro regime allegedly created a "shadow reserve" of approximately 600,000 Bitcoin (worth over $60 billion at current value) from assets seized from gold sales, oil trading, and mining operations since 2018. This amount is roughly 3% of Bitcoin's circulating supply and, if confirmed, would make Venezuela one of the world's largest Bitcoin holders. Market analysts predict that if the US gains access to these assets, it will likely hold them as strategic reserves or freeze them for an extended period – which could reduce supply and support the Bitcoin price. Currently, Bitcoin has surpassed the $93,000 level due to the impact of this news. While there has been no official statement from US officials on the matter, it is generating intense debate within the crypto community. $BTC #Bitcoin2026PriceOutlook
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Allegations that the US Could Seize Venezuela's Secret Bitcoin Reserves Stirred the Crypto Markets.
✨ Following the capture of Venezuelan President Nicolás Maduro by US forces, speculation that the country's secret crypto asset reserves could be seized by the US continues to affect the cryptocurrency markets.
CNBC's crypto market reporter, MacKenzie Sigalos, highlighted reports that Venezuela converted its oil revenues into Bitcoin via Tether (USDT) to circumvent sanctions. Sigalos stated, "Even the possibility of the US government seizing and holding these assets is a strong bullish signal for Bitcoin."
According to independent research, the Maduro regime allegedly created a "shadow reserve" of approximately 600,000 Bitcoin (worth over $60 billion at current value) from assets seized from gold sales, oil trading, and mining operations since 2018. This amount is roughly 3% of Bitcoin's circulating supply and, if confirmed, would make Venezuela one of the world's largest Bitcoin holders.
Market analysts predict that if the US gains access to these assets, it will likely hold them as strategic reserves or freeze them for an extended period – which could reduce supply and support the Bitcoin price. Currently, Bitcoin has surpassed the $93,000 level due to the impact of this news.
While there has been no official statement from US officials on the matter, it is generating intense debate within the crypto community.
$BTC #Bitcoin2026PriceOutlook