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History suggests Bitcoin poised for rebound in July
1.7.2024
Bitcoin tends toward strong performance in July, but Mt. Gox is weighing on hopes of a rebound
3 things that can spoil a potentially bullish July for Bitcoin
30.6.2024
BTC price is likely to face headwinds in July from Mt. Gox repayments that could result in a "bull pennant" breakdown on the charts
Crypto Markets To See Selling Pressure in July From Mt. Gox Creditors: JPMorgan
27.6.2024
If most of the liquidations by Mt. Gox creditors occur next month, crypto markets are expected to sell off in July then rebound in August, the report said
U.S. government sends 3,940 Bitcoin to Coinbase exchange
26.6.2024
Data from Arkham Intelligence indicates the Bitcoin was seized from Banmeet Singh, a convicted drug dealer, during his January 2024 trial
The Protocol: Blast's $3B Airdrop and Bitcoin's Mt. Gox Moment
26.6.2024
In this week's issue of CoinDesk's weekly blockchain tech newsletter, we're covering $100 million of fundraisings, project updates from Solana and other teams, complaints over LayerZero's "pay-to-claim" airdrop and nervousness surrounding the Mt. Gox bitcoin distribution
Peter Schiff Predicts Further Bitcoin Plunge Ahead of Mt Gox Payouts — Declares BTC in Official Bear Market
26.6.2024
Economist and gold advocate Peter Schiff has highlighted bitcoin’s recent decline, declaring the cryptocurrency “back in official bear market territory.” He predicts further bitcoin price decline before Mt. Gox creditors begin receiving their crypto payouts next month. Bitcoin...
Galaxy Digital’s Alex Thorn: Mt Gox Bitcoin Distributions Unlikely to Disrupt Market
25.6.2024
After a decade-long wait, creditors of the defunct Mt Gox exchange are set to receive in-kind distributions of bitcoin and bitcoin cash starting in July. The head of research from Galaxy Digital predicts the market impact of these distributions will be less severe than anticipated. Long-Term...
Bitcoin exchange balances 'overrated?' 140K BTC Mt. Gox payout sparks debate
25.6.2024
Bitcoin exchange balances are not a go-to yardstick for BTC price strength, one commentator argues as others dismiss the latest Mt. Gox fears
Mt. Gox Redemption Fears ‘Overblown’ Say Traders as $10B BTC Holdings Draw Concerns
25.6.2024
The defunct crypto exchange’s trustees said Monday they are preparing to start distributing bitcoin (BTC) stolen from clients in a 2014 hack in the first week of July
Mt. Gox Effect? Bitcoin Dominance Drops Most in 5 Months
25.6.2024
BTC's dominance tanked Monday as news of Mt. Gox repayments bolstered concerns of supply overhang entering the market
Bitcoin ETFs shed $1.3B over 2 weeks amid market slump
25.6.2024
Bitcoin ETFs have seen outflows of $1.3 Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months
Mt. Gox repayments won’t be as bad for Bitcoin as you think: Analysts
25.6.2024
The nearly $9 billion in Mt. Gox creditor repayments starting July may not kick down the price of Bitcoin, but they could spell trouble for Bitcoin Cash
Bitcoin sentiment index drops to ‘fear’ — its lowest score in 18 months
25.6.2024
The weakened market sentiment comes amid fears of a potential $8.5 billion market dump by Mt. Gox and recent mass outflows from United States spot Bitcoin ETFs
Bitcoin Threatens $60K on Mt. Gox News, but Sales Could Be Less Than Feared
24.6.2024
Prices are sharply lower on Monday after the trustee for the defunct crypto exchange said it will begin returning more than 140,000 bitcoin to clients whose assets were stolen in a 2014 hack
4-week correction for Bitcoin? Mt. Gox, Germany gov't add sell-pressure
24.6.2024
Bitcoin price risks a potential fall below $60,000, due to Mt. Gox repayments and Germany's government selling its 50,000 BTC
Over $122M Bitcoin longs liquidated as BTC falls below $61K
24.6.2024
The incoming selling pressure from the Mt. Gox repayment could still cause the Bitcoin price to fall below the psychological $60,000 mark
First Mover Americas: Mt. Gox Repayments Worsen BTC Woes
24.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Mt. Gox to Begin Bitcoin & $BCH Rehabilitation Payments in July
24.6.2024
The defunct Bitcoin exchange Mt. Gox’s Rehabilitation Trustee, Nobuaki Kobayashi, announced today that they will begin paying their creditors in Bitcoin and Bitcoin Cash starting in July. This decision is part of a plan to compensate creditors who faced setbacks when the exchange shut down in 2014....
Bitcoin Technical Analysis: Mt Gox Payment News Rattles Markets
24.6.2024
Bitcoin’s price action on June 24, 2024, indicates a clear bearish trend. Hovering around $61,171, bitcoin has fluctuated between $60,580 and $64,384 in the past 24 hours. BTC’s market cap is $1.21 trillion, with a trading volume of $19.12 billion, reflecting significant market...
Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait
24.6.2024
On Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges. After Ten Years, Mt Gox Trustee Announces July Start...