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Mt. Gox shifts approx $9.6B BTC to an unidentified address
28.5.2024
As per data released by Arkham Intelligence, there has been a major shifting of approximately $9.6 billion worth of Bitcoin by Mt. Gox to an unidentified address, which includes 42,830 BTC worth $2.9 billion, via its inactive wallet. The now worthless Bitcoin exchange, which degenerated in 2014...
Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCH
28.5.2024
Based on onchain metrics, the Mt Gox funds, once consolidated into a single address holding over $9.6 billion in bitcoin, have now been distributed to three separate addresses as of Tuesday morning. Mt Gox Funds Redistribution An examination of the onchain transfers from the Mt Gox bitcoin cache...
First Mover Americas: Bitcoin Falls Below $68K After $9B Mt. Gox Transfer
28.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 28. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Price Prediction as Mt. Gox Wallet Transfers $2.93 Billion in BTC – Will BTC Stay Above $68K?
28.5.2024
Mt. Gox’s transfer of $2.93 billion in BTC triggered a 2% drop in Bitcoin’s price, raising investor concerns.
The post Bitcoin Price Prediction as Mt. Gox Wallet Transfers $2.93 Billion in BTC – Will BTC Stay Above $68K? appeared first on Cryptonews
Former Mt. Gox CEO Mark Karpelès Assures No Imminent Bitcoin Sale, “Everything Is Fine”
28.5.2024
In a social media post, Mark Karpelès, the former CEO of the now-defunct cryptocurrency exchange Mt. Gox, provided a status update on the recent situation. He assured followers that “everything is fine with MtGox” and revealed that the trustee is currently moving coins to a different...
Mt. Gox moves $9.6B worth of Bitcoin. Are creditors now being repaid?
28.5.2024
The transfer represents the first significant on-chain movement from Mt. Gox-related wallets in the past five years, ahead of the October 2024 repayment deadline
Crypto Markets Spooked as Mt. Gox Moves Over $9B in Bitcoin
28.5.2024
The price of bitcoin (BTC) fell sharply after Mt. Gox, the infamous cryptocurrency exchange that went bankrupt a decade ago, began moving billions worth of the cryptocurrency to a new wallet, Mt. Gox’s first bitcoin transfers in five years. So far the transactions total at least $9 billion...
Mt.Gox Moves $7B Bitcoin as Part of Repayment Plans, Sparking BTC Price Plunge
28.5.2024
Nearly 107,000 bitcoin have been moved since early Asian hours on Tuesday, with bitcoin shedding 1.2% on expectations of selling pressure
After Half a Decade, Mt. Gox Initiates $2.9B Bitcoin Transfer
28.5.2024
Defunct crypto exchange Mt. Gox transferred about 42,829 Bitcoin, valued at roughly $2.9b, to a new wallet according to data from Arkham Intelligence. Bitcoin’s price dropped slightly to $67,787 after reaching a high of $70,600 on Monday.
The post After Half a Decade, Mt. Gox Initiates $2.9B...
Mt. Gox-labeled wallets move billions in Bitcoin amid hopes of payback
28.5.2024
Billions in Bitcoin reportedly belonging to collapsed crypto exchange Mt. Gox has moved to an unknown wallet
FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research
16.5.2024
“Not all creditor repayments are bearish,” said K33’s analysts, noting FTX's cash payouts versus the crypto repayments from Gemini and Mt. Gox
Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom
8.5.2024
Investors should brace for waves of fear, uncertainty and doubt – or FUD – over the next few months, a K33 Research analyst said
FTX addresses transferred $8.3M one day before amended proposal deadline
6.5.2024
The transfer occurred a day before FTX debtors are set to release a new restructuring plan for the exchange
Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety, Warns K33 Analyst
24.4.2024
The potential return of over $9 billion worth of Mt. Gox-era Bitcoin in the coming weeks could unsettle the market and exert negative price pressure on Bitcoin, according to analysts at K33 Research.
The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety, Warns K33 Analyst...
Mt. Gox’s $9B overhang could ‘spook the market,’ pressure Bitcoin: K33
24.4.2024
“Mt. Gox coins could become a relevant negative price contributor in the next weeks,” say K33 Research analysts
Mt. Gox's Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns
23.4.2024
The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack
Mt. Gox Trustee Reveals Updated Bitcoin and Fiat Repayment Schedule for Creditors
22.4.2024
The last round of Mt. Gox's much awaited creditor compensation process is now approaching. By October 2024, the bankrupt exchange is expected to payout 142,000 Bitcoin (BTC), 143,000 Bitcoin Cash (BCH), and 69 billion Japanese yen ($510 million), according to a post published on Reddit on April...
Mt. Gox: What We Still Don’t Know 10 Years After the Collapse
28.2.2024
To commemorate the 10th anniversary of the collapse of bitcoin exchange MtGox, Mark Hunter, author of “Ultimate Catastrophe: How MtGox Lost Half a Billion Dollars and Nearly Killed Bitcoin,” tackles the questions that still remain unanswered ten years later
Mt. Gox Moves Seemingly Closer to Bitcoin Repayments For 2014 Hack Victims
23.1.2024
Some former customers of the crypto exchange have reported receiving an email asking for confirmation of identity and account details on the mtgoxinsolvency subreddit group
Mt. Gox Confirms Users Bitcoin Account Ownership, Repayments to Continue
23.1.2024
Mt. Gox is expected to continue repaying creditors throughout 2024. This was revealed through emails showing the defunct exchange confirming user Bitcoin accounts ahead of the next repayment phase. According to users’ Reddit posts on Jan 22, the exchange informed affected parties that...