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Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken
23.7.2024
The imminent distribution of nearly $9 billion worth of bitcoin and bitcoin cash to Mt. Gox creditors have been a major overhang on crypto markets, with investors concerned about how much of those assets will be sold
Bitcoin Cash (BCH) Conference 2024 Coming to Buenos Aires, Argentina in October
21.7.2024
The highly anticipated Bitcoin Cash (BCH) Conference is set to take place in Buenos Aires, Argentina from October 12 to October 14, 2024. The event, hosted at the stunning Calima Eventos in the Puerto Madero area, promises a blend of networking, innovation, and entertainment over three days....
Mt Gox Funds Arrive at Kraken: Bitcoin and Bitcoin Cash Distributions Expected Soon
16.7.2024
According to a recent update from Kraken, the centralized cryptocurrency exchange has received funds from the Mt Gox trustee. Consequently, bitcoin (BTC) and bitcoin cash (BCH) payouts will be distributed to creditors’ accounts within 7 to 14 days. Kraken Confirms Receipt of Mt Gox Funds...
Mt Gox Estate Transfers $3B in Bitcoin, $53M in Bitcoin Cash Ahead of Distribution
16.7.2024
According to onchain data, at 4:12 a.m. EDT on Tuesday, 48,641 bitcoin worth just over $3 billion were transferred by the Mt Gox estate ahead of the forthcoming distribution. Mt Gox Estate Moves Large Holdings Before Distribution After the price of bitcoin (BTC) climbed above $65,000, Mt Gox sent...
Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments: Trader
11.7.2024
Both assets are being distributed in an ongoing process to creditors of the defunct Mt. Gox crypto exchange. Here’s how some traders are playing it out
Bitcoin Cash's Mt. Gox-Led Sell-Off Is Amplified by Poor Liquidity
9.7.2024
Slippage, or price changes during execution of a trade, in the BCH market surged last week, signaling weak liquidity
Mt. Gox begins repayments in Bitcoin and Bitcoin Cash: Law Decoded
8.7.2024
The Mt. Gox rehabilitation plan, approved in 2021, moves forward with BTC and BCH repayments, and North Carolina’s CBDC ban was vetoed by the governor
Mt Gox Initiates Bitcoin Repayments to Creditors
5.7.2024
The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further repayments will occur once several conditions are met. Mt. Gox has moved significant bitcoin amounts ahead of its planned $9 billion repayment. Bitcoin’s price...
Mt. Gox begins repayments in Bitcoin and Bitcoin Cash
5.7.2024
The collapsed exchange has started debt repayments to creditors via select crypto exchanges, following the Rehabilitation Plan
Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash
5.7.2024
The news of the repayments added selling pressure on bitcoin and the larger crypto market after Mt. Gox announced last month its intention to start repayments in July
Phoenix BCH Miner Elevates Hashrate to New Highs, Raising Concerns Within the Community
5.7.2024
The rise in hashrate allocated by unknown miner Phoenix to the BCH network has raised questions about the true motives of this action. Phoenix took BCH’s hashrate to over 10 EH/s, processing a relevant part of all the blocks and receiving the correspondent subsidy during the last days,...
Mt. Gox Doomsday Scenario Involves Bitcoin Cash, Not Bitcoin: Analyst
4.7.2024
Selling pressure from Bitcoin Cash (BCH) and lack of liquidity is the story to watch once Mt. Gox begins redemptions, writes Presto Research
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...
BlockDAG’s $53.2M presale success and Crypto Trainer’s nod revolutionize market as XRP whales stir and Bitcoin Cash ascends!
25.6.2024
The crypto world is abuzz as BlockDAG, a rising star in blockchain technology, notches a staggering $53.2 million in its presale, bolstered by the enthusiastic endorsement of popular YouTuber, ‘Crypto Trainer.’ This surge in interest is set against a backdrop of market fluctuations...
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...
Mt. Gox to Begin Repayments in July; BTC Slides Under $61K
24.6.2024
The defunct crypto exchange is supposed to return over 140,000 bitcoin to victims of the 2014 hack
Mt. Gox Trustee to start Bitcoin, Bitcoin Cash repayments in July
24.6.2024
After a decade of anticipation, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange
Innovative Block Size Upgrade Takes Spotlight at Bitcoin Cash Bliss Conference
15.6.2024
Following the BCH Bliss conference, a focal event for Bitcoin Cash enthusiasts held May 14-15 in Ljubljana, Slovenia, Jonathan Silverblood introduced a Bitcoin Cash Podcast on X, featuring a collection of tracks from the event. This gathering also celebrated the “Jessica” upgrade...
BlockDAG’s X1 beta app & hardware mining rigs projected to bring 20,000x gains amid uncertain DOT & Bitcoin Cash news
13.6.2024
Polkadot (DOT) price prediction and Bitcoin Cash news have painted a fairly hazy picture of the current investment landscape. Whereas DOT struggles to breach a $7.5 resistance, BTC’s modest 2% surge may unlock a bullish reversal. On the other hand, BlockDAG (BDAG) has become the best crypto to...
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...