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Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements
4.7.2024
A wallet belonging to a German official entity moved its largest stash of BTC to exchanges earlier today, while Mt. Gox wallets showed activity for the first time in a month
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
First Mover Americas: Bitcoin Falls to $60K as Mt. Gox Overhang Looms
3.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
What pushed Bitcoin price below $60K? Charts point at potential Mt. Gox repayment
3.7.2024
Bitcoin has been in a downtrend since the beginning of June, struggling to gain upward momentum despite positive ETF inflows
3 reasons why Bitcoin (BTC) is up today
1.7.2024
Weak tech corporate earnings, spot Bitcoin ETF inflows, and the potential arrival of a new major investor drove Bitcoin price above $63,000
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