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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...
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
Report: Speculation Returns as Bitcoin Market Shows Signs of Recovery
9.6.2024
Glassnode’s latest onchain analysis reveals a resurgence in speculative activity in the bitcoin (BTC) market after months of stagnation. This shift marks a potential change in market sentiment, with both short and long-term holders displaying increased engagement. Mt Gox Preparations Spark...
Mt Gox not dumping Bitcoin just yet, Hong Kong boots out crypto exchanges: Asia Express
31.5.2024
Bitcoin markets are safe from a Mt Gox dump for now, Hong Kong to boot out unlicensed exchanges, Binance sells Gopax claims at rock bottom
Ex-CEO of Mt. Gox clarifies Bitcoin shifting as preparatory measure
30.5.2024
As per the ex-CEO of Mt.Gox, the earlier shifting of Bitcoin from the company’s wallet was simply a preparatory exercise and not an alarming incident. The fact that it went to an unidentified wallet meant nothing. The company set the date for allocation as the 21st of October. The process is looked...
Mt. Gox Moves Billions In Bitcoin – Best Altcoins To Buy Now If Crypto Prices Crash
29.5.2024
Long-defunct Bitcoin exchange Mt Gox moved billions in Bitcoin (BTC) this week, sending shudders through the market that a sudden surge in sell pressure be could around the corner.
The post Mt. Gox Moves Billions In Bitcoin – Best Altcoins To Buy Now If Crypto Prices Crash appeared first...
South Korean Bitcoin Premium Rises to 2.23% Amid Market Volatility
28.5.2024
This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on South Korean exchanges has now climbed to 2.23%....
Best Crypto to Buy Now May 28 – Notcoin, Celestia, Chiliz
28.5.2024
As crypto markets succumb to sell pressure on Tuesday as US markets reopen following the longer Memorial Day holiday weekend amid jitters about the sale of Mt Gox Bitcoins, traders are hunting for altcoins gems that could still provide short-term upside and be the best crypto to buy now.
The post...
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...