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Bitcoin back above $65K as traders shake off Mt. Gox BTC transfers
16.7.2024
Traders ignored the news that Mt. Gox transferred billions of dollars in BTC and instead focused on pushing Bitcoin price above $65,000
Bitcoin bears trapped, but can BTC price surpass $70K by August?
16.7.2024
Bitcoin price has confirmed its price reversal, but can it reclaim the $70,000 mark before the end of summer?
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...
Bitcoin eyes Mt. Gox recovery amid warning over BTC price dip to $58K
16.7.2024
BTC price attempts to stabilize as traders warn of a possible return below Bitcoin buy support at $60,000
Meme Coins Outperform BTC, ETH and SOL as Traders Rotate Holdings
16.7.2024
The $53 billion meme coin sector rose by more than 12% on Tuesday with the likes of pepe (PEPE) and dogwifhat (WIF) surging by 22% and 25% respectively, data from CoinGecko shows
Mt. Gox repayments will only cause Bitcoin sell pressure among ‘paper hands’ — Analyst
16.7.2024
Only the holders with the least conviction will be selling Bitcoin on the Mt. Gox repayment news, according to popular on-chain analyst ZachXBT
First Mover Americas: Bitcoin Retreats as Mt. Gox Moves $3B of BTC
16.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Craig Wright faces perjury charges over false Bitcoin creator claims
16.7.2024
Craig Wright’s claims of being Bitcoin’s creator have been debunked, leading to a referral for alleged perjury by a London judge
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...
Metaplanet’s Bitcoin Buying Spree Continues: Buys 21.877 BTC
16.7.2024
Japanese investment firm Metaplanet has once again demonstrated its bullish stance on Bitcoin. The firm has purchased an additional 21.88 BTC worth over $1.2 million. This latest acquisition, made as Bitcoin’s price approached the $65,000 mark, brings the company’s total holdings...
Bitcoin Alert: Mt. Gox Moves 44,527 BTC Worth $3 Billion
16.7.2024
According to on-chain data from Arkham Intelligence, the defunct Japanese crypto exchange Mt. Gox has moved Bitcoin worth $3.07 billion in the last hour. The exchange’s cold wallet (16eAG) moved 47,229 BTC to an unknown address. Mt. Gox Begins Bitcoin Repayments Bitcoin briefly tanked today...
Bitcoin price sheds 3% as $6B leaves Mt. Gox cold wallet
16.7.2024
Mt. Gox appears to be shifting funds from cold storage in preparation for distribution to creditors, with nearly 100,000 BTC in outflows on July 16
Mt. Gox moves $3B in BTC to unknown address
16.7.2024
Mt. Gox's cold wallet transfers 47,229 BTC worth $3 billion to an unknown address, marking significant activity after a two-week lull
Bitcoin Dips Below $63K As Mt. Gox Moves $2.8B BTC to Internal Wallets
16.7.2024
One observer said the movement of coins was likely a part of the exchange's creditor reimbursement plan
Bitcoin indicators flash ‘greed and FOMO’ as ETF inflows top $300M
16.7.2024
Key Bitcoin sentiment indicators have quickly flipped into “greed” territory amid a sharp uptick in the crypto market and strengthening Bitcoin ETF inflows
Metaplanet buys another $1.2M of Bitcoin amid rebound toward $65K
16.7.2024
Metaplanet’s share price spiked 22% in the first 30-minutes on the Tokyo Stock Exchange following the news on July 16
Santa Monica City Council Unanimously Approves Landmark Bitcoin Initiative
16.7.2024
The Santa Monica City Council has unanimously approved the creation of a Bitcoin Office. Proposed by Vice Mayor Lana Negrete and in partnership with The Proof of Workforce Foundation, the program aims to boost Bitcoin education, economic recovery, and tourism, operating at no cost to the city....
Peter Brandt Anticipates Bullish Move for Bitcoin, Says ‘Bears Are Trapped’
16.7.2024
Veteran trader Peter Brandt’s recent bitcoin analysis suggests a bullish momentum, noting that a bear trap is confirmed by the July 13 close. However, this outlook is contingent on bitcoin staying above $56,000. Brandt recently predicted a potential BTC peak at $150,000 by late 2025. Peter...
Blackrock CEO Larry Fink Explains Why Everyone Should Consider Bitcoin in Portfolios
16.7.2024
Larry Fink, the CEO of Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has explained why he shifted from skepticism to advocacy for bitcoin, viewing the cryptocurrency as “digital gold” and a hedge against economic instability....
Bitcoin’s top 100 ‘dustiest’ wallets contain over $88M in BTC
16.7.2024
More than $88 million is held in the top 100 Bitcoin wallets, which are classified as containing a “minuscule amount” of BTC