Bitcoin faces severe selling pressure, dropping under $53,500 as Mt. Gox begins repayments to creditors. Significant market volatility led to liquidations totaling $589 million. If Bitcoin doesn’t recover to $61,000,…
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CoinShares has released a comprehensive report to invalidate the argument that the Mt. Gox repayment in July would affect the Bitcoin price. However, the report points out that Bitcoin Cash…
Bitcoin (BTC) looks poised for a price rebound in July despite coming under immense selling pressure and regulatory concerns. July is historically a bullish month for BTC, which is looking…
Bitcoin faces significant pressure, sliding below $59K due to upcoming large-scale repayments. Mt. Gox trustee’s announcement of major repayments triggers market concerns. Bitcoin is experiencing downward pressure as it slides…
Mt.Gox is in a bid to repay its creditors about $9.4 billion, placing a selloff strain on Bitcoin (BTC). While a selloff is imminent, the impact might be cushioned by…
Mt. Gox transfers approximately 43,000 Bitcoins, leading to a 3% drop in Bitcoin price. The cryptocurrency market is impacted but showing signs of recovery as Bitcoin trades near $67,860. In…
Mount Gox plans to distribute significant crypto assets including Bitcoin and Bitcoin Cash to its creditors by October 2024. Despite the promising updates, skepticism persists due to potential market impacts…
New reports from social media users claim Mt. Gox has begun refunding creditors. In the long term, mass withdrawal of Bitcoins from recipients could negatively affect the market. The year…
The Mt Gox trustee says that the exchange intends to start paying off its creditors before the year ends in what could be one of the biggest events in Bitcoin…
Mt. Gox has extended its deadline for repayments by a year to Oct. 31, 2024, from Oct. 31, 2023. This delay is a relief for Bitcoin holders who are concerned…
Mt.Gox hackers have finally been charged by the US DoJ. The hackers are two Russian Nationals known for deep influence in the early days of Bitcoin. In a significant development…
After much speculation about the date when Mt. Gox creditors will receive the approximately 140,000 BTC, a new notice shows this will be early in September. This load has spooked…
Mt Gox may influence another Bitcoin crash with its plan to release 150,000 BTC to customers. Bitcoin has managed to gather some gains and appears to be on the verge…