Up to 99% of Mt. Gox’s $8.2B Bitcoin could be sold — Analyst
Nearly all of Mt. Gox’s former creditors might be looking to sell their Bitcoin, which has increased by over 8,500% in value in the 10 years since the exchange’s collapse.
U.S. Crypto Stocks Sink in Pre-Market Trading as BTC Slumps
Software company MicroStrategy, which holds over 210,000 BTC, and bitcoin miner Hut 8 led declines as bitcoin dropped to the lowest level since late February.
The Bitcoin price plunged this week, sinking below $55,000 for the first time since February as the now-defunct Mt Gox exchange began distributing billions in owed funds.Mt Gox announced it has started repaying creditors, ending years of waiting…
Polkadot Under Fire: 20% Price Drop Follows $87 Million Spending Outrage
The winds of change are swirling around Polkadot (DOT). After a month-long slump that mirrored a broader cryptocurrency market downturn, DOT finds itself at a critical juncture. Technical indicators hint at a bullish reversal, with some analysts…
Wallet on Telegram Extends 50% APY for USDT Promotion
Wallet on Telegram, a third-party integrated mini wallet app for Telegram messenger, has recently sent a message to its users announcing an extension of its promotion that allows users to deposit Tether’s USDT and receive a 50% APY during…
In the last four days, the Bitcoin price has plummeted over 15%, with a significant 7.8% drop occurring in just the past 24 hours. From a high of nearly $72,000 in early June, the price of BTC has now declined by almost 25%. Here are the key…
German Parliament Member Urges Government To Cease Selling Bitcoin
Joana Cotar, an independent member of the Bundestag, one of Germany’s legislative chambers, has called on the government to stop the ongoing Bitcoin (BTC) sell-off, which has had a notable impact on the BTC market, resulting in a 10% drop in…
Australia Honors Kraken With Several Crypto Awards
Kraken, a global cryptocurrency exchange, won several awards in Australia, including Finder’s best overall crypto trading platform in 2024. It also bagged Finder’s best-advanced trading and crypto trading – extra features…
Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash
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.
Bitcoin Nears Bottom? QCP Analysts Spot Signs of Capitulation as Prices Tumble Below $59K
Recent trading patterns have led QCP Capital, a prominent trading firm, to highlight potential signs of a market bottom in the crypto market. Bitcoin, the leading digital currency, recently dipped below $58,000, causing analysts to focus on the…
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