Bitcoin Fear & Greed Index hits lowest level since January 2023
[Jul 9 11:42 AM] Lower levels on the Crypto Fear & Greed Index indicate negative investor sentiment, while higher levels indicate a fear of missing out.
3 / 6 Relevant items tagged with #MtGox
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Mt. Gox begins repayments in Bitcoin and Bitcoin Cash: Law Decoded
[Jul 8 1:05 PM] The Mt. Gox rehabilitation plan, approved in 2021, moves forward with BTC and BCH repayments, and North Carolina’s CBDC ban was vetoed by the governor.
$50K to $100K — 9 AI Chatbots Predict Bitcoin Prices for Year-End 2024
[Jul 8 10:35 AM] At the end of April, Bitcoin.com News queried seven artificial intelligence (AI)-based chatbots about their year-end bitcoin (BTC) price predictions. A significant number of these generative AI chatbots offered optimistic forecasts, suggesting…
7 Events That Could Shift the Crypto Market Landscape in an Instant
[Jul 5 2:11 PM] The cryptocurrency market finds itself in a challenging situation, with a mix of obstacles and potential opportunities that could influence its future positively. This editorial examines the elements that the crypto community might encounter and…
Mt Gox Initiates Bitcoin Repayments to Creditors
[Jul 5 8:16 AM] The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further repayments will occur once several conditions are met. Mt. Gox has moved significant bitcoin amounts ahead of its…
Germany’s BTC Wallet Sees Inflows, Mt Gox Moves Billions, US Gov Transfers $13.6M Unnoticed
[Jul 5 7:15 AM] Approximately 14 hours ago, the German government sold roughly $175 million worth of bitcoin, reducing its holdings to about 40,359 BTC. However, recent activity has increased the total back to 41,226 BTC. German Bitcoin Divestment Followed by…
Up to 99% of Mt. Gox’s $8.2B Bitcoin could be sold — Analyst
[Jul 5 4:42 AM] 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.
Bitcoin Price Falls as Mt Gox Starts Repayments
[Jul 5 3:33 AM] 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…
Mt. Gox begins repayments in Bitcoin and Bitcoin Cash
[Jul 5 12:45 AM] The collapsed exchange has started debt repayments to creditors via select crypto exchanges, following the rehabilitation plan.
Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash
[Jul 5 12:33 AM] 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.
Mt Gox Trustee Transfers $2.7B in Bitcoin, Creating 19th Largest BTC Wallet
[Jul 4 7:58 PM] On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer, valued at approximately $2.7 billion, leaves Mt. Gox with around 141,687 BTC worth nearly $8.1 billion. This…
German MP urges government to stop ‘hasty’ Bitcoin sell-off
[Jul 4 7:30 PM] German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” and “productive” as it could be used to diversify treasury assets and protect against currency devaluation.
Mt. Gox moves $2.7B in Bitcoin to new wallet address
[Jul 4 7:17 PM] One of Mt. Gox’s cold wallets just transferred more than 47,000 BTC to an unknown wallet address amid a plan to begin repaying its creditors.
German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows
[Jul 4 5:16 PM] The German government has been selling seized bitcoin but still holds more than 40K BTC, worth over $2.3 billion, according to onchain data from blockchain intelligence firm Arkham. These sales are occurring alongside the anticipated Mt. Gox…
Bitcoin Alert: Mt. Gox Starts Repayments With Small Exchange Transfer
[Jul 4 11:00 AM] According to data from Arkham Intel, Mt. Gox has initiated the process of repaying creditors by transferring a nominal amount of Bitcoin to one of the designated exchanges. This development follows months of speculation and planning concerning the…
Bitcoin Hits New Low Since February, Options Market Stays Optimistic
[Jul 4 8:15 AM] According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip…
Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves
[Jul 4 5:33 AM] On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin…
Mt. Gox Doomsday Scenario Involves Bitcoin Cash, Not Bitcoin: Analyst
[Jul 4 1:21 AM] Selling pressure from Bitcoin Cash (BCH) and lack of liquidity is the story to watch once Mt. Gox begins redemptions, writes Presto Research.
What pushed Bitcoin price below $60K? Charts point at potential Mt. Gox repayment
[Jul 3 5:11 AM] Bitcoin has been in a downtrend since the beginning of June, struggling to gain upward momentum despite positive ETF inflows.
Mt. Gox’s Bitcoin Dump: How Will The $9 Billion Sell-Off Affect BTC’s Price?
[Jul 1 1:00 PM] Defunct Bitcoin exchange Mt. Gox has finally announced the final date to begin refunding Bitcoin and Bitcoin Cash (BCH) to affected customers, starting as early as this week. This eagerly awaited announcement has raised concerns within the…
3 things that can spoil a potentially bullish July for Bitcoin
[Jun 30 12:05 PM] 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
[Jun 27 6:58 AM] 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
[Jun 26 2:00 PM] 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
[Jun 26 12:50 PM] 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…
Bitcoin In Red, Analyst Predicts A 40% Drop To $48,000 Before Recovery
[Jun 26 11:30 AM] Bitcoin is roughly 20% from all-time highs, and risks are trending lower, breaking from the current consolidation. After peaking in mid-March, bulls are yet to build enough momentum and overcome the roadblock at $72,000. Will Bitcoin Fall To…
Galaxy Digital’s Alex Thorn: Mt Gox Bitcoin Distributions Unlikely to Disrupt Market
[Jun 25 6:20 AM] 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…
Bitcoin exchange balances 'overrated?' 140K BTC Mt. Gox payout sparks debate
[Jun 25 3:56 AM] 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
[Jun 25 1:53 AM] 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
[Jun 25 1:46 AM] 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
[Jun 25 12:11 AM] Bitcoin ETFs have seen outflows of $1.3 billion Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months.