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Bitcoin Price Hope: Mt. Gox Delays Repayment Plan Until October 2025

[Oct 11 6:30 AM] In a development that could offer relief for Bitcoin (BTC) and the broader crypto ecosystem, Mt. Gox, the defunct cryptocurrency exchange that was hacked in 2014, has announced a significant delay in its repayment plan for affected creditors…

Mt.Gox Creditors Reclaim 59,000 Bitcoin Via Exchanges, More Redistribution Imminent

[Jul 30 10:30 PM] After over a decade of suspense, creditors of the defunct Mt. Gox Bitcoin (BTC) exchange have finally begun receiving long-awaited payouts this month. Data from research firm Glassnode shows that as of Tuesday, 59,000 of Mt. Gox’s 142,000 BTC…

Over 41.5% of Mt. Gox Bitcoin distributed as creditors continue to hodl

[Jul 30 11:26 AM] Despite receiving over $4 billion worth of Bitcoin, which has appreciated by over 8,500% in the 10 years since Mt. Gox collapsed, the exchange's creditors continue to hold their assets.

Over 36% of Mt. Gox Bitcoin distributed to creditors, but whales keep accumulating

[Jul 17 5:36 AM] Bitcoin whales continue accumulating, despite the potential sell pressure from Mt. Gox creditors, which could see 99% of investors selling.

5 bullish arguments that Bitcoin price just bottomed at $53K

[Jul 7 12:25 PM] Bullish divergence on the price chart, September rate cut prospects, and increasing M2 supply are some catalysts that could resume the Bitcoin bull market cycle.

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.

History suggests Bitcoin poised for rebound in July

[Jun 30 10:41 PM] Bitcoin tends toward strong performance in July, but Mt. Gox is dampening optimism for a recovery.

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.

Mt. Gox repayments won’t be as bad for Bitcoin as you think

[Jun 24 8:22 PM] The nearly $9 billion in Mt. Gox creditor repayments starting July may not kick down the price of Bitcoin, but they could spell trouble for Bitcoin Cash, say analysts.

$2.9 Billion In Mt. Gox Bitcoin On The Move For The First Time In 5 Years, Where Is It Headed?

[May 28 10:00 AM] Mt. Gox, a bankrupt Bitcoin exchange based in Shibuya, Tokyo, Japan, has executed a large-scale Bitcoin transfer to several unknown wallets. This move has effectively spooked the broader cryptocurrency market, sparking concerns about potential…

Mt. Gox moves $9.6B worth of Bitcoin. Are creditors finally being repaid?

[May 28 3:31 AM] 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.

FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research

[May 15 7:35 PM] “Not all creditor repayments are bearish,” said K33’s analysts, noting FTX's cash payouts versus the crypto repayments from Gemini and Mt. Gox.

Bitcoin Repayments: Mt Gox Starts Verifying Addresses For 200,000 BTC In Payouts

[Jan 24 1:30 PM] Defunct Japanese-based cryptocurrency exchange, Mt. Gox has taken the next steps toward its Bitcoin distribution process to customers who were previously affected by its 2014 hack attack. The crypto exchange has delivered mass emails to account…

Mt Gox Repayment Delayed Again: Creditors Await BTC, BCH, and Yen Payments Until 2024

[Sep 21, 2023 5:30 PM] According to a new update from the Mt Gox trustee, Nobuaki Kobayashi, the repayment deadline for creditors has been pushed to next year. Kobayashi said discussions with banks, fund transfer service providers and designated cryptocurrency exchanges…

Breaking: Mt. Gox trustee changes repayment deadline to October 2024

[Sep 20, 2023 11:24 PM] Rehabilitation trustee Nobuaki Kobayashi has extended the Mt. Gox repayment deadline by one year.

Dormant Bitcoin Wallet Linked to Mt Gox Saga Moves $60 Million for the First Time Since 2013

[Apr 20, 2023 2:30 PM] According to onchain data, a bitcoin whale address transferred 2,071.5 bitcoin, worth approximately $60 million, after remaining dormant since December 19, 2013. Interestingly, this bitcoin address is linked to two wallets that sent 10,000 bitcoin…