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Mt. Gox Moves $3B Bitcoin to New Wallet, $130M to Bitstamp Exchange

[Jul 24 2:21 AM] The defunct exchange has moved billions of dollars worth of bitcoin over two days.

Mt. Gox transfers $335M in Bitcoin to Bitstamp, unknown wallet

[Jul 24 1:08 AM] Mt. Gox transferred 5,106 BTC to Bitstamp and an unknown address, with 2,869 BTC rapidly moving through multiple wallets.

Mt. Gox shifts $2.5B in Bitcoin to unknown wallet, repayments top 40%

[Jul 23 11:59 PM] Mt. Gox transferred 37,477 BTC to a new wallet, while data shows that 40% of creditor repayments have now been distributed.

Mt. Gox Creditors Begin Withdrawing Owed Bitcoin And BCH Funds Via Kraken

[Jul 23 3:30 PM] After a decade-long wait, creditors of the now-defunct Mt. Gox Bitcoin exchange have finally begun receiving their owed Bitcoin (BTC) and Bitcoin cash (BCH) via the Kraken and Bitstamp crypto exchanges.  However, this had a notable impact on the…

Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken

[Jul 23 2:33 PM] The imminent distribution of nearly $9 billion worth of bitcoin and bitcoin cash to Mt. Gox creditors have been a major overhang on crypto markets, with investors concerned about how much of those assets will be sold.

Bitcoin Nears $66K as Mt. Gox Moves $130M to Bitstamp

[Jul 23 1:30 AM] The defunct crypto exchange shuffled over $2.5 billion between wallets, some of which was sent to crypto exchange Bitstamp.

Mt. Gox sees $3.2B BTC in outflows in just two hours

[Jul 23 1:04 AM] In a significant development, Mt. Gox has transferred over 47,500 BTC to unknown addresses, significantly reducing its Bitcoin reserves.

Mt. Gox prepares for repayments on Bitstamp, executes test transactions

[Jul 22 7:29 AM] Another wave of Bitcoin could be flooding the market as Mt. Gox prepares to continue creditor repayments. Will 99% of the Mt. Gox creditors really sell their Bitcoin?

Research Shows Institutional Custodians and ETFs Drive Significant Bitcoin Market Movements

[Jul 18 10:30 AM] The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how these sell-side forces and exchange-traded…

Mt. Gox creditors opt to hodl Bitcoin payouts — Reddit poll

[Jul 18 7:10 AM] As the Mt. Gox trustee has yet to distribute 64% of the Bitcoin owed to creditors, the Reddit Mt. Gox community is pushing the hodl agenda.

Bitcoin Hits $65K Shaking Off Mt. Gox Payout Worries; XRP Leads Crypto Rally

[Jul 16 3:01 PM] The Mt. Gox distribution will not end the bullish trend, CryptoQuant CEO noted.

Kraken tells users that Mt. Gox reimbursement funds have been received

[Jul 16 10:57 AM] Mt. Gox collapsed in 2014 and only recently began reimbursing injured parties in Bitcoin and Bitcoin Cash.

Mt Gox Funds Arrive at Kraken: Bitcoin and Bitcoin Cash Distributions Expected Soon

[Jul 16 8:45 AM] 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…

Bitcoin eyes Mt. Gox recovery amid warning over BTC price dip to $58K

[Jul 16 8:03 AM] BTC’s price attempts to stabilize as traders warn of a possible return below Bitcoin buy support at $60,000.

Mt. Gox repayments will only cause Bitcoin sell pressure among ‘paper hands’ — Analyst

[Jul 16 6:02 AM] Only the holders with the least conviction will be selling Bitcoin on the Mt. Gox repayment news, according to popular on-chain analyst ZachXBT.

Mt Gox Estate Transfers $3B in Bitcoin, $53M in Bitcoin Cash Ahead of Distribution

[Jul 16 4:51 AM] 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…

Mt. Gox Moves $6 Billion Worth of Bitcoin

[Jul 16 3:51 AM] The rehabilitation trustee for the now-defunct Mt. Gox exchange moved over $6 billion worth of bitcoin on Tuesday morning as it took further steps toward reimbursing creditors.JUST IN: Mt. Gox moved 95,870 #Bitcoin worth $6 billion to unknown…

Mt. Gox shifts $9B in BTC, market braces for impact

[Jul 16 1:54 AM] Mt. Gox’s cold wallet transfers over 140,000 BTC in a significant move after two weeks of inactivity, causing market concerns.

What’s next for Bitcoin price now that German gov't BTC balance hits zero?

[Jul 13 4:45 PM] The German government got rid of all of its Bitcoin, but it could still be a bit early to expect a trend reversal in BTC price.

Coinbase Report: Crypto Market Shook by German BTC Sales; Recovery Expected by September Despite US Economic Slowdown

[Jul 12 10:32 AM] The third quarter of 2024 has been tumultuous for the crypto market, with significant selling pressures and regulatory uncertainties affecting bitcoin and other digital assets. Coinbase Institutional reports that indiscriminate selling by the…

Bitcoin index falls to ‘extreme fear’ as BTC fails twice to breach $60K

[Jul 11 7:35 PM] Bitcoin’s fear and greed index has tumbled to “extreme fear” for the first time since January 2023, as BTC struggles to reclaim a crucial price level.

JPMorgan Expects Crypto Market Recovery Beginning in August

[Jul 11 5:16 PM] Global investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin liquidations by Mt. Gox creditors and the German…

Bitcoin price will hit $330K this bull cycle — Analyst

[Jul 11 11:47 AM] Institutions are buying as Bitcoin dips under $60,000 strengthens the long-term bullish outlook for BTC price.

Crypto Market Rebound Expected in August, Liquidations to Finish By July-End: JPMorgan

[Jul 11 6:32 AM] The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past month.

Bitcoin Price Decline on Germany, Mt. Gox and Miner Sell Pressure May Be Overblown: NYDIG

[Jul 10 2:01 PM] Recent blockchain movements sparked "irrational" fears, offering a buying opportunity for investors, NYDIG's Greg Cipolaro said.

Mt. Gox repayment shakes crypto market, causing volatility

[Jul 10 7:44 AM] Bitcoin faces immense volatility as Mt. Gox repayments flood the market.

Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts

[Jul 9 3:28 PM] The market will have to absorb between $4-$6 billion worth of bitcoin selling pressure throughout the summer months, weighing on prices, K33 Research said.

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.

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…