Mt. Gox transferred 116.3 BTC (about $8.16 million) to Bitstamp on June 4, 2026, continuing its pattern of moving Bitcoin for creditor repayments. This follows a larger transfer of 10,422 BTC earlier that week, linked to the upcoming final creditor payout deadline of October 31, 2026. Around 24,081 BTC worth $1.55 billion still remains in Mt. Gox wallets, making these movements significant for market volatility. The transfers may signal preparations to convert crypto to cash or distribute Bitcoin directly to creditors via exchanges like Bitstamp.
Bitcoin has dropped from $60K to $59K, down 7.9% over the past week, driven by record outflows from spot Bitcoin ETFs that have already surpassed February 2025's $3.6 billion record. This challenges the idea that institutional ETF access would suppor...
Cryptocurrency markets experienced varied price changes, with Bitcoin falling 1.19% to $59,249 and Ethereum down 0.91% to $1,565.80. Meanwhile, Solana gained 2.10%, indicating selective strength in the market. These fluctuations reflect ongoing volat...
Bitmine Immersion Technologies has acquired 94% of its target to hold 5% of Ethereum's total supply, now owning 5.7 million ETH or 4.7% of all circulating Ethereum. The company also joined the Russell 1000 Large-cap Index, aiming to attract more inst...
Bitmine Immersion Technologies purchased 27,084 ETH worth about $43 million last week, increasing its holdings to 5.7 million ETH, nearly 4.7% of Ethereum's circulating supply. Despite the recent crypto price decline, Bitmine continues to accumulate ...
Cryptocurrency markets display varied price changes, with Bitcoin slightly down at $59,876 and Ethereum nearly unchanged at $1,574. Other coins like Solana and Avalanche show gains, while some tokens experience declines. These fluctuations reflect on...
