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 fell below $62,000, its lowest in nearly four months, trading about 50% below its all-time high. This decline triggered over $1.5 billion in forced liquidations across crypto markets, with Bitcoin alone accounting for more than $800 million. ...
Legendary chartist Peter Brandt has warned that Bitcoin could experience a significant 'terminal wash-out,' meaning a sharp and prolonged price decline, with no clear market bottom expected until October 2026. Bitcoin recently broke below a key ascen...
Anthony Pompliano, CEO of Professional Capital Management, warned investors to disregard frequent claims that Bitcoin is "dead," noting these predictions have been proven wrong repeatedly. Despite bearish voices like Peter Schiff and Steve Keen predi...
In the last 24 hours, the crypto market experienced $1.76 billion in liquidations, with Bitcoin accounting for $810.64 million, mostly from long positions. This marks the largest liquidation since February 5, reflecting extreme fear among investors a...
Bitcoin's price fell sharply to $60,000, triggering $1.76 billion in liquidations across the crypto market within 24 hours. This significant drop has reduced market optimism about Bitcoin reaching higher targets like $90,000 in June. Investors are wa...
