Mt. Gox transferred about 10,306 BTC worth $739 million, its first major Bitcoin movement in over two months, raising speculation about possible creditor repayments. This transfer caused Bitcoin's price to drop 2.12% to around $79,569 as investors worry about potential selling pressure from creditors who have awaited repayment since the 2014 collapse. Despite the transfer, Mt. Gox still holds approximately 34,504 BTC valued at $2.41 billion. While the transfer does not confirm immediate payouts, it highlights ongoing market uncertainty and the slow repayment process that began in July 2024 through partners like Kraken and Bitstamp.
Bitcoin's price fell below $83,000 on September 28-29, triggering the liquidation of about $500 million in leveraged crypto positions and impacting 129,197 traders. The drop was influenced by rising oil prices after geopolitical tensions and a rare 3...
Bitcoin's price fell slightly below the $84,000 mark to $83,935 during early trading on September 29, as observed on Binance's spot market. Despite the dip, Bitcoin's one-hour price change remained marginally positive at 0.07%, indicating some short-...
Gold experienced a rare 3.4% single-day decline due to surging U.S. Treasury yields and increased expectations of Federal Reserve rate hikes, hitting its lowest in over seven weeks. Bitcoin also fell toward $83,000, pressured by the same macroeconomi...
Zcash (ZEC) experienced the highest forced liquidations in the crypto market over a 12-hour period ending early Sept. 29, with $28.73 million in positions closed. This liquidation volume surpassed that of Ether ($15.58 million) and Bitcoin ($15.08 mi...
Spot Bitcoin ETFs recorded $31.07 million in net inflows on September 28, marking eight consecutive days of positive inflows and bringing total cumulative inflows to $57.58 billion. Blackrock’s IBIT led with $54.84 million in daily inflows, reaching ...
