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.
Mt Gox, the defunct crypto exchange that lost over 850,000 Bitcoin to hackers, recently transferred 10,423 BTC worth about $739 million to a new wallet. This move, followed by another smaller transfer, signals preparations for the final distribution ...
Bitcoin price fell below $70,000 following over $3.4 billion in ETF outflows and a $739 million BTC transfer linked to Mt. Gox, stirring fears of increased market supply. The drop broke key support levels between $72,500 and $73,000, triggering $744 ...
Bitcoin fell below $70,000 for the first time since April 7, dropping over 2% amid concerns triggered by Strategy's $2.5 million bitcoin sale, signaling potential further sell-offs. Ether also declined, while AI-related tokens like Humanity Protocol ...
Bitcoin has broken down from its bear flag pattern and is currently testing the $70,000 support level, with the next key support at $66,000. If these levels fail, the price could fall further to around $60,000, marking a deeper bottom in the ongoing ...
Hyperliquid's native token HYPE reached a record price of $74.19 in Q1 2026, becoming the ninth-largest cryptocurrency by market cap at around $18 billion. The protocol spent $192.25 million on buybacks funded by trading fees, boosting demand amid br...
