K33 Research cautions Mt. Gox's imminent $9B payout could impact Bitcoin (BTC)
by CoinJournal
CoinJournal— Gox to distribute 142,000 BTC and 143,000 BCH, valued at over $9 billion, to creditors. The payout process could commence as early as next month. All eyes are on the impact of the payout on Bitcoin and Bitcoin Cash price especially after the bitcoin halving event. Mt. Gox, once a major player in the cryptocurrency […]
FX Empire—Bitcoin (BTC) News Today: Fed Jitters Impact BTC-Spot ETF Market and BTC. HK crypto-spot ETF market launches coincided with US BTC-spot ETF outflows for the fifth day as investors considered the looming FOMC press conference.
Bitcoinist.com—Mt. Gox Users Finally Receive Payments, BTC, Bitcoin Cash Selling Pressure Incoming?. Bitcoin exchange Mt. Gox has reportedly begun repaying its users, providing a glimmer of hope for those affected by the exchange’s infamous hack over a decade ago. The trustee of Mt. Gox confirmed the verification process for eligible repayment clients three months ago, and now users are seeing actual payments being made. However, the repayment […]
Bitcoinist.com—First In History: Bitcoin Miners Now Need More Than 1 EH/s Of Power To Mine 1 BTC. On-chain data shows that, for the first time in history, Bitcoin miners require more than 1 EH/s of daily computing power to mine just 1 token of the asset. Bitcoin Hashcoin Has Set A New All-Time High Now As explained by CryptoQuant head of research Julio Moreno in a post on X, the BTC Hashcoin […]