Bitcoin Price Remains Steady as Mt. Gox Transfers $2.8 Billion
Mt. Gox transfers $2.8 billion in Bitcoin; market reacts with minor dip and rebound amid ongoing volatility.
HafizMt. Gox transfers $2.8 billion in Bitcoin; market reacts with minor dip and rebound amid ongoing volatility.
HafizOn July 22, the Mt.Gox wallet address changed again.
JinseFinanceKraken confirmed receiving Mt. Gox’s BTC and BCH funds for creditors, expecting payouts in 7-14 days. Mt. Gox transferred $5.8 billion in Bitcoin to undisclosed addresses, affecting market dynamics with Bitcoin’s price briefly dropping to $63,500.
ZeZhengMt Gox starts moving Bitcoin, signalling potential repayments to creditors.
Huang BoMt. Gox is set to repay nearly $9 billion starting in July, which may not depress the price of bitcoin, but could spell trouble for bitcoin cash.
JinseFinanceMt.Gox’s repayment plan could ripple through the BTC market, raising some worrisome questions.
JinseFinanceGolden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.
JinseFinanceOn May 28, Mt.Gox's continuous large-value BTC transfers caused a certain amount of market panic.
JinseFinanceTo mark the 10th anniversary of the collapse of Bitcoin exchange MtGox, Mark Hunter, author of The Ultimate Catastrophe: How MtGox Lost $5 Billion and Nearly Killed Bitcoin, addresses questions that remain unanswered a decade later.
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