News with the tag "Mt. Gox Bitcoin"

Mt. Gox attracted a lot of attention in the crypto market after it moved 2,570 BTC, around $228 million, to an unknown wallet. This transfer sparked concern in the crypto community; worried that it may affect Bitcoin’s price. Bitcoin has had a strong rally, but this transfer may stop the market’s gr...

Mt. Gox, the defunct Bitcoin exchange, moved over $2.4 billion worth of BTC between cold wallets. This massive transfer, involving more than 30,000 BTC, comes amid a Bitcoin hitting an all-time high at $81,000, heightening anticipation surrounding the October 2025 repayment deadline for Mt. Gox cred...

Blockchain analytics firm Arkham reports that Mt. Gox has transferred roughly $2.2 billion worth of Bitcoin to unmarked wallet addresses. This transfer comes on the heels of a smaller transaction last week involving 500 BTC, raising questions about the motives behind these movements. Mt. Gox’s lates...

Bitcoin (BTC) fell to $69,000, a price level now being tested as support. Meanwhile, bankrupt digital asset trading platform Mt. Gox has begun sending BTC to unmarked wallets, leading to rumors of another round of repayments. Analyst EmberCN noted on X that Mt. Gox transferred 500 BTC, worth around ...

Mt. Gox, the cryptocurrency exchange that failed in 2014, has pushed back its repayment deadline by one year. The new deadline is now October 31, 2025. This change comes from a decision by the trustee, who is in charge of the repayment process for creditors. Many creditors haven’t received their rep...

Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has surpassed $65,000 after a 3.39% price surge, driving the broader crypto market to a $2.31 trillion valuation. Ki Young Ju, founder and CEO of CryptoQuant, pointed out that Bitcoin has finally overcome market FUD, includi...

Mt. Gox transfers 12,000 Bitcoin (worth $709.4 million) to a new wallet, marking its first major move since July. This significant transfer was made to a previously inactive wallet address beginning with “1PuQB.” It is the exchange’s first major Bitcoin movement in weeks. In addition to the 12,000 B...

Recent analysis of Bitcoin market dynamics reveals a significant trend among long-term holders (LTHs). As of July 26, 2023, LTHs control approximately 45% of the network’s Bitcoin wealth. This level is relatively high compared to historical macro cycle tops. This trend suggests that these investors ...

Bankrupt cryptocurrency exchange Mt. Gox has distributed digital assets to 17,000 “rehabilitation creditors” as of July 31st, marking another step in its long-awaited repayment process. The distribution follows previous payments made on July 5, July 16, and July 24. However, with the repayments almo...

On-chain data reveals significant activity in the Bitcoin market, including a transfer of $2 billion worth of BTC by the defunct Mt. Gox crypto exchange to a new wallet, as identified by Arkham Intelligence. Lookonchain, the crypto analysis platform, also spotted massive BTC withdrawals from the cen...