Mt. Gox bankruptcy

Massive Mt. Gox Bitcoin Shift Unlikely To Disrupt Prices, Says CryptoQuant CEO

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Current developments surrounding the compensation of collectors and buyers of the defunct Bitcoin (BTC) trade, Mt. Gox, have sparked issues about potential results on Bitcoin’s worth.  Because the market retraced over 20% from its three-month excessive above $70,000, the motion of 47,000 BTC to repay collectors has raised questions in regards to the market’s stability.  … Read more

Mt. Gox Bitcoin Payout Fears Wipes Out $170 Billion From Crypto Market

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The cryptocurrency market skilled a considerable downturn on Friday, compounding the promoting strain witnessed over the previous two weeks. The main cryptocurrency, Bitcoin (BTC), retraced over 20% from its highs in June and Might, dropping as little as $53,500.  The market decline was largely attributed to the long-awaited trustee overseeing the Mt. Gox chapter, who … Read more