#MtGox prepares for massive release of 142k BTC, 143k BCH, and 69B yen to creditors by October 31. #CryptoNews
Recent #Kraken API update signals imminent disbursement, bringing relief and surprise to long-waiting #investors.
https://coinpedia.org/news/mtgox-prepares-to-release-142000-btc-and-143000-bch-by-october-31st/
Recent #Kraken API update signals imminent disbursement, bringing relief and surprise to long-waiting #investors.
https://coinpedia.org/news/mtgox-prepares-to-release-142000-btc-and-143000-bch-by-october-31st/
CoinPedia
MtGox Prepares to Release 142,000 BTC and 143,000 BCH by October 31st
Rising anticipation surrounds the once-dominant Bitcoin exchange, MtGox, as recent updates on the Kraken BTC and BCH payment API interface point to major
Is Your #Bitcoin Safe?
What #MtGox’s Move Means for You!
What’s Next for Mt. Gox Creditors?
#Crypto #CrypotNews
Click Below to Read This Interesting Article👇
https://coinpedian.substack.com/p/why-did-mt-gox-secretly-move-294/
What #MtGox’s Move Means for You!
What’s Next for Mt. Gox Creditors?
#Crypto #CrypotNews
Click Below to Read This Interesting Article👇
https://coinpedian.substack.com/p/why-did-mt-gox-secretly-move-294/
Substack
Why Did Mt. Gox Secretly Move $2.94 Billion in Bitcoin?
Are Creditors Finally Getting Their Money from Mt. Gox?
Mt. Gox to Distribute #Bitcoin, #BitcoinCash in July
#Crypto #CryptoNews
🔵#MtGox trustees will repay Bitcoin and Bitcoin Cash to investors starting July 2024.
🔵Trustee Nobuaki Kobayashi will ensure repayments avoid financial, technical, and security issues.
🔵Repayments will follow an order, based on #cryptocurrency exchanges confirming required information.
🔵The structured repayment approach aims for transparent payouts to all creditors.
#Crypto #CryptoNews
🔵#MtGox trustees will repay Bitcoin and Bitcoin Cash to investors starting July 2024.
🔵Trustee Nobuaki Kobayashi will ensure repayments avoid financial, technical, and security issues.
🔵Repayments will follow an order, based on #cryptocurrency exchanges confirming required information.
🔵The structured repayment approach aims for transparent payouts to all creditors.
"Bitcoin Sentiment Plummets to 18-Month Low Amid Market Fears"
#MtGox #CryptoNews #Cryptomarket
🔵The #Bitcoin sentiment index, known as the #Crypto Fear and Greed Index, dropped to its lowest score in 18 months, reaching the "Fear" zone.
🔵This significant drop is linked to fears of a potential $8.5 billion market dump by Mt. Gox and recent large outflows from U.S. spot Bitcoin ETFs.
🔵The index fell from a score of 74 in the "Greed" zone to 21, indicating a sharp shift in market sentiment.
🔵Despite these concerns, some experts believe the market may be overreacting to the Mt. Gox situation.
#MtGox #CryptoNews #Cryptomarket
🔵The #Bitcoin sentiment index, known as the #Crypto Fear and Greed Index, dropped to its lowest score in 18 months, reaching the "Fear" zone.
🔵This significant drop is linked to fears of a potential $8.5 billion market dump by Mt. Gox and recent large outflows from U.S. spot Bitcoin ETFs.
🔵The index fell from a score of 74 in the "Greed" zone to 21, indicating a sharp shift in market sentiment.
🔵Despite these concerns, some experts believe the market may be overreacting to the Mt. Gox situation.
Will #MtGox's $8.5 Billion #Bitcoin Sale Crash the #Cryptomarket?
Can Bitcoin Recover from Its Recent Price Drop?
Why is the #Crypto Fear and Greed Index Plunging?
Click Below to Know 👇👇
https://coinpedian.substack.com/p/whats-behind-the-recent-bitcoin-price
Can Bitcoin Recover from Its Recent Price Drop?
Why is the #Crypto Fear and Greed Index Plunging?
Click Below to Know 👇👇
https://coinpedian.substack.com/p/whats-behind-the-recent-bitcoin-price
Substack
What's Behind the Recent Bitcoin Price Decline?
Crypto Market Crash
Top #CryptoNews This Week
1️⃣ #VanEck applies for first #SolanaETF in the U.S., emphasizing blockchain benefits.
2️⃣ SEC nears approval for #Ethereum spot #ETF launch by July 4th.
3️⃣ Former President Trump considers speaking at #Bitcoin 2024 conference in Nashville.
4️⃣ Biden reappoints Carole House as special advisor on #cryptocurrency to NSC.
5️⃣ Nomura: 54% of Japanese institutional investors plan cryptocurrency investments by 2027.
6️⃣ Bolivia lifts ban on #Bitcoin and cryptocurrencies; not legal tender.
7️⃣ Turkish Parliament passes law requiring #crypto service providers' authorization.
8️⃣ #Binance bans 297 accounts involved in Megadrop fraud attempt.
9️⃣ #Bybit undergoes senior management reshuffle amid operational adjustments.
🔟 #MtGox to start repaying creditors in #BTC and #BCH from early July 2024.
1️⃣1️⃣US court allows SEC to proceed with most claims against Binance, rejecting #BNB trading illegality.
1️⃣ #VanEck applies for first #SolanaETF in the U.S., emphasizing blockchain benefits.
2️⃣ SEC nears approval for #Ethereum spot #ETF launch by July 4th.
3️⃣ Former President Trump considers speaking at #Bitcoin 2024 conference in Nashville.
4️⃣ Biden reappoints Carole House as special advisor on #cryptocurrency to NSC.
5️⃣ Nomura: 54% of Japanese institutional investors plan cryptocurrency investments by 2027.
6️⃣ Bolivia lifts ban on #Bitcoin and cryptocurrencies; not legal tender.
7️⃣ Turkish Parliament passes law requiring #crypto service providers' authorization.
8️⃣ #Binance bans 297 accounts involved in Megadrop fraud attempt.
9️⃣ #Bybit undergoes senior management reshuffle amid operational adjustments.
🔟 #MtGox to start repaying creditors in #BTC and #BCH from early July 2024.
1️⃣1️⃣US court allows SEC to proceed with most claims against Binance, rejecting #BNB trading illegality.
Top #CryptoNews of Past 12 Hours
1️⃣#Upbit, South Korea's largest crypto exchange, added JUP trading with KRW, BTC, and USDT pairs.
2️⃣The #German Government transferred 1,700 BTC to address 139Po, valued at $99 million. The German government still holds 40,359 BTC ($2.3 billion).
3️⃣#MtGox executed small transfer tests today at 12:21 UTC+8 to various addresses.
4️⃣ #UniSat, a Bitcoin infrastructure firm, completed a Pre-A round led by Binance in May.
5️⃣ Experts at 10x Research predicted #Bitcoin could drop below $57,000, possibly reaching $50,000 soon.
6️⃣Nigeria's SEC mandated virtual asset service providers to establish local offices for regulatory compliance.
7️⃣Justin Sun offered to buy Germany's $2.3 billion Bitcoin holdings to mitigate #Cryptomarket impact.
1️⃣#Upbit, South Korea's largest crypto exchange, added JUP trading with KRW, BTC, and USDT pairs.
2️⃣The #German Government transferred 1,700 BTC to address 139Po, valued at $99 million. The German government still holds 40,359 BTC ($2.3 billion).
3️⃣#MtGox executed small transfer tests today at 12:21 UTC+8 to various addresses.
4️⃣ #UniSat, a Bitcoin infrastructure firm, completed a Pre-A round led by Binance in May.
5️⃣ Experts at 10x Research predicted #Bitcoin could drop below $57,000, possibly reaching $50,000 soon.
6️⃣Nigeria's SEC mandated virtual asset service providers to establish local offices for regulatory compliance.
7️⃣Justin Sun offered to buy Germany's $2.3 billion Bitcoin holdings to mitigate #Cryptomarket impact.
Top Reasons for $BTC Price Dump?
🔵U.S. economic uncertainty: Investor concerns about inflation and interest rates impact #crypto prices.
🔵#Fed's rate cut outlook: Powell's remarks dampen hopes for 2024 rate cuts.
🔵Spot #BitcoinETF outflows: Significant withdrawals from Bitcoin ETFs indicate a de-risking strategy.
🔵Long #liquidations: Increased selling pressure from liquidated long positions drives market down.
🔵Weakening market structure: Technical analysis shows declining trend and loss of crucial support level
🔵#MtGox cold wallet transfer: Created uncertainty and panic as creditors cash out.
🔵German government #BTC sale: Increased selling pressure as the German government recently sold 7,583 BTC worth $419.5 million.
🔵U.S. economic uncertainty: Investor concerns about inflation and interest rates impact #crypto prices.
🔵#Fed's rate cut outlook: Powell's remarks dampen hopes for 2024 rate cuts.
🔵Spot #BitcoinETF outflows: Significant withdrawals from Bitcoin ETFs indicate a de-risking strategy.
🔵Long #liquidations: Increased selling pressure from liquidated long positions drives market down.
🔵Weakening market structure: Technical analysis shows declining trend and loss of crucial support level
🔵#MtGox cold wallet transfer: Created uncertainty and panic as creditors cash out.
🔵German government #BTC sale: Increased selling pressure as the German government recently sold 7,583 BTC worth $419.5 million.
Top #CryptoNews in Past 12 Hours
🔵German MP Joana Cotar criticized the government for selling #Bitcoin, fearing it would destabilize markets.
🔵Taiwan Mobile Co., Ltd., Taiwan's second largest telecom operator, applied and opened its own cryptocurrency exchange.
🔵On July 5, 2024, #MtGox's Rehabilitation Trustee repaid some creditors in Bitcoin and Bitcoin Cash.
🔵#Coinbase argued in a recent letter to a district court judge that accessing SEC Chair Gary Gensler's private communications was crucial for their defense.
🔵Mt. Gox transferred 47,229 Bitcoin, valued at $2.71 billion, to a new wallet address.
🔵German MP Joana Cotar criticized the government for selling #Bitcoin, fearing it would destabilize markets.
🔵Taiwan Mobile Co., Ltd., Taiwan's second largest telecom operator, applied and opened its own cryptocurrency exchange.
🔵On July 5, 2024, #MtGox's Rehabilitation Trustee repaid some creditors in Bitcoin and Bitcoin Cash.
🔵#Coinbase argued in a recent letter to a district court judge that accessing SEC Chair Gary Gensler's private communications was crucial for their defense.
🔵Mt. Gox transferred 47,229 Bitcoin, valued at $2.71 billion, to a new wallet address.
Top #CryptoNews This Week
1️⃣ #Bitcoin prices fell 8% to $53,918 on Friday, marking their lowest since late Feb.
2️⃣#MtGox Trustee repaid Bitcoin and Bitcoin Cash to creditors via crypto exchanges on July 5
3️⃣ #Fed's Powell noted more progress needed before cutting rates, despite tackling inflation issues
4️⃣ U.S. Marshals Service partnered with #Coinbase Prime for custody and trading of digital assets
5️⃣ Bloomberg analyst predicted #EthereumETF might start trading around July 15 after resubmissions
6️⃣ German lawmaker criticized the government for selling $195 million in #Bitcoin, causing market volatility
7️⃣ #Circle began issuing USDC and EURC in the EU under new MiCA regulations from July 1
8️⃣ #Grayscale remained optimistic about crypto valuations recovering, predicting an Ethereum ETP in Q3
9️⃣ Sony acquired Amber Japan, renamed it S.BLOX & planned enhancements for crypto trading services
🔟 #Vitalik proposed faster transaction confirmation methods for #Ether using Single-Slot Finality
1️⃣ #Bitcoin prices fell 8% to $53,918 on Friday, marking their lowest since late Feb.
2️⃣#MtGox Trustee repaid Bitcoin and Bitcoin Cash to creditors via crypto exchanges on July 5
3️⃣ #Fed's Powell noted more progress needed before cutting rates, despite tackling inflation issues
4️⃣ U.S. Marshals Service partnered with #Coinbase Prime for custody and trading of digital assets
5️⃣ Bloomberg analyst predicted #EthereumETF might start trading around July 15 after resubmissions
6️⃣ German lawmaker criticized the government for selling $195 million in #Bitcoin, causing market volatility
7️⃣ #Circle began issuing USDC and EURC in the EU under new MiCA regulations from July 1
8️⃣ #Grayscale remained optimistic about crypto valuations recovering, predicting an Ethereum ETP in Q3
9️⃣ Sony acquired Amber Japan, renamed it S.BLOX & planned enhancements for crypto trading services
🔟 #Vitalik proposed faster transaction confirmation methods for #Ether using Single-Slot Finality
How much of your #crypto portfolio is in #Bitcoin right now?
Let us see how much German Govt and #MtGox are impacting you😀
Let us see how much German Govt and #MtGox are impacting you😀
Anonymous Poll
50%
Close to Zero
0%
Less than 10%
13%
Between 10% to 50%
25%
More than 50%
13%
100%
Will the Mt. Gox Reimbursement Plan Affect Bitcoin Like Germany's Sell-Off Did?
#Crypto #CryptoNews #Bitcoin $BTC #MtGox #cryptomarket
Must Read This👇
https://coinpedian.substack.com/p/german-governments-bitcoin-holdings
#Crypto #CryptoNews #Bitcoin $BTC #MtGox #cryptomarket
Must Read This👇
https://coinpedian.substack.com/p/german-governments-bitcoin-holdings
Substack
German Government's Bitcoin Holdings Hit Zero!
Will Mt. Gox Payouts Crush Bitcoin Prices?
Top #CryptoNews of This Week
1️⃣ SEC allowed spot #ETH #ETF issuers to start trading on July 23.
2️⃣ #MtGox poll shows 55% will not sell Bitcoin compensation received.
3️⃣Trump’s #Bitcoin conference expected record attendance; security tightened after assassination attempt.
4️⃣#Trump announced fourth NFT release, urged Fed to avoid rate cuts before November.
5️⃣Powell stated #Fed won’t wait for 2% inflation before cutting rates.
6️⃣#Vitalik opposes choosing political allies based solely on crypto support.
7️⃣a16z’s Marc Andreessen backed Trump, criticizing #Biden’s overregulation stance.
8️⃣#BlackRock’s Larry Fink declared Bitcoin a legitimate financial instrument.
9️⃣#Grayscale launched Decentralized AI Fund to invest in #AI and #crypto.
🔟Indian exchange #WazirX hacked; losses exceed $230 million with significant asset theft.
1️⃣ SEC allowed spot #ETH #ETF issuers to start trading on July 23.
2️⃣ #MtGox poll shows 55% will not sell Bitcoin compensation received.
3️⃣Trump’s #Bitcoin conference expected record attendance; security tightened after assassination attempt.
4️⃣#Trump announced fourth NFT release, urged Fed to avoid rate cuts before November.
5️⃣Powell stated #Fed won’t wait for 2% inflation before cutting rates.
6️⃣#Vitalik opposes choosing political allies based solely on crypto support.
7️⃣a16z’s Marc Andreessen backed Trump, criticizing #Biden’s overregulation stance.
8️⃣#BlackRock’s Larry Fink declared Bitcoin a legitimate financial instrument.
9️⃣#Grayscale launched Decentralized AI Fund to invest in #AI and #crypto.
🔟Indian exchange #WazirX hacked; losses exceed $230 million with significant asset theft.
Top #CryptoNews in Past 12 Hours
1️⃣ #cryptoexchange Gate stopped serving Japan from July 22, 2024, aiding compliance with local regulations.
2️⃣ The SEC approved Ethereum spot ETFs, starting trading Today at 9:30AM (New Jersey time) July 23, with $4 billion inflow expected.
3️⃣ The U.S. Government transferred 58.742 BTC to #Coinbase, seized from Ryan Farace’s funds.
4️⃣ #Bitwise announced to donate 10% of Ethereum spot ETF profits to support Ethereum open source developers.
5️⃣ L2 project Zircuit completed its Mainnet funding round with Mirana Ventures, boosting ecosystem growth and activity.
6️⃣#MtGox transferred $2.8 billion in Bitcoin on July 23, part of its repayment plan.
1️⃣ #cryptoexchange Gate stopped serving Japan from July 22, 2024, aiding compliance with local regulations.
2️⃣ The SEC approved Ethereum spot ETFs, starting trading Today at 9:30AM (New Jersey time) July 23, with $4 billion inflow expected.
3️⃣ The U.S. Government transferred 58.742 BTC to #Coinbase, seized from Ryan Farace’s funds.
4️⃣ #Bitwise announced to donate 10% of Ethereum spot ETF profits to support Ethereum open source developers.
5️⃣ L2 project Zircuit completed its Mainnet funding round with Mirana Ventures, boosting ecosystem growth and activity.
6️⃣#MtGox transferred $2.8 billion in Bitcoin on July 23, part of its repayment plan.
Top #CryptoNews in Past 12 Hours
1️⃣#OKX Jumpstart launched Matr1x (MAX), allowing $BTC or $ETH staking to mine tokens.
2️⃣On July 23, #BitcoinETFs saw $77.97M outflow after 12 days' inflow.
3️⃣The first day of 9 spot #ETHETFs had $107 million inflow.
4️⃣#MtGox transferred 2,237 BTC to Bitstamp and 2,869 BTC to unmarked address.
5️⃣Unbound Fund announced a path to Portuguese/EU citizenship via €500,000 in Bitcoin.
6️⃣JD, a major Chinese e-commerce group, will issue Hong Kong dollar stablecoin on public blockchain. JD ranked first in the sandbox list of three stablecoin issuers.
7️⃣Ferrari announced on July 24 that it would expand its #crypto payment system to its European dealer network by the end of July.
8️⃣#Kraken faced backlash as Mt. Gox creditors claimed they hadn't received Bitcoin repayments and blamed Kraken.
9️⃣South Korea's Financial Supervisory Service summoned top five crypto exchanges over deposit fee hikes and new regulations.
1️⃣#OKX Jumpstart launched Matr1x (MAX), allowing $BTC or $ETH staking to mine tokens.
2️⃣On July 23, #BitcoinETFs saw $77.97M outflow after 12 days' inflow.
3️⃣The first day of 9 spot #ETHETFs had $107 million inflow.
4️⃣#MtGox transferred 2,237 BTC to Bitstamp and 2,869 BTC to unmarked address.
5️⃣Unbound Fund announced a path to Portuguese/EU citizenship via €500,000 in Bitcoin.
6️⃣JD, a major Chinese e-commerce group, will issue Hong Kong dollar stablecoin on public blockchain. JD ranked first in the sandbox list of three stablecoin issuers.
7️⃣Ferrari announced on July 24 that it would expand its #crypto payment system to its European dealer network by the end of July.
8️⃣#Kraken faced backlash as Mt. Gox creditors claimed they hadn't received Bitcoin repayments and blamed Kraken.
9️⃣South Korea's Financial Supervisory Service summoned top five crypto exchanges over deposit fee hikes and new regulations.
Top #CryptoNews of This Week
1️⃣ #EthereumETFs had $179 million outflow in three days after a strong initial debut
2️⃣ U.S. Q2 #GDP grew 2.8%, surpassing the expected 2.0% and previous 1.4% growth rate
3️⃣ Robert Kennedy Jr. proposed buying #BTC to match U.S. gold reserves if elected.
4️⃣ Jersey City's pension fund planned to invest in #BitcoinETFs, following Wisconsin’s similar move.
5️⃣ Seven states opposed SEC’s #cryptoregulation in court, arguing it bypassed Congressional authority.
6️⃣ Russia’s State Duma legalized Bitcoin mining & #crypto use for international trade, starting September.
7️⃣ JD.com announced issuing a Hong Kong dollar #stablecoin on a public blockchain for liquidity.
8️⃣ #Worldcoin tokens for investors and team unlocked, totaling 2.38 billion WLD over four years
9️⃣ #MtGox creditors started receiving returned BTC & BCH assets,with ongoing distribution updates
🔟#VitalikButerin published “Exploring Circle STARKs,” highlighting STARKs’ advancements and hash function optimization
1️⃣ #EthereumETFs had $179 million outflow in three days after a strong initial debut
2️⃣ U.S. Q2 #GDP grew 2.8%, surpassing the expected 2.0% and previous 1.4% growth rate
3️⃣ Robert Kennedy Jr. proposed buying #BTC to match U.S. gold reserves if elected.
4️⃣ Jersey City's pension fund planned to invest in #BitcoinETFs, following Wisconsin’s similar move.
5️⃣ Seven states opposed SEC’s #cryptoregulation in court, arguing it bypassed Congressional authority.
6️⃣ Russia’s State Duma legalized Bitcoin mining & #crypto use for international trade, starting September.
7️⃣ JD.com announced issuing a Hong Kong dollar #stablecoin on a public blockchain for liquidity.
8️⃣ #Worldcoin tokens for investors and team unlocked, totaling 2.38 billion WLD over four years
9️⃣ #MtGox creditors started receiving returned BTC & BCH assets,with ongoing distribution updates
🔟#VitalikButerin published “Exploring Circle STARKs,” highlighting STARKs’ advancements and hash function optimization
Is This the Final Chapter for #MtGox and Its Creditors? #Crypto
What’s Next for #Bitcoin as Mt. Gox and US Government Make Moves?👇
https://coinpedian.substack.com/p/can-bitcoin-hold-steady-amid-mt-goxs
What’s Next for #Bitcoin as Mt. Gox and US Government Make Moves?👇
https://coinpedian.substack.com/p/can-bitcoin-hold-steady-amid-mt-goxs
Substack
Can Bitcoin Hold Steady Amid Mt. Gox's Massive Distribution?
What's Next for Bitcoin Price?