BTC price taps $17K as analysis warns of inbound Bitcoin ‘risk events’
Bitcoin faces more than just FTX fallout in December, with macro data due and the Mt. Gox payouts getting closer. Go to Source Powered by WPeMatico
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Ether tests $1,200 but bears better positioned for $1.13B options expiry on Nov. 25
Bears are better positioned to profit roughly $215 million during November’s Ether options expiry, putting pressure on ETH’s price near a critical resistance level. Go to Source Powered by WPeMatico
Bitcoin exchanges see 180K BTC supply decrease amid Mt. Gox BTC sales
Bitcoins from the 2014 Mt. Gox hack are on the move again, with 65 BTC sent to exchange HitBTC on Nov. 22. Go to Source Powered by WPeMatico
Bitcoin will survive failure of ‘any giant’ in crypto, Samson Mow says
Bitcoin cannot be destroyed by the fall of cryptocurrency giants like FTX or, hypothetically, other big exchanges, according to Samson Mow. Go to Source Powered by WPeMatico
Bitcoin scarcity rises as bad exchanges take 1.2M BTC out of circulation
Historical data around crypto crashes revealed that 14 crypto exchanges, together, were responsible for the loss of at least 1,195,000 BTC, representing 6.3% of the 19.2 Bitcoin currently in circulation. Go to Source Powered by WPeMatico
FTX Bitcoin stash worth same as Mt. Gox 840K BTC before hack
The infamous Mt. Gox Bitcoin hack cost the same in U.S. dollar terms as FTX emptying its 20,000 BTC balance. Go to Source Powered by WPeMatico
Mt. Gox trustee sets registration deadline of Jan. 10 for repayment selection
Users of the Mt. Gox exchange may be one step closer to getting their funds back after trustee Nobuaki Kobayashi announced options for repayment. Go to Source Powered by WPeMatico
Microstrategy Buys 301 Bitcoin, Public Company Now Holds 130,000 BTC
According to Microstrategy’s executive chairman Michael Saylor, his company has recently purchased 301 bitcoin for $6 million at an average price of $19,851 per coin. Saylor detailed that the firm’s balance sheet now holds 130,000 bitcoins as the company’s stash is the largest number of bitcoins held by a publicly listed business today. Microstrategy Acquires … Read more
Mt. Gox creditors fail to set repayment date, but markets to remain unaffected
While a Bitcoin price dip may not be on the cards anytime soon, intriguing new details regarding the Mt. Gox saga have continued to emerge over the past week. Go to Source Powered by WPeMatico
Another 5,000 Bitcoin Sourced From Mt Gox Wake up After Close to 9 Years of Dormancy
Last week Bitcoin.com News reported on two old bitcoin addresses created in 2013 sending 10,001 bitcoin to a myriad of wallets. Heuristics and clustering techniques indicate that the bitcoins were associated with Mt Gox, roughly around the same time the exchange was hacked in June 2011. Five days later, 5,000 bitcoins were transferred from a … Read more
