Mt. Gox, the defunct crypto exchange, has transferred 11,833.6 Bitcoin, worth approximately $931 million, to new addresses, sparking fears of potential sell-offs. According to on-chain data from Arkham Intelligence, the Bitcoin transfers, which took place on Mar. 11, saw 11,501.58 Bitcoin (BTC) (~$905 million) moved to an unidentified wallet, while 332 BTC (~$26.1 million) was…
Key Takeaways Mt. Gox transferred 11,501 Bitcoin, worth about $905 million, to an unmasked wallet after a test transfer to BitGo. Mt. Gox still holds over 35,915 Bitcoin, valued at approximately $2.8 billion at current market prices. Share this article Mt. Gox, the now-defunct crypto exchange, transferred 11,501 Bitcoin, worth approximately $905 million, to an…
Undoubtedly, President Donald Trump’s decision to establish a Bitcoin and crypto reserve, drawing from the existing stockpile with more additions scheduled through “budget-neutral” strategies, has sparked heated debate. At no point did the president or David Sacks, the AI and crypto czar, say they were bailing out cryptocurrencies like Solana, Ethereum, or some of the…
Bitcoin, the number one cryptocurrency by market capitalization, is facing market turbulence, but prominent trader CrediBULL Crypto remains unfazed. He argues that BTC’s correlation with traditional stocks is overstated, and maintains that the asset’s long-term trajectory remains intact. Bitcoin’s Correlation With Stocks: Overblown Fears? The recent dip in the price of Bitcoin, where it dropped…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin and Shiba Inu holders are shifting gears, betting on Rollblock’s 5,000% surge potential. Dogecoin (DOGE) and Shiba Inu (SHIB) may have led past crypto bull runs, but Rollblock (RBLK) is stealing the spotlight…
Key Takeaways Speculation suggests the US DOJ may be liquidating seized Bitcoin, impacting its price. Clarity on Bitcoin’s price movement linked to DOJ actions is expected within 30 days. Share this article David Bailey, a well-known Bitcoin advocate and CEO of BTC Inc, speculated that Bitcoin’s recent price decline might be connected to the US…
Since March 2, Bitcoin prices have been on a free fall. Many holders thought the spike to $94,000 would ignite demand, lifting the world’s most valuable coin above the $100,000 level and even to all-time highs. While this possibility cannot be discounted, the current price action is shifting heavily in favor of bears. Taking advantage…
Michael Saylor-led business intelligence firm, Strategy announced today that it has entered into a sales agreement to offer up to $21 billion of 8% Series A Perpetual Strike Preferred Stock, according to a filing with the US Securities and Exchange Commission (SEC). The shares, which carry a $0.001 par value, are convertible into Strategy’s class…
Bitcoin plunged below $80K on Monday, March 10, dropping to lows of $77,490 as the crypto market suffered another bloodbath. But despite the potential for Bitcoin (BTC) to dip further, Nigel Green, chief executive officer of global financial advisory giant deVere Group, holds a bullish view. He explained why the bull market may not be…
Key Takeaways Elon Musk reports that X is being targeted by a highly coordinated cyberattack. The team is working to identify and track down the attackers. Share this article Elon Musk has revealed that X is facing a massive and highly coordinated cyberattack that is larger and more sophisticated than the daily attacks they face,…
