Mt. Gox

Like a ghost from the past, Mt. Gox resurfaces by moving billions in Bitcoin, awakening fears, speculation, and cold sweats among crypto investors.

As Bitcoin hovers around $81,000, a massive transfer of nearly 12,000 BTC by the former defunct giant reignites speculation. Between the psychology of the players and invisible market mechanisms, a breakdown of a tremor that recalls the fragility of an ecosystem still marked by its ghosts. Did Mt. Gox just…

The Mt. Gox exchange platform, a victim of a historic hack in 2014, has just announced a one-year extension of the deadline for reimbursing its creditors. This surprise announcement shakes the market: on one hand, it alleviates fears of a massive Bitcoin sell-off, while on the other, it rekindles anxiety among the victims. Will the creditors ever see their money again?

Mt. Gox wakes up cryptos with a 2 billion bitcoin test. It smells risky.

Despite the transfer of 47,229 Bitcoin by Mt. Gox, the market did not panic, demonstrating increased investor confidence.

The collapse of Mt. Gox in 2014 marked a significant moment in the history of cryptocurrencies. Ten years later, creditors are still awaiting their reimbursements. Mt. Gox holds 90,000 bitcoins, valued at around 6 billion dollars. This situation raises questions about the potential impact of liquidating these assets on the Bitcoin market.

The distribution of BTC by Mt. Gox seriously harms Bitcoin. The end of this distribution by Kraken could finally relieve the crypto!

As FUD regarding Mt. Gox dissipates, all eyes turn to Trump's speech at the Bitcoin conference in Nashville.

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It is a great sigh of relief for the creditors of the former cryptocurrency exchange platform Mt. Gox! The saga of this fallen exchange finally takes a major turn. After years of waiting and complex procedures, the platform finally proceeds with the repayment of its clients. News that delights creditors, but the repercussions on the crypto market are disastrous.

Bitcoin was born in one of the most tumultuous financial contexts the United States, indeed the whole world, has ever known. From 2007 to 2009, with the subprime crisis, a feeling of mistrust towards governments and banks gripped the population, leading them to question the entire monetary system.

Creditors of the former Mt. Gox exchange platform are set to receive their refunds in Bitcoin as early as July. According to JPMorgan, these distributions could lead to significant sales in the market, putting short-term pressure on the price of BTC and other cryptos.

Bearish pressure is expected in the coming months/weeks and this anticipation is already weighing on bitcoin.

Despite Mt. Gox transferring 10 billion in bitcoins, CryptoQuant claims that there is no immediate selling pressure.

Ten years after its bankruptcy, Mt. Gox's creditors will finally receive their bitcoins.

It seems that the bearish pressure related to the GBTC ETF is fading a bit. Do we foresee the end of the tunnel for bitcoin?

So far, the wallet of Bitcoin's father is the richest of all. Celebrities, governments, companies, or cryptocurrency exchanges of all kinds have not been able to dethrone him in the ranking of wealthy Bitcoin holders. Details!