Cryptocurrency Market

  • Market Cap: $2,425,389,926,722.30
  • 24h Vol: $61,102,931,072.84
  • BTC Dominance: 56.53%

Mt Gox

76-sleeping-bitcoin-wallets-activated-in-july,-unlocking-$424m

76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M

Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally, 76 transactions from dormant bitcoin wallets, created between 2010 and 2017, spent 6,536.17 BTC, amounting to $424 […]

76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M Read More »

mt-gox-estate-transfers-$3b-in-bitcoin,-$53m-in-bitcoin-cash-ahead-of-distribution

Mt Gox Estate Transfers $3B in Bitcoin, $53M in Bitcoin Cash Ahead of Distribution

According to onchain data, at 4:12 a.m. EDT on Tuesday, 48,641 bitcoin worth just over $3 billion were transferred by the Mt Gox estate ahead of the forthcoming distribution. Mt Gox Estate Moves Large Holdings Before Distribution After the price of bitcoin (BTC) climbed above $65,000, Mt Gox sent 48,641 BTC, valued at $3 billion,

Mt Gox Estate Transfers $3B in Bitcoin, $53M in Bitcoin Cash Ahead of Distribution Read More »

7-events-that-could-shift-the-crypto-market-landscape-in-an-instant

7 Events That Could Shift the Crypto Market Landscape in an Instant

The cryptocurrency market finds itself in a challenging situation, with a mix of obstacles and potential opportunities that could influence its future positively. This editorial examines the elements that the crypto community might encounter and highlights key points to consider amid the current market volatility. 7 Distinct Things That Could Instantly Change Everything Bitcoin has

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mt-gox-trustee-transfers-$2.7b-in-bitcoin,-creating-19th-largest-btc-wallet

Mt Gox Trustee Transfers $2.7B in Bitcoin, Creating 19th Largest BTC Wallet

On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer, valued at approximately $2.7 billion, leaves Mt. Gox with around 141,687 BTC worth nearly $8.1 billion. This significant transaction came after several test transfers were conducted earlier on July 4. The trustee had previously announced that

Mt Gox Trustee Transfers $2.7B in Bitcoin, Creating 19th Largest BTC Wallet Read More »

german-government-still-holds-over-40k-bitcoins-after-recent-sale,-onchain-data-shows

German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows

The German government has been selling seized bitcoin but still holds more than 40K BTC, worth over $2.3 billion, according to onchain data from blockchain intelligence firm Arkham. These sales are occurring alongside the anticipated Mt. Gox bitcoin distributions. In response to Germany’s BTC liquidation, Tron founder Justin Sun has offered to purchase the remaining

German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows Read More »

bitcoin-dips-to-$56,952-as-market-reacts-to-mt-gox-and-german-btc-moves

Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves

On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin to unidentified wallets, Coinbase, Bitstamp, and Kraken. Bearish Sentiment Grows as Bitcoin Continues to Slide Bitcoin’s

Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves Read More »

mt-gox-to-start-distributing-$9-billion-in-bitcoin-to-creditors-in-july-after-decade-long-wait

Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait

On Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges. After Ten Years, Mt Gox Trustee Announces July Start for Repayments Approximately $9 billion worth

Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait Read More »

report:-speculation-returns-as-bitcoin-market-shows-signs-of-recovery

Report: Speculation Returns as Bitcoin Market Shows Signs of Recovery

Glassnode’s latest onchain analysis reveals a resurgence in speculative activity in the bitcoin (BTC) market after months of stagnation. This shift marks a potential change in market sentiment, with both short and long-term holders displaying increased engagement. Mt Gox Preparations Spark New Wave of Bitcoin Speculation Analysts at Glassnode reported the reappearance of speculative behavior

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microstrategy’s-bitcoin-holdings-reach-140,000-btc-after-acquiring-1,045-more-bitcoins

Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins

Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 billion. Microstrategy Buys Another Batch of Bitcoins Microstrategy has begun acquiring bitcoin (BTC) again, after purchasing 6,455 bitcoins

Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins Read More »

us-government-remains-a-top-bitcoin-holder-with-seized-stash-valued-at-$5.6-billion

US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion

As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860 bitcoins worth roughly $269 million

US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion Read More »