Mt. Gox to Begin Repayments in July; BTC Slides Under $61K
The defunct crypto exchange is supposed to return over 140,000 bitcoin to victims of the 2014 hack.
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The defunct crypto exchange is supposed to return over 140,000 bitcoin to victims of the 2014 hack.
The firm will purchase over $6.2 million worth of bitcoin using proceeds from an upcoming bond issuance, adding to its BTC coffers.
The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4%.
Dismal bitcoin price action has apparently caused crowd sentiment for four straight weeks, a sign that may spell relief for bulls in the near term.
Thursday marked the fifth straight day of net outflows for the U.S.-listed ETFs in their worst performance since mid April.
DOGE funding rates are starting to flip negative, data shows, as traders move away from riskier assets amid low volatility in the broader crypto market.
The AI-linked token sector has risen 14% in the past 24 hours, data shows, outperforming other sectors.
Arkham has identified the entity as an address belonging to the German Federal Criminal Police Office, which had seized almost 50,000 BTC from a piracy site.
The selling coincides with net outflows from U.S.-listed bitcoin ETFs in the same period, data shows.
The relatively new token created ripples in the crypto community on X this week over its supposed existence as the “official” Donald Trump token. But it turns out one of its biggest loudmouths was behind its issuance.