Tags: Bitcoin

Bitcoin Drops As Mt. Gox Starts Repaying Creditors $9 Billion After 10-Year Bankruptcy

[UPDATE] Bitcoin Drops as Mt. Gox Starts Repaying Creditors $9 Billion After 10-Year Bankruptcy

Bitcoin dropped 5.2% to $54,313 due to concerns over Mt. Gox's $8-9 billion Bitcoin repayment and other market sentiments that have contributed to increasing market supply and volatility.


Bankrupted Bitcoin Company Starts Repaying $9 Billion Worth of Crypto to Creditors

Mt. Gox, the defunct Japanese Bitcoin exchange, has begun reimbursing creditors with Bitcoin and Bitcoin Cash, starting with 140,000 Bitcoins recovered out of approximately 950,000 lost.

Bitcoin Dips to 2-Month Low Amid US Presidential Election Uncertainty

Bitcoin dropped to its lowest level in two months on Thursday. Bitcoin dropped to its lowest level in two months on Thursday. According to Reuters, the cryptocurrency's value fell over 2% to $57,843, marking its lowest point since May 2 and losing over 6% this week alone.

Bitcoin ETFs Are Still Being Slowly Adopted by Financial Advisors, BlackRock Exec Says

Bitcoin ETFs are on a slow adoption journey, according to BlackRock's Samara Cohen. Bitcoin exchange traded funds (ETFs) are still slowly being adopted by financial advisors despite making their debut in January, according to BlackRock's Samara Cohen.


Latest News

SEC Approves Ether ETFs, Marking Major Milestone for Cryptocurrency Industry
The SEC has approved Ether ETFs, marking a significant milestone for the cryptocurrency industry by simplifying investments and potentially boosting wider adoption.
Cryptocurrency Trader Loses $70 Million in 6 Hours in So-called ‘Address Poisoning’ Scam
A cryptocurrency trader lost nearly $70 million in Wrapped Bitcoin (WBTC) after moving the enormous reserve to a suspicious wallet address.
Coinbase Reports Impressive Q1 Revenue of Above $1 Billion Following Bitcoin Rally
Coinbase announced a better-than-expected revenue in its first-quarter earnings report on Thursday after a bitcoin rally led to a surge in profit.
Tribeca Talks: After The Movie: The Rise and Rise Of Bitcoin - 2014 Tribeca Film Festival
Bitcoin miners are adapting to reduced revenues post-halving by investing in innovative solutions, while some are also exploring opportunities in artificial intelligence.
SEC Decision On Bitcoin ETF Approval Expected Soon
Hong Kong's financial regulators have approved the launch of bitcoin and ether exchange-traded funds (ETFs) as part of their goal to become a 'crypto hub' in Asia.
Cryptocurencies Tumble as Iran Launches Drone Attack on Israel; Bitcoin, Crypto Price Could Hit $500 Billion Crash
Bitcoin experienced a significant drop in value following reports of Iran's alleged retaliatory attack involving numerous drones on Israel.
Ripple CEO Brad Garlinghouse said the cryptocurrency market is poised for significant growth this year.
Texan Bitcoin miners are expanding to Argentina's shale gas-rich Mendoza province, tapping into wasted energy to power their operations as the potential profitability of Bitcoin surges once again.
Bitcoin plummeted overnight from $72,000 to $67,000, sparking concerns about the end of its rally. Experts cite varied factors, with divided opinions on its future trajectory.
Is Craig Wright the real bitcoin founder Satoshi Nakamoto? A London judge has finally revealed the answer.
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