Mt Gox Initiates Bitcoin Repayments to Creditors
The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some…
CoinDesk 20 Performance Update: Index Plunged, With All 20 Assets Declining
The CoinDesk 20 Index dropped by 5.7% today, with every asset posting losses and LTC and ATOM leading the…
U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021
Before this morning's jobs report, market participants put nearly 70% probability of lower rates in September,…
First Mover Americas: Bitcoin Slumps Below $54K as Mt. Gox Flags Repayments
The latest price moves in bitcoin (BTC) and crypto markets in context for July 5, 2024. First Mover is CoinDesk’s…
Bitcoin Traders Target $50K as Billions in BTC Selling Pressure Looms
“The German government still has over $2.3 billion worth of bitcoin, Mt. Gox has more than $8 billion, and the US…
U.S. Crypto Stocks Sink in Pre-Market Trading as BTC Slumps
Software company MicroStrategy, which holds over 210,000 BTC, and bitcoin miner Hut 8 led declines as bitcoin…
U.S. Nonfarm Payrolls Eyed as Bitcoin Heads for Largest Weekly Loss Since FTX’s…
The jobs data, due later Friday, is forecast to show that the pace of job additions in the world's largest economy…
Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash
The news of the repayments added selling pressure on bitcoin and the larger crypto market after Mt. Gox announced…
As Bitcoin Bellyflops to $54K Only Five Mining Rigs Remain Profitable, Says F2Pool
Miners need to continually sell bitcoin rewards to keep operations afloat, and they are stressed during a market…