Mt. Gox’s Looming $9B Bitcoin Payout Could Weigh on BTC Prices, Analysts Warns



Crypto firm K33 Research said in a Tuesday report that Mt. Gox, a crypto exchange that imploded due to a hack in 2014, is gearing toward distributing 142,000 bitcoin (BTC) worth roughly $9.5 billion and 143,000 bitcoin cash (BCH) worth $73 million to creditors, posing a substantial overhang on digital asset prices.



Source link

spot_imgspot_img

Related articles

Fire breaks out at Russian tank plant in Omsk

A huge fire occurred at the Omsktransmash tank...

A Walk with Gillian Anderson & Jason Isaacs

It is a deceptively simple premise for a...

THE POWER SUIT – THEN & NOW

Jon Hamm from Mad Men – Leonardo DiCaprio...

Quest Chocolate Chip Pumpkin Cookies Recipe

CHEAT ON BREAKFAST WITH QUESTIFIED CHOCOLATE CHIP PUMPKIN...

11 Men’s Chore Coat Picks You’ll Wear Into the Ground This Fall (All Budgets)

The perfect lightweight jacket for modern life. What exactly...
spot_imgspot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here