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.
Related posts
-
Bitcoin Price Signals Bearish Continuation, Why BTC Could Drop Below $60K
Bitcoin price started a fresh decline from the $62,000 resistance zone. BTC is declining and remains... -
Robert Kiyosaki Warns of US Dollar Collapse if BRICS Crypto Happens
Rich Dad Poor Dad author Robert Kiyosaki has issued... -
Bitcoin’s ‘Existential’ Challenge: Core Developer Warns of a New Era of Internal Struggles
Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core...