Crypto Finance Stock

💰 Mt. Gox Redemption Fears ‘Overblown’ Say Traders as $10B BTC Holdings Draw Concerns Crypto traders say selling pressure from Mt. Gox’s newly announced repayments could be much less than market observers fear, easing concerns about an imminent selloff. “The impact on bitcoin's price from Mt. Gox distributing Bitcoin is likely overblown,” Sam Callahan, senior analyst at Swan Bitcoin, said in a Tuesday email to CoinDesk. “Creditors who wanted to sell their bitcoin have now had more than 10 years to do so through selling their bankruptcy claims to more convicted, long-term investors. Source @StockApp

🚨 Top 12 Crypto News in The Last Couple of Hours 1️⃣Nubit #Alpha Blockchain Project Advances to Second Phase of Testnet 2️⃣ #Binance Labs Invests in Infrared to Enhance Proof of Liquidity 3️⃣ #Polkadot's Price Faces Downward Pressure, Breaches $6 Support Level 4️⃣ #Investors Anticipate Key Economic Reports, Crypto Market Experiences Volatility 5️⃣ #X Payments Secures Money Transmitter License In 29 US States 6️⃣#Mt.Gox Debt Repayment Process May Extend Until October 2024 7️⃣#Cryptocurrency Market Witnesses Liquidation Worth $270 Million 8️⃣#Kerrisdale Capital Shorts MicroStrategy Stocks, Citing Unreasonable Premium Relative To Bitcoin 9️⃣#Louisiana Passes Bitcoin Bill To Safeguard Usage Rights And Limit Central Bank Digital Currency 🔟#Bitcoin Mining Industry Attracts Investor Interest Following Core Scientific and CoreWeave Collaboration 1️⃣1️⃣ #BNB Experiences Short-Term Drop Below 570 USDT 1️⃣2️⃣#Bitcoin Experiences Six Major Pullbacks Since 2022 Bear Market Bottom @StockApp

🇩🇪 JUST IN: The German government is selling 🥇 Bitcoin again. Today, they transferred 400 $BTC ($24 million) to Coinbase and Kraken exchanges, and another 500 $BTC to an unknown wallet. @StockApp

Bitcoin whale transactions have dropped by more than 40% recently According to Santiment statistics, the total number of Bitcoin whale transactions (US$100,000 or more) in the past two days was 9,923, a 42% decrease from the 17,091 transactions recorded in the previous two days. The change in whale behavior occurred when the price of Bitcoin fell from US$64,685 to US$63,422, and then fell further to US$62,393 at the time of this article's publication. @StockApp

FUN FACT: In 2014, Dell accepted payment of 85 Bitcoin  worth $50,000 for a server order. Today, that 85 🥇 BTC  is worth $5.4 million. @StockApp

JUST IN: Gemini crypto exchange founders donate 30.94 Bitcoin worth $2 million to Donald Trump to "put an end to the Biden Administration's war on crypto." @StockApp

NEW: 🟠 Over $16B worth of #Bitcoin short volume in the last 12 hours❗️ Betting against Bitcoin never ends well... @StockApp

🇩🇪 Germany Moves Massive Bitcoin Stash: Government Wallet Shifts $425 Million in BTC, Sparking Speculation. @StockApp

JUST IN: 🔴 Former Binance CEO Changpeng Zhao sentenced to 4 months in prison 👀 @babydoge

🇦🇪 United Arab Emirates leads the Middle East in crypto adoption, with 72% of local users investing in 🥇 Bitcoin @babydoge