Bitcoin back above $65K as traders shake off Mt. Gox BTC transfers
Traders ignored the news that Mt. Gox transferred billions of dollars in BTC and instead focused on pushing Bitcoin price above $65,000.
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Traders ignored the news that Mt. Gox transferred billions of dollars in BTC and instead focused on pushing Bitcoin price above $65,000.
BTC price attempts to stabilize as traders warn of a possible return below Bitcoin buy support at $60,000.
Craig Wright’s claims of being Bitcoin’s creator have been debunked, leading to a referral for alleged perjury by a London judge.
Mt. Gox appears to be shifting funds from cold storage in preparation for distribution to creditors, with nearly 100,000 BTC in outflows on July 16.
More than $88 million is held in the top 100 Bitcoin wallets, which are classified as containing a “minuscule amount” of BTC.
The reported fundraiser will come after the Republican National Convention, in which delegates are expected to nominate Donald Trump as the party’s presidential candidate.
Bitcoin and altcoin traders set their sight on new all-time highs now that BTC price is back above $63,000.
BTC price gains from the weekend hold firm as Larry Fink confirms that he is no longer a Bitcoin “skeptic.”
Mainland China has repeatedly banned certain activities related to Bitcoin, but it has somehow still remained a major player in activities like Bitcoin mining.
BTC price gains since the weekend have transformed market sentiment, but not all Bitcoin traders think the good times will return so easily.
