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news-imageOctober 11, 2024

Mt. Gox Extends Bitcoin Repayment Deadline to October 2025

Mt. Gox has delayed its Bitcoin repayment plan to October 2025, potentially easing selling pressure on the cryptocurrency market in the short term.
Publisher: Blockonomi
Sentiment: Negative
BTC

More News Articles

Neutral
cover-imageZycrypto
October 11, 2024

Ancient Bitcoin Whales Are Still Asleep; Here's Why It Matters

In a post shared on X, Crypto pundit Ki Young Ju observed the state of ancient Bitcoin whales, asserting that they are still “sleeping.” According to his observations, Bitcoin whales have been dormant for more than seven years, depending on their source and destination, and have historically triggered market volatility.

Negative
cover-imageBenzinga
October 11, 2024

SEC Showdown: Gary Gensler Defends Crypto Policy While Commissioner Mark Uyeda Calls It 'Disaster' For Assets Like Bitcoin, Ethereum, Dogecoin

In a fresh display of growing discord within the SEC, Commissioner Mark Uyeda has slammed the agency's cryptocurrency policy, calling it a “disaster” for assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE). Despite rising criticism, Chairman Gary Gensler remains firm in enforcing the policy.

Positive
cover-imageBitcoin
October 11, 2024

Ethiopia Boosts Bitcoin Mining Power Allocation to 600 MW

Ethiopia has rapidly expanded its electricity allocation to Bitcoin mining, making it one of the world's fastest-growing markets for this activity. The country plans to further increase its capacity this year. Many of the miners are using mid-generation machines due to their low power consumption.

Positive
cover-imageThe Currency Analytics
October 11, 2024

Bitcoin Whales Ramp Up Activity: What It Means for the Market

Bitcoin (BTC) whales have markedly increased their activity, accumulating a substantial amount of BTC amid ongoing price uncertainties in the market. Over the past two days alone, these large holders have gathered a total of 1,000 BTC, signaling potential shifts in market dynamics as previously dormant coins re-emerge.

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