The Rehabilitation Trustee of the defunct crypto exchange Mt. Gox has made a statement confirming that it has not sold its significant Bitcoin holdings. Despite transferring over 140,000 BTC (approximately $10 billion), the trustee clarified that preparations to repay creditors were ongoing. The firm mentioned that the bankruptcy process will compensate creditors with fiat currency,
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The recent approval of spot Ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) has sparked interest in the potential impact on the market, particularly in relation to outflows. A report by Kaiko suggests that Grayscale’s upcoming spot Ether ETF could see significant daily outflows if it follows a similar trend to
Ethereum (ETH) is currently making waves in the cryptocurrency market with a significant technical breakout that has caught the attention of analysts like Jelle. Breaking out of a bearish pattern known as the “falling wedge,” Ethereum has managed to flip key resistance levels into support zones. This breakthrough has set the stage for Ethereum to
The Normie (NORMIE) token recently faced a major setback when its value plummeted by 99% within just three hours due to a smart contract exploit. This exploit caused its market cap to drop from a staggering $42 million to a mere $200,000. In the aftermath of the incident, the developers of the Base meme coin
