Over a Third of Mt. Gox Bitcoin Returned to Creditors Even as BTC tests $65,000 Mark

As a seasoned financial analyst with a decade-long career in the crypto market, I’ve closely monitored the developments surrounding Mt. Gox and its ongoing distribution of Bitcoin to creditors. The latest report from CryptoQuant revealing that 36% of the coins have been distributed has certainly piqued my interest. Approximately one-third plus of the Bitcoin originally … Read more

Crypto Investment Surge: $1.44 Billion Inflows with BTc, ETH, and SOL Leading the Charge

As a seasoned financial analyst with a background in cryptocurrency investments, I find the recent inflows into cryptocurrency investment products to be quite intriguing. The latest report from CoinShares reveals that Bitcoin attracted $1.35 billion in inflows last week, which is its fifth-largest weekly inflow on record. This surge in demand comes despite Bitcoin’s price … Read more

Bitcoin Price Drops Ahead of Potential $6 Billion Earthquake

As a seasoned financial analyst with extensive experience in cryptocurrency markets and a deep understanding of the historical significance of Mt. Gox, I find the recent developments surrounding this once-giant exchange both intriguing and concerning. My personal recollection of the 2011 hack that crippled Mt. Gox and ultimately led to its bankruptcy in 2014 still … Read more

Bitkey, Jack Dorsey’s Hardware Wallet, Partners with MoonPay for Bitcoin Purchases

As a seasoned researcher with extensive experience in the digital asset space, I have come to appreciate the importance of user-friendly and secure solutions for managing Bitcoin and other cryptocurrencies. With my background, I am particularly drawn to the latest developments within the Bitkey ecosystem. On July 16th, the Bitkey team unveiled a fresh collaboration … Read more

Japan’s Metaplanet Increases Its Share Price Again by Buying More Bitcoin

As a seasoned researcher with extensive experience in following the financial markets, particularly those in Japan and the technology sector, I find Metaplanet Inc.’s recent Bitcoin purchases intriguing. The company’s strategic moves into cryptocurrencies have been noteworthy, with its latest acquisition of 21.88 BTC worth over $1.2 million (200 million Japanese yen) bringing their total … Read more

How Uphold’s Unwavering Support for XRP Paid Off: ‘We Stayed With XRP and the XRP Community Stayed With Us’

As a seasoned researcher with a deep interest in the crypto industry, I was particularly intrigued by Nancy Beaton’s keynote speech at the XRP Ledger Apex 2024 event in Amsterdam. Her insights from Uphold’s experiences during challenging times, especially their unwavering support for XRP, resonated with me because it showcased the importance of community ties … Read more