How Mt.Gox’s looming $9 billion payout could impact Bitcoin

Credit: Invezz- Published on April 23, 2024

Mt.Gox is likely to distribute the 142,000 Bitcoin that it owes to creditors, in the coming weeks. The development is making headlines as an analyst highlights the possibility of Bitcoin price rally grinding to a halt as the defunct exchange offloads BTC. Bitcoin could face headwinds in the coming weeks Creditors have seen...