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Check out which BTC-related cryptocurrencies performed the best since the start of 2024.

Here are the Top 5 Gainers in the Bitcoin (BTC) Ecosystem YTD: Details

The post Mt.Gox’s $9.5 Billion Bitcoin Distribution: Crypto Market Impact on the Horizon appeared first on Coinpedia Fintech News Mt. Gox, the now-defunct Bitcoin exchange, has announced the repayment of a massive $9.5 billion worth of Bitcoin to its creditors. This impending payout, which includes 142,000 Bitcoin and 143,000 Bitcoin Cash (BCH), has raised questions about how far this promise will be executed. Analysts from K33 Research have cautioned that such a large release …

Mt.Gox’s $9.5 Billion Bitcoin Distribution: Crypto Market Impact on the Horizon

Bitcoin Cash and Celestia show potential buy signals. Negative funding rates suggest possible price squeezes. Continue Reading: Exploring Investment Signals in the Crypto Market

Exploring Investment Signals in the Crypto Market

Despite Ethereum's woes, investors are increasingly looking at Bitcoin Cash and Filecoin for potential rebounds.

Amid Ethereum's Ongoing Struggles, Bitcoin Cash & Filecoin Investors Turn to Fezoo Exchange Presale

In a recent update that boosts optimism among affected users, the trustee of the hacked cryptocurrency exchange Mt. Gox has provided crucial information regarding the repayment process for the lost funds. Users on the Mt. Gox insolvency subreddit began reporting in mid-April that their claims accounts had been updated. These updates included details on the amounts of Bitcoin, Bitcoin Cash, and fiat currencies slated for repayment. This has led many to anticipate imminent cryptocurrency reimbursements. A creditor shared a screenshot on the subreddit that displayed a new table in their Mt. Gox account. This table indicated various entries such as

Mt. Gox Updates Repayment Plan: Creditors to Receive Bitcoin, Cash Following Verification

The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack.

Mt. Gox's Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns

Two cryptocurrencies among the highest open interests in the market currently have negative funding rates, potentially indicating a buy signal. … Continue reading The post Buy signal for two cryptocurrencies with negative funding rates appeared first on Finbold .

Buy signal for two cryptocurrencies with negative funding rates

Koala Coin gains momentum in its presale alongside robust performances from Bitcoin Cash and Injective Protocol. #partnercontent

Koala Coin rises alongside Bitcoin Cash and Injective Protocol

Bitcoin exchange Mt. Gox has reportedly begun repaying its users, providing a glimmer of hope for those affected by the exchange’s infamous hack over a decade ago. The trustee of Mt. Gox confirmed the verification process for eligible repayment clients three months ago, and now users are seeing actual payments being made. However, the repayment

Mt. Gox Users Finally Receive Payments, BTC, Bitcoin Cash Selling Pressure Incoming?

Renowned crypto analyst Lark Davis recently shared insights into the world of altcoin and decentralized finance (DeFi), offering high-risk, high-reward options and established projects. During a live stream, Davis discussed his current portfolio holdings, while emphasizing the volatility inherent in these markets. High-Risk Ventures Altcoin And Established DeFi Projects During his discussion, Davis advised against investing in Bitcoin SV (BSV), expressing doubts about Craig Wright’s claim to be Satoshi Nakamoto. He emphasized the importance of doing thorough research before investing in cryptocurrencies. Related Reading: Crypto Analyst Unveils Top 10 BTCfi Altcoins Post-Halving Additionally, he mentioned Bitcoin Cash (BCH) as a potential candidate for the next ETF approval in the US due to its slight variations from Bitcoin. Regarding altcoins and DeFi, Davis highlighted different projects in his portfolio, including “Puff, Benji, and Foxy,” which he categorized as “high-risk, high-reward ventures.” Davis also mentioned DeFi projects like “Jup and Arrow,” which are known for their governance features and staking rewards. Furthermore, Davis discussed projects with considerable potential for growth, such as Solana, Trader Joe, and Mantle. However, he emphasized these investments’ volatile nature and recommended that viewers approach them cautiously. In addition to Davis’s insights, Solana has recently become the fourth-largest cryptocurrency by market capitalization, surpassing XRP and Dogecoin. With a market cap of $68.7 billion and a price of $154.66 at the time of writing, Solana’s rise reflects growing interest in the project. Analysts’ Perspectives On Altcoins Meanwhile, analysts offer contrasting views on the future of altcoins. Altcoin Sherpa suggests that these alternative tokens may stagnate for 1-4 months, needing time to consolidate after a significant run. It’s quite possible that altcoins are done for the next 1-4 months. There are certainly going to be outliers but I think that the majority need time to chill out and consolidate after such a big run. The scary thing is that many alts didn’t even run that hard over the last few… pic.twitter.com/sGke8PT5yw — Altcoin Sherpa (@AltcoinSherpa) April 16, 2024 However, Crypto Jelle presents an opposite outlook, suggesting that altcoins could rally massively in the coming months. Related Reading: Crypto Analyst Says Don’t Buy Altcoins Just Yet – Here’s Why Crypto Jelle points to historical patterns, noting that altcoins typically consolidate after breaking out from a resistance zone before entering a new bull run. If history repeats itself, altcoins could demonstrate significant growth potential shortly. It’s about time for #Altcoins to remind everyone what they’re capable of. Looks primed to go on a massive rally in the coming months. I’m ready. pic.twitter.com/qru4GksczF — Jelle (@CryptoJelleNL) April 12, 2024 Featured image from Unspalsh, Chart from TradingView

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