Crypto News

Mt. Gox Coins on the Move The crypto community was surprised when over 16,000 bitcoins and 16,000 bitcoin cash, worth over $140 million, were moved from the infamous Mt. Gox exchange wallet. This sparked concerns that the coins, which were previously locked up in the exchange's bankruptcy proceedings, could potentially be dumped on the market, causing a drop in prices. The movement of these coins also raised questions about the security of the remaining coins in the exchange's wallet. Bitcoin's Volatility Continues Bitcoin prices have been experiencing a rollercoaster ride in recent weeks, with sharp drops and quick recoveries. The latest drop has been attributed to the Mt. Gox coins movement, as well as the ongoing debate over the potential for a "hard fork" in the Bitcoin network. The uncertainty surrounding this fork, which could potentially split the Bitcoin blockchain into two separate entities, has caused investors to panic and sell off their coins....