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MT. Gox Resumes Payments?
Mt. Gox exchange, which caused significant price drops in the cryptocurrency world with the payments it started in Temmuz. Gox exchange sent a total of 500 BTC to two unknown addresses overnight. The purpose of this first transfer made by the exchange after about 1 month is not yet known.
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Donald Trump Celebrates Bitcoin’s 16th Anniversary
US Presidential candidate Donald Trump celebrated the 16th anniversary of Bitcoin and sent a message to cryptocurrency supporters. He criticized his opponent Kamala Harris’ anti-cryptocurrency stance and reiterated that he would support US-based Bitcoin production. This statement has the potential to change US cryptocurrency policies.
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Tether Publishes Third Quarter Financial Report
Tether announced its financial performance for the third quarter of 2024, posting a Group net profit of $2.5 billion and a cumulative nine-month profit of $7.7 billion.by
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Immutable (IMX) Faces SEC Threat
Immutable (IMX) announced that it received a Wells notice from the US Securities and Exchange Commission (SEC) for IMX sales, which is called a pre-suit warning. With this latest development, IMX price fell sharply. IMX, which lost more than 5% in minutes after the selling pressure, fell by 10% today
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US Economic Data Released
As of today, the agenda of the cryptocurrency industry and traditional financial markets was dominated by economic data from the US.
US Non-Farm Payrolls: Previous: 223, thousand Expectation: 106 thousand, Announced: 12 thousand
US Unemployment Rate: Previous: 4.1%, Expected: 4.1%, Announced: 4.1%
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Mt. Gox 500 Bitcoin Transfer: Payback to Creditors?
An address associated with the Mt. Gox exchange moved about 500 Bitcoins. It is not clear whether this move was part of an effort to repay creditors. Mt. Gox’s transfer of 500 Bitcoins worth $35 million is the first major cryptocurrency transfer from Mt. Gox-associated wallets in about a month. Mt. Gox flagged addresses still hold 44,905 BTC worth about $3.1 billion.
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Standard Chartered Announced
According to Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, there could be a pullback in the Bitcoin price ahead of the US presidential election on Kasım 5, with increased volatility expected after the election.
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