Bitcoin Holds $61K After a Brief Nosedive
Bitcoin has seen significant selling pressure from continued ETF outflow, Mt. Gox’s upcoming bankruptcy redemptions, and miner sales.Source
Julian Assange Reaches Plea Deal With U.S. DOJ
Wikileaks co-founder pleads guilty to single espionage charge in exchange to a sentence for time served.Source
Bitcoin Threatens $60K on Mt. Gox News, but Sales Could Be Less Than Feared
Prices are sharply lower on Monday after the trustee for the defunct crypto exchange said it will begin returning more than 140,000 bitcoin to clients whose assets were stolen in a 2014 hack.Source
Don’t Tell Anyone, but Private Blockchains Handle Over $1.5T of Securities Financing a Month
Permission-based repo ledgers are among the most successful applications of blockchain technology.Source
Ether Traders Buy $4K Calls In Anticipation of Record High
Call buyers are implicitly bullish on the market.Source
Mt. Gox to Begin Repayments in July; BTC Slides Under $61K
The defunct crypto exchange is supposed to return over 140,000 bitcoin to victims of the 2014 hack.Source
Majority of Japanese Institutional Investors Plan to Invest in Crypto in Next Three Years: Nomura Survey
54% of respondents said they planned to invest in cryptocurrencies in the next three years and 25% of firms said they had a positive impression of digital assets, the study said.Source
Japan’s Metaplanet Wants to Buy Another $6M Bitcoin
The firm will purchase over $6.2 million worth of bitcoin using proceeds from an upcoming bond issuance, adding to its BTC coffers.Source
Bitcoin Tumbles Toward $62K as Crypto Bulls See $150M in Liquidation
The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4%.Source
Bitcoin’s Double Top Suggests BTC Could Fall to $50K: Analyst
The bearish pattern hints at a further correction.Source