Mt Gox

Blog tagged as Mt Gox

A 291 Day First for Bitcoin
Finally, after a tough week for markets, Bitcoin and the rest of the Crypto industry have begun to show some major promise.
09.08.24 03:29 AM - Comment(s)
The Currency Trade That Crashed Global Markets
Our April edition of the Rake Review included an educational piece on the standoff between the US Dollar and the Japanese Yen. Months ago, the Yen was at 30 year highs of 160 with interest rates of 0%. As predicted, an intervention occurred as the Yen was beginning to reach an unsustainable level.

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08.08.24 04:50 AM - Comment(s)
The Rake Review: July 2024
Safe to say July has been a notable month for Cryptocurrency and global events. Bitcoin went through a major sell off before politics took centre stage and assisted with a recovery. It was expected that a change in political sentiment would be positive for Bitcoin, but no one could have expected how...
01.08.24 06:02 AM - Comment(s)
The Spot Ethereum ETF is Here as is Mt Gox’s Repayments
Another big day for cryptocurrency as the Ethereum Spot ETF was launched and eclipsed $1 billion of volume in its first day of trading. However, the net inflows of the ETF was just over $1...
24.07.24 09:09 AM - Comment(s)
Are We Back?
If someone asks what it feels like to be invested in crypto, show them the cover image. It's a perfect depiction of what being invested in cryptocurrency feels like. 

Not too long ago the entire crypto market was in a state of despair with fear being extremely high and Bitcoin looking like i...
16.07.24 07:58 AM - Comment(s)
Bitcoin is Below $60k..... No $55k..... DON'T PANIC
The bulls displayed a valiant effort over the last couple months defending the $60k USD level and not allowing BTC to stay below it. However, it seems as the pressure grew too strong and the dam finally gave in.

The selling pressure grew too much once Mt. Gox had moved test repayments to exchange...
05.07.24 02:31 AM - Comment(s)
The Rake Review: June 2024

Arguably the most impactful six months in Bitcoins’ history has come to a close. The long awaited approval and trading of the Spot Bitcoin ETF occurred within the first fortnight of the year. This momentum propelled BTC to new all time highs of $73,737.94 prior to the fourth Bitcoin Halving (the fir...

27.06.24 08:39 AM - Comment(s)

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