“The impact on bitcoin’s price from Mt. Gox distributing Bitcoin is likely overblown,” Sam Callahan, senior analyst at Swan Bitcoin, said in a Tuesday email to CoinDesk. “Creditors who wanted to sell their bitcoin have now had more than 10 years to do so through selling their bankruptcy claims to more convicted, long-term investors.
ABOUT AUTHOR
CATEGORIES
- LUNC News: Terra Luna Classic Core Dev Reveals Major Update on Tax2Gas
- EFCC Opposes Bail as Detained Binance Exec Seeks Medical Care in Nigerian Money Laundering Trial
- XRP Unexpected Price Drop Wipes Millions in Volume
- Top Altcoins To Buy For 100% Upside In Short-term!
- TON Down 14% as Telegram CEO Pavel Durov Arrested in France
- Cardano (ADA) Price Reaches Crucial Bull Point: Details
- Telegram CEO Pavel Durov Arrested at Paris Airport; TON Coin Dips 17%