Mt. Gox’s Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research...

Mt. Gox’s Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns

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Source: Coindesk.com

Mt. Gox creditors recently noted updates on their crypto claims, which may mean payouts may be coming soon. The distribution of over $9 billion worth of BTC could "become a relevant negative price contributor in the next weeks," K33 analysts said.

The crypto market has mostly shrugged off last week's correction,

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The post "Mt. Gox's Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns" appeared first here Coindesk.com.

Source: Coindesk.com

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