Mt. Gox Transfers $731 Million in Bitcoin to a New Wallet: Time to Worry?

The total crypto market cap is below $2.5 trillion once again.

More than $80 million has been wagered on a Polymarket market tied to Strategy’s Bitcoin sales, with the outcome now heading to a final dispute process after the company disclosed that it sold 32 BTC before the market’s May 31…

Mt. Gox has transferred 10,422 BTC worth about $739 million in its first on-chain bitcoin movement since March, raising concerns among market watchers. Arkham Intelligence data shows the defunct exchange moved 10,306 BTC, valued at roughly $730.8 million, from its…

Charles Schwab targets mid-2027 crypto spot trading and custody for advisors after launching BTC and ETH trading for retail clients.

The S&P 500 climbed 0.26% to a record close of 7,599.96, opening the month with fresh all-time highs across major U.S. indexes, even as bitcoin slipped and trailed the equity rally. Tech Leads Indexes to Fresh Records U.S. equities began June on a solid note, as the S&P 500 rose 0.26% to close at an […]

Bitcoin ETFs have recorded $3.45 billion in net outflows across 11 consecutive trading sessions after another $483.8 million left the funds on Monday, as investors reacted to geopolitical tensions and renewed selling pressure in the crypto market. According to data…

This significant transfer may impact Bitcoin market dynamics, influencing investor sentiment and potentially affecting cryptocurrency prices. The post Mt. Gox transfers $731M in Bitcoin to new wallet as market eyes $70K support appeared first on Crypto Briefing.