Mt. Gox Transfers 500 BTC, Raising Hopes for Creditor Repayment: Bitcoin Sell-Off Coming?

The post Mt. Gox Transfers 500 BTC, Raising Hopes for Creditor Repayment: Bitcoin Sell-Off Coming? appeared first on Coinpedia Fintech News The once-notorious crypto exchange Mt. Gox transferred 500 Bitcoin (BTC) (worth about $35.04m) to two unmarked addresses. This unexpected action has sparked intense speculation: is this the first step in repaying creditors, or are we on the brink of a major sell-off? As Bitcoin experienced a 4% drop in its price, speculation rose about the …