Coinedition
Mt. Gox transfers 30,000 BTC valued at $2.4 billion amid price surge. Bitcoin surpasses $81,000 as Mt. Gox repayment deadline approaches. Trustees are likely preparing for creditor payouts by October 2025.
Steven Nerayoff calls for SEC Chair Gary Gensler’s immediate resignation. Nerayoff highlights Gensler’s illegal activities and unethical ties with Ripple, the CCP & ETHGate. Gensler was also accused of interfering with the US elections, specifically regarding Trump Media and Overstock.
Ethereum mainnet hits $60 billion in transactions, the highest since July. Renewed interest in Ethereum’s DeFi and NFT ecosystems drives volume. Scalability upgrades are anticipated to boost Ethereum adoption further.
Coinbase and MicroStrategy surge over 18%, ranking among top-traded stocks alongside Tesla and Nvidia. Bitcoin hits $84,687, with a 5.92% daily gain and market dominance climbing to 58.31%. Crypto trading volumes skyrocket as institutional interest grows and retail investors embrace long-term holding strategies.