As a seasoned analyst with years of experience navigating the ever-evolving crypto market, I find it fascinating to observe these recent developments. BitGo’s distribution of Mt. Gox creditor repayments marks a significant milestone, particularly given my past experiences with similar on-chain movements preceding distributions by other exchanges like Bitstamp and Kraken. It seems we are approaching the end of this chapter in the Mt. Gox saga.
As a seasoned investor with a keen interest in the cryptocurrency market, I’ve witnessed the highs and lows of this dynamic industry. Last week was particularly noteworthy as it brought several significant developments that could shape the future of digital currencies.
- Notably, crypto exchanges Bitstamp and Kraken carried out similar on-chain movements before their distributions. BitGo is likely the last exchange to distribute repayments to creditors.
- At last check Sunday, the two candidates were tied at 49%.
- Spot Bitcoin ETFs saw $32.4 million in cumulative net inflows last week. The products had four green days out of five, with the only daily net outflow reaching $81.4 million on Aug. 14.
- Meanwhile, AI protocol Sahara AI followed closely with a $43 million funding round led by Binance Labs. Sling Money’s Series A funding raised $15 million, while blockchain firm Essential secured $11 million.
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2024-08-18 17:09