Pods
Base
Unchained
2024-06-28
Why the Mt. Gox Repayments May Not Hurt the Bitcoin Price Much
Host
Laura Shin
Guest
Alex Thorn
43:47
5 Collected

🏆 Leaderboard

🐳Top #1
🐬Top #2
🐠Top #3
🦄First Collector
🐢Most Recent
Unchained logo

Unchained

from Loading...

Base
Token#22
First collect3 months ago
Most recent collect3 months ago
Unique collectors5 (100%)
Total collected5
About the episode

Ten and a half years after filing for bankruptcy, Mt. Gox is finally set to disburse 142,000 Bitcoin worth nearly $9 billion to creditors between July and October.
Market concern has been growing over the potential impact on Bitcoin prices, but Alex Thorn, head of research at Galaxy, explains why only a small fraction of those bitcoins will be sold. He also discusses the implications of this redistribution on the market, the potential success of Ethereum ETFs, and the chances of a Solana ETF approval.

Share & Earn
Earn ETH on every mint that uses your referral link
On the web
More from UnchainedView All