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2 Jun 2026, 14:17
Mt Gox To Sell BTC Like Strategy? Moves $731M to New Wallet
Mt. Gox moved more than 10,000 Bitcoin to new addresses on Tuesday, renewing market attention on the defunct exchange’s creditor repayment process as Bitcoin traded under pressure. On-chain data from Arkham Intelligence showed that Mt. Gox transferred 10,422.65 BTC, worth about $739 million, from cold storage in a transaction recorded at 04:47 UTC. Most of the transfer went to a newly created address. The transaction sent 10,306.35 BTC, valued near $730.78 million, to an unmarked wallet beginning with 14FEEM. A smaller 116.30 BTC portion, worth about $8.25 million, was routed to a known Mt. Gox hot wallet. The move was recorded in Bitcoin block 952,072 and marked the largest Mt. Gox Bitcoin transfer in months. Arkham data showed the transferred coins remained unspent after the move, and there was no immediate sign that the funds had been sent to a custodian or crypto exchange for sale. Mt. Gox Transfers Bitcoin Before October Deadline The transaction comes ahead of Mt. Gox’s current repayment deadline of October 31, 2026. The deadline was extended by a Tokyo court in October 2025 after earlier delays linked to creditor procedures and processing requirements. Mt. Gox began creditor repayments in mid-2024 through partner exchanges including Kraken and Bitstamp. The rehabilitation process has been watched closely by Bitcoin traders because many creditor coins were originally acquired before the exchange collapsed in 2014. The latest transfer followed a pattern seen in earlier Mt. Gox wallet movements, where large internal transfers took place before creditor distributions. However, Tuesday’s transaction does not confirm that repayments or sales are imminent. On-chain trackers showed the Bitcoin had not yet moved onward to exchange deposit wallets. Arkham also showed that Mt. Gox made another smaller movement around 6:46 UTC, sending 116.3 BTC to another address and a very small amount of Bitcoin to a Bitstamp cold wallet. The exact purpose of those smaller transfers was not immediately clear from the wallet data provided. Creditor Repayments Remain Key Market Concern Mt. Gox still holds about 34,504 BTC, valued near $2.43 billion, across its wallets. The remaining balance makes it one of the largest unresolved Bitcoin holdings connected to a failed crypto exchange. The exchange was once the world’s largest Bitcoin trading venue, processing a large share of global BTC volume before its collapse. Mt. Gox filed for bankruptcy protection after losing about 850,000 BTC in a 2014 hack. Around 19,500 creditors have been involved in the repayment process. Since many of the recovered coins were bought when Bitcoin traded far below current prices, markets continue to monitor whether distributions lead to selling by some recipients. Still, the latest transfer by itself does not show that Mt. Gox plans to sell Bitcoin. The movement may be administrative, connected to repayment preparation, wallet management, or trustee operations. Without coins reaching an exchange or sale venue, the market has no confirmation of disposal. Strategy Sale Adds Context as BTC Weakens The Mt. Gox transfer came shortly after Strategy disclosed its first net Bitcoin reduction in nearly four years. The company sold 32 BTC for about $2.5 million between May 26 and May 31, 2026, at an average price of $77,135 per coin. Strategy said proceeds from the sale would help fund preferred stock dividend payments. The company still holds 843,706 BTC, making the sale a very small portion of its total Bitcoin treasury. The timing placed both Mt. Gox and Strategy in focus as Bitcoin traded near two-month lows. BTC recently slipped below $70,000 after facing ETF outflows, weaker risk appetite, and renewed concerns tied to U.S.-Iran tensions. Market participants are watching whether Mt. Gox coins remain idle, move to repayment partners, or enter exchange wallets. For now, the on-chain data shows a large transfer to a new wallet rather than a confirmed sale.
2 Jun 2026, 14:17
Ripple shares jump 376 percent amid $1.25B IPO plans
🚀 Ripple shares have surged 376 percent on IPO speculation. SBI plans up to $1.25 billion investment in $XRP’s parent when public. Continue Reading: Ripple shares jump 376 percent amid $1.25B IPO plans The post Ripple shares jump 376 percent amid $1.25B IPO plans appeared first on COINTURK NEWS .
2 Jun 2026, 14:17
Microsoft Leading Copilot AI Predicts Massive XRP Price by The End of June 2026
Microsoft Copilot AI is keeping its XRP predicts clean and direct, targeting $3 to $4 by mid-2026 from a current price of $1.26, anchored on 2 catalysts that are both already in motion and require no new developments to start mattering. The simplicity of Copilot’s bull case is actually its strength. Every other XRP prediction in this series has been stacking 5 or 6 variables on top of each other. Copilot is reducing it to 2: ETF inflows returning as institutions re-enter crypto markets, and the CLARITY Act delivering the regulatory certainty the US market has needed for years. Both of those are live stories right now, not future promises. Source: Copilot AI XRP Price Prediction ETF products are already approved and have already shown what they can do to price when flows turn positive. The CLARITY Act cleared the Senate Banking Committee 15-9 in May, with a July 4 White House target, which means the legislative clock is ticking, giving this prediction a hard deadline. The payment adoption and renewed investor confidence framing Copilot is using is the bridge between the institutional catalysts and the retail layer. When regulatory clarity lands, it does not just open institutional doors; it gives retail investors the confidence to position without the overhang of legal risk that suppressed participation for years. That 2-layer demand response, institutions moving first and retail following, is the mechanism that gets XRP from $1.26 to $3 in the timeframe Copilot is calling. Xrp (XRP) 24h 7d 30d 1y All time The bear case is among the most contained in this series. If ETF demand underwhelms or regulatory clarity proves less impactful than the market is pricing, XRP consolidates between $1.00 and $1.50 without a breakout. That is not a collapse, it is a grind, and Copilot is framing it as the minority outcome given where the probability balance sits on CLARITY passage right now. XRP Price Prediction: XRP Just Had Its Worst Weekly Close Since February and the Chart Is Sending a Warning XRP is closing the week at $1.2588, down 5.42% on the week, and this weekly candle is one of the most important pieces of information the chart has printed in months. The current close is pushing below the support zone that has held since February, and the wick structure on this week’s candle suggests sellers were in control from open to close, with no meaningful buyer resistance at any point during the week. The weekly structure from November 2024 is a story this chart has now told in full. The vertical launch from $0.60 to $3.70 in under 8 weeks, the distribution from $3.70 through a series of lower highs, and now the XRP price is sitting at $1.2588, which is dangerously close to the pre-CLARITY breakout zone that first got priced in during late 2024. Losing that zone on a weekly close basis would mean the market has fully unwound the post-settlement premium, which would change the narrative completely. The $1.20 level is the last meaningful weekly support before the chart opens up toward the $0.80 to $1.00 range. It has held as a floor through the February flush and multiple tests since, but the current weekly candle closing at $1.2588 is the closest price it has come to threatening it since February. A weekly close below $1.20 next week would constitute a structural break, invalidating the consolidation base and forcing a re-evaluation of the entire thesis. On the upside, there is a clear sequence that needs to play out for Copilot’s $3 target to become real. Reclaim $1.40 first, which is where the dotted support line on this chart sits and has now become resistance. Then clear $1.60, which is the level that has rejected every recovery attempt since February. Getting above $1.60 on a weekly close is the signal that changes the character of this chart from a declining staircase to something building toward a breakout. LiquidChain Is Catching the Attention of XRP holders: Copilot AI Predicts Its The Next 100x When the market leaders stall, smart money starts looking elsewhere. BTC, ETH, and XRP are all grinding under resistance right now. The catalysts that unlock the next leg up, macro relief, and sustained institutional inflows, have not arrived. Waiting on them means waiting on things you cannot control. Early-stage infrastructure plays exist in a completely different universe. The upside is not priced in yet. A relatively small amount of capital can move the needle significantly. That asymmetry is the entire point. LiquidChain is building something the current multi-chain environment desperately needs. Right now, liquidity across Bitcoin, Ethereum, and Solana sits in isolated silos. Moving between them costs money, takes time, and breaks the user experience. LiquidChain collapses all 3 into a single execution layer. Developers deploy once. Users interact across all 3 ecosystems without ever feeling the seams. The presale is at $0.01454 with just over $700,000 raised. That is not a late entry. That is the ground floor. The risks are real and worth naming. Post-launch adoption, liquidity depth, and execution are all unproven. No early-stage project comes without those question marks. The question is whether the potential justifies the uncertainty. Established assets offer a smoother ride toward a ceiling that is already visible. LiquidChain offers a much earlier seat at a table that has not been set yet. Explore the LiquidChain Presale The post Microsoft Leading Copilot AI Predicts Massive XRP Price by The End of June 2026 appeared first on Cryptonews .
2 Jun 2026, 14:15
Bitwise Appointed Official Asset Issuer for Aave Horizon
BitcoinWorld Bitwise Appointed Official Asset Issuer for Aave Horizon Aave CEO Stani Kulechov has announced that Bitwise has been named the official asset issuer for Aave Horizon, a new institutional-focused lending platform. Under the agreement, Bitwise will manage the USCC tokenized yield fund, which will be rebranded as the Bitwise Crypto Carry Fund. Strategic Partnership Details The collaboration positions Bitwise as a key infrastructure provider within the Aave ecosystem. The Bitwise Crypto Carry Fund is described as a tokenized vehicle designed to generate returns through a market-neutral, crypto-based strategy. This approach aims to deliver consistent yields while minimizing exposure to directional market movements, appealing to institutional investors seeking predictable returns in the volatile digital asset space. Implications for Institutional DeFi Aave Horizon, launched earlier this year, targets institutional participants by offering permissioned lending pools with enhanced compliance features. The integration of Bitwise’s fund into Horizon signals a growing convergence between traditional asset management and decentralized finance. By tokenizing a yield-generating strategy, Bitwise provides a regulated, transparent vehicle that can be seamlessly integrated into blockchain-based lending protocols. What This Means for Investors For institutional investors, the Bitwise Crypto Carry Fund offers a compliant entry point into DeFi yield generation. The fund’s market-neutral strategy reduces the risk of capital depreciation during market downturns, a key concern for risk-averse participants. Additionally, the tokenization of the fund allows for programmatic interaction with Aave Horizon’s smart contracts, enabling automated lending and borrowing operations. Conclusion The appointment of Bitwise as the official asset issuer for Aave Horizon represents a notable step in bridging traditional finance with decentralized lending. As institutional adoption of DeFi accelerates, partnerships like this highlight the growing demand for regulated, transparent, and efficient yield-generating instruments within blockchain ecosystems. FAQs Q1: What is Aave Horizon? Aave Horizon is an institutional lending platform built on the Aave protocol, offering permissioned pools with compliance features for accredited investors and institutions. Q2: What is the Bitwise Crypto Carry Fund? It is a tokenized fund that generates returns through a market-neutral strategy, aiming to provide consistent yields without relying on directional cryptocurrency price movements. Q3: How does this partnership benefit institutional investors? It provides a regulated, tokenized yield fund that can be directly integrated into Aave Horizon’s lending pools, offering institutions a compliant and efficient way to access DeFi yields. This post Bitwise Appointed Official Asset Issuer for Aave Horizon first appeared on BitcoinWorld .
2 Jun 2026, 14:14
HIVE Bitcoin holdings drop by 331 BTC in Q1, reports record $298M revenue
HIVE reduced its Bitcoin holdings to 150 BTC while annual revenue climbed to $297.8 million, driven by growth in mining and AI computing.
2 Jun 2026, 14:10
NY Lawsuit Served a 2011 Bitcoin Wallet — Owner Moves $2.54M to Prove It’s Not Abandoned
A bitcoin wallet, silent since March 27, 2011, moved 35.55 BTC worth approximately $2.54 million on June 2, 2026, not too long after being named as a defendant in a New York court case that claims nearly 3.8 million dormant bitcoins are legally abandoned property. The Move Noah Doe Likely Did Not Expect Galaxy Research
