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Omer Taha Cetin - 1 that's - 1 Disbursements - 1 bitcoin - 1 Gox - 1 — - 1 John Glover - 1 Glover - 1
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2 mentions found


☆ Collapsed bitcoin exchange Mt. Gox is about to unload $9 billion of coins onto the market. Here's what it means
  + stars: | 2024-07-01 | by ( Mackenzie Sigalos Ryan Browne | Mackenzie Sigalos | Ryan Browne | ) www.cnbc.com   time to read: +8 min
In a few days, bankrupt Tokyo-based bitcoin exchange Mt. Disbursements will be in a mix of bitcoin and bitcoin cash, an early offshoot of the original cryptocurrency. Gox — short for "Magic: The Gathering Online Exchange" — was once the largest spot bitcoin exchange globally, claiming to handle around 80% of all global dollar trades for bitcoin. Gox users would likely translate to huge sales in bitcoin as investors look to lock in gains. Vijay Ayyar, head of consumer growth for Asia-Pacific at crypto exchange Gemini, said that the overall impact of the Mt.
Persons: Omer Taha Cetin, that's, Disbursements, bitcoin, Gox, —, John Glover, Glover, James Butterfill, bitcoin's, Gemini, Lennix Lai, Butterfill, Bitcoin, Jacob Joseph, Joseph, Alex Thorn, Thorn, Vijay Ayyar, Gox disbursement, Ayyar Organizations: Anadolu, Getty, CNBC, bitcoin, Barclays, CoinShares, Gemini, JPMorgan, Arkham Intelligence, Analysts, U.S . Securities, Exchange, Federal Reserve Locations: Tokyo, Gox, Mt, bitcoin, Asia, Pacific
☆ Binance continues to get more popular with Sam Bankman-Fried's FTX out of the picture, despite increased regulatory scrutiny
  + stars: | 2023-03-08 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +2 min
Binance is extending its dominance in crypto trading since FTX collapsed in November. Its market share grew to 61.8% in February from 59.4% in January, CryptoCompare data showed. According to data from CryptoCompare cited by CoinDesk, Binance increased its market share for the fourth consecutive month in February, growing to 61.8% from 59.4% in January. Coinbase was a distant second with trading volume of $39.9 billion, down 29% from the prior month, and Kraken was third with $19.3 billion, down 11%. Meanwhile, former rival exchange FTX continues to wade through bankruptcy procedures and is effectively out of the picture as far as competition.
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