Bitcoin Price Jumps as $2 Billion in Mt. Gox Repayment Funds Moved
Mt. Gox's Bitcoin billions are on the move again—and the leading cryptocurrency's price is on the rise. Blockchain data tracking firm Arkham Intelligence on Tuesday flagged on-chain movements from a crypto address that had received over $2 billion in Bitcoin from the collapsed exchange. The address, Arkham said, had initiated test transactions ahead of expected repayments to affected users—and then the entire balance of over 33,000 BTC (worth $2 billion at the current price) was moved to another...