Tokyo Bitcoin Whale Strikes Again: Mt. Gox Bankruptcy Trustee to Blame for Latest Bitcoin Price Drop

Reports have emerged that the Mt. Gox bankruptcy trustee, Nobuaki Kobayashi is gearing up for another round of bitcoin selling. According to Blockchain.info, 8,200 BTC was moved from the fund’s cold wallet. In response, the price of bitcoin has dropped below $9,000 over fears the coins may be sold on the online exchange market and not on OTC platforms. Bitcoin Falls Below $9,000 in the Wake of Latest Mt. Gox Selloff Bitcoin has been on

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Goldman Sachs Warns Of Bitcoin Going Under $6000

Goldman Sachs analysts panicked Sunday, March 12 as Bitcoin’s volatility caused them to forecast a return to recent lows below $6000. Goldman Fears ‘Impulsive Decline’ In a note to clients, the global giant’s technical analysis team led by Sheba Jafari pointed the blame at market uncertainty thought to have begun from Mt. Gox trustee Nobuaki Kobayashi’s recent sell-offs. Having broken below $9210 Sunday, ultimately reaching closer to $8400, Bitcoin faced a potential freefall to $5922,

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