Analyst predicts limited impact from Mt. Gox Bitcoin distribution amid market slide

Assad Jafri

Galaxy’s head of research, Alex Thorn, believes the impending distribution of more than 140,000 Bitcoin (BTC) from the defunct Mt. Gox exchange will have a less severe market impact than anticipated. Thorn said his research shows that the selling will mostly come from individual creditors, who are receiving less than half of the total 140,000 […]

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Analyst predicts limited impact from Mt. Gox Bitcoin distribution amid market slide