State of the Korean Crypto Market
Mt. Gox Repayment: A Catalyst For Long BTC Short BCH Pair Trade?
The Mt. Gox’s Rehabilitation Trustee plans to distribute multi-billion dollars worth of BTCs and BCHs to the Mt. Gox creditors between July 1st and October 31st, 2024. This can create a shift in supply/demand dynamics in BTC and BCH during this 4 months period, potentially opening up a pair trading opportunity.
Daily Market Brief 240725
Lummis To Announce Strategic Bitcoin Reserve in Nashville