The events that happened to Mt. Gox have plagued Bitcoin and the Bitcoin price for a long time now. Some time after the exchange closed down, a massive Bitcoin selling begun from a Mt. Gox trustee. The last time we wrote about this was in the end of April of 2018. Then it was reported that the Mt. Gox trustee was selling another 17,000 Bitcoin and this caused Bitcoin’s prices to go down. Well, there is great news for Bitcoin price: Mt. Gox is entering civil rehabilitation procedures and the selling will stop. This is great news for Bitcoin and Bitcoin investors, because Bitcoin price will go up with less resistance now. But there is also bad news, that every cryptocurrency enthusiast and Bitcoin investor should consider.
Read more on CoinStaker.com
