🥊 ALERT! ⚡ #BITCOIN #FLASH_CRASH!
⚡ Over $170 billion wiped off #cryptocurrencies as market tanks on Mt. Gox #bitcoin payout fears.
HOW DO WE KNOW its a Flash Crash?? BY JUST THIS ONE (1) COMMENT ALONE
"The slump in #crypto_prices led to #hefty_liquidations in the #derivatives_markets." 📈
Also see #White_Collar #Criminologist #Bill_Black below.
#BITCOIN?? JUST ANOTHER #SH*T_COIN. You all JUST GOT ROBBED AND YOU DONT EVEN KNOW IT!
AKA #FOOLS_GOLD DUE TO a #FLASH_CRASH USING #stolen #HFT_SOFTWARE #WITHOUT #AUTHOR_CONSENT!
#Cryptocurrencies plunged on Friday as investors focused on the payout of nearly $9 billion to users of #collapsed_bitcoin_exchange #Mt_Gox.
As of 10:50 a.m. #London time, bitcoin’s price #slumped nearly 6% in 24 hours to hit $54,500.53, marking the first time it’s traded below the $55,000 level since Feb. 27, according to data from CoinGecko.
Rival token ether sank around 9% to $2,872.10.
Altogether, the entire cryptocurrency market has shed more than $170 #billion in combined market capitalization in the last 24 #hours? according to CoinGecko data.
On Friday, the trustee for the Mt. Gox bankruptcy estate, Nobuaki Kobayashi, said in a statement that it had begun making repayments in bitcoin and bitcoin cash to some of the creditors through a number of designated crypto exchanges.
Mt. Gox’s trustee didn’t specify how much money had been transferred to these exchanges.
He noted that the remaining funds would be returned to creditors once a series of conditions is met, including confirming the validity of registered accounts and completing discussions between the trustee and the designated crypto exchanges.
Recently, the world’s largest cryptocurrency has been pressured by news of collapsed bitcoin exchange Mt. Gox preparing the distribution of around $9 billion worth of coins to users.
This dumping of coins onto the market is expected to lead to some significant selling action.
The slump in crypto prices led to hefty liquidations in the derivatives markets, according to crypto data firm Coinglass, which suggests that 229,755 traders had their positions worth a combined $639.58 million liquidated in the past 24 hours. Of this sum, $540.46 million represented long trades — financial positions taken when an investor expects the price of an asset to appreciate over the long term.
https://www.banglanews24.com/english/technology/news/bd/150742.details
#White_Collar #Criminologist #Bill_Black | There is already an enormous problem with high velocity trading. The Securities and Exchange Commission and the Commodity Futures Trading Commission which are supposed to regulate this #DO_NOT HAVE the #COMPUTER_CAPACITY to even #MONITOR WHAT IS HAPPENING IN #REAL_TIME.
#CONCLUSION: #CNBC, #USA #STOCK_EXCHANGE AND #PROXY_ISRAEL ALL #GUILTY OF #THEFT ROBBING YOUR GRANDCHILDREN #FUTURE #BEHIND_THE_SCENES!
📛 DISCLAIMER: We Cover the 'Way' the #News is #COVERED_UP! 👿
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