Mentougou pays compensation, Israel and Egypt open fire!

MT GOX, where is our money?

The Mentougou incident is a small mountain weighing on Bitcoin. Although it cannot cause big waves, it is mentioned every year, and every time it is mentioned, it will cause a short-term decline in Bitcoin.

850,000 bitcoins were stolen from the MTgox exchange. Ten years have passed, and some of them have been recovered and some have been sold.

Today, 12,240 bitcoins were transferred from the Mentougou address to a new address. Currently, 125,654 bitcoins are held. As of the time of writing, they are still being transferred.

In addition, the sudden conflict between Israel and Egypt last night broke the upward channel of Bitcoin and fell by 2,000 US dollars.

Looking at Israel's recent attitude, it seems that barefoot is not afraid of wearing shoes and is invincible.

This local struggle should be difficult to stop, but it should also be difficult to make it too big.

And will the war be the fuse that affects the cryptocurrency market? I don't think it is completely. Compared with the "Russia-Ukraine" incident, this time it is just a minor fight, and Bitcoin was rising in the early stage of the Russia-Ukraine struggle.

Neither of the above two events is a serious negative, so the next time such negative news occurs, it can be considered a short-term opportunity.

Mentougou will not throw all of it into the market at once for compensation, there will be other ways.

In the next few months, the most critical news is only: interest rate cuts, supervision and ETF.

Recently, due to the election of the old American, cryptocurrency has been very strange. It was previously regarded as a marginalized asset, and no one was willing to mention it for fear of price drop. Now it has become a bargaining chip for the presidential election, a means, and has become a hot commodity.

This may be another good news after the ETF is passed.

Some people have discussed in depth that this situation will lead to more centralization of cryptocurrency and deviate from its essence. This matter itself is contradictory. Cryptocurrency needs to continue to climb its influence and gain mainstream recognition, so it is impossible to achieve complete decentralization. 70% of Bitcoin chips are only in the hands of a few companies and individuals. This matter is centralization.

Therefore, in November, before the election, this crypto-currency involution caused by political struggles may turn into outvolution, and new funds will come in with the news of interest rate cuts.

This is a very certain thing. #BTC走势分析