Default featured image

Bitcoin Price at Mt. Gox Making a Comeback

Avatar Jayanand Sagar 5 years ago

Mt. Gox Comeback 14 FEB 2014

Have you taken a look at the charts this morning? If you’ve looked in the last hour or so, you’ll notice that the price of bitcoin at Mt. Gox is seemingly making a comeback.

In the past three hours alone the price per bitcoin at the exchange is up over 20 percent, following news that withdrawals have resumed at the Bitstamp exchange after some downtime due to a DDOS attack at a number of exchanges.

“I expect even Gox will be processing withdrawals soon,” said Blockchain.info Chief Security Officer Andreas Antonopoulos in a tweet Friday morning.

The rate per bitcoin is pegged at about $457 on the Tokyo-based exchange at the time of this writing. That’s up from a 24-hour low of $302. No telling on whether or not this will keep up.

“The will be back soon than people expect,” said Antonopoulos in another tweet. “They communicated poorly and had a very messy implementation, but will recover fast”.

It’s unclear just when Mt. Gox will resume withdrawal operations, and the company has not surprisingly neglected to respond to inquires from newsBTC on the matter.

We’ll have more information on that as it becomes available, of course.

Tags: Play BTC Games, ETH Games, USDT Games, BCH Games, LTC Games
Nexo

Instant loans by local bank transfer using your crypto as collateral without selling it. Earn up to 6.5% interest per year on your Stablecoins & EUR.

Ad
KuCoin

Kucoin is the most trusted crypto exchange with 200 tokens.

Ad
Show comments