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The recent Mt. Gox repayment announcement and its impact on the Bitcoin price have been closely watched by the cryptocurrency community. Mt. Gox was a major Bitcoin exchange that filed for bankruptcy in 2014 after losing hundreds of thousands of Bitcoins in a hacking incident. Recently, the trustee handling the case announced that creditors of Mt. Gox will finally start receiving repayments after a long legal process. This news has led to speculation and mixed reactions in the market, with some believing that the repayments could lead to a sell-off of Bitcoins by creditors, putting downward pressure on the price. However, others are optimistic that the repayments could bring more stability and confidence to the market, potentially boosting the price of Bitcoin. Overall, the Mt. Gox repayment announcement is closely monitored as it has the potential to influence the cryptocurrency market in the coming days and weeks. / READ MORE /
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