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Podcast: Unchained
Episode: Why the Mt. Gox Repayments May Not Hurt the Bitcoin Price Much
Description: Ten and a half years after filing for bankruptcy, Mt. Gox is finally set to disburse 142,000 Bitcoin worth nearly $9 billion to creditors between July and October. Market concern has been growing over the potential impact on Bitcoin prices, but Alex Thorn, head of research at Galaxy, explains why only a small fraction of those bitcoins will be sold. He also discusses the implications of this redistribution on the market, the potential success of Ethereum ETFs, and the chances of a Solana ETF approval.Show highlights:
00:00 Intro
02:04 Why Alex estimates the amount of bitcoins that c...