[Lunch Briefing] Mt. Gox Extends Bitcoin Redemption Deadline by 1 Year… “Easing Selling Pressure Concerns”

Major virtual assets are on the rise.

At 1:24 pm on the 14th, BTC recorded 86,575,000 won, up 3.01% from the previous day at Bithumb. ETH rose 3.36% to 3,414,000 won, BNB rose 2.22% to 783,000 won, SOL rose 4.64% to 2,054,000 won, and XRP rose 1.4% to 724 won.



The international market is also on the rise. At the same time, BTC recorded $64,223.98, up 2.29% from the previous day on CoinMarketCap. ETH rose 2.96% to $2,532.78, BNB rose 1.21% to $580.99, SOL rose 4.56% to $152.23, and XRP traded at $0.5371, up 0.08%.

The total market capitalization of virtual assets increased by 1.99% from the previous day to $2.23 trillion (about 3,024.326 trillion won). The Fear and Greed Index of the virtual asset data company Alternative.me fell 2 points from the previous day to 48 points, indicating a 'neutral' state.

The deadline for the repayment of BTC by the bankrupt Japanese virtual asset exchange Mt. Gox has been extended by 1 year.

According to foreign media reports on the 14th, Mt. Gox has recently notified creditors that the deadline for repaying BTC has been changed to October 31 next year. Mt. Gox had planned to start repaying BTC to creditors from last July and complete the repayment by the end of this month. The specific reason for extending the repayment deadline was not disclosed.

The delay in Mt. Gox's BTC repayment has eased concerns about selling pressure on BTC. The amount of BTC that Mt. Gox needs to repay to creditors is about $800 million (about 1.084 trillion won). There were concerns that if creditors who received BTC from Mt. Gox after 10 years rushed to realize their profits, a large amount of selling pressure would be released in the market.

Reporter Kim Jeong-woo

woo@decenter.kr