Craig Wright Claims to Own Mt Gox's Bitcoins

Self-called Bitcoin creators now claims to own large amount of Bitcoins
27 February 2018   1002

Craig Wright, famous as a man who tried to convince the public that he is the legendary creator of Bitcoin Satoshi Nakamoto, now claims that he owns the bitcoin-addresses of the bankrupt Mt Gox stock exchange. This is reported by the Trustnodes.

Court Materials
Court Materials

According to court materials, the only confirmation of Wright's version are his own words.

Court Materials, pt.2
Court Materials, pt.2 

The addresses are given in two annexes to the materials that are of greatest interest.
At the address specified by Wright, starting at 12hR, in 2011, 334,587 BTC was transferred. The transfer came from one of the addresses of Mt Gox. Affiliation of the address was established in 2014, when the detectives tried to prove that there were about 200,000 BTC remaining on the accounts of the exchange. Later, Mt Gox admitted that this money was at the disposal of the bankruptcy estate manager.

BTC Address 12h
BTC Address 12h

The second address, beginning with 12C, received transfers from the address 1AY ... indicated in the number of 424 addresses as evidence of the solvency of the exchange. The affiliation of this address to Mt Gox has also been confirmed.

BTC Address 12c
BTC Address 12c

As for the address of 1933 ..., Wright claims that he was transferred to a confidential possession of an unnamed person. This address is also known to investigators, since it received remittances from one of the four addresses on which Mt Gox held 50,000 BTC. In 2014, these funds were passed through a series of purses to hide their further movement.

BTC Address 1933
BTC Address 1933 

Thus, given Wright's questionable reputation and the lack of evidence, we can assume that these addresses belong to Mt Gox, even if bankrupt.

BTC Volatility to Fall by 98% in a Year

Analyst believe that low volatility indicates a decline in speculative trading 
18 January 2019   89

Since January last year, the first cryptocurrency volatility has decreased by 98%. So, if on January 16, 2018, it was $ 3,468, then a year later - only $ 61, CoinDesk reports.

Note, the daily volatility over the past year decreased from 9.1% to 3.6%, although on December 16, 2018 was about 26%.

In absolute terms, the maximum daily volatility in the first quarter was $ 973, and in the following: $ 345, $ 245 and $ 195, respectively.

At the beginning of 2019, this figure also did not exceed $ 200, and on January 12 it reached a minimum value of $ 45.17.

Analyst stressed that low volatility indicates a decline in speculative trading and an approach to a sharp price movement.

In his opinion, Bitcoin will soon leave the range of $ 3,500- $ 3,700 in favor of the bears. At the moment, the first cryptocurrency is trading at around $ 3,590.