PANews reported on October 28th that, according to SoSoValue data, various sectors of the crypto market experienced a slight pullback after a period of continuous growth. The Layer 2 sector led the way with a 4.46% 24-hour decline. Within the sector, Mantle (MNT) fell 5.43%, Zora (ZORA) dropped 7.58%, and Merlin Chain (MERL), which had previously seen significant gains, dropped 16.80%. Additionally, Bitcoin (BTC) fell 0.80%, pulling back to $114,000. Ethereum (ETH) dropped 1.43%, falling below the $4,200 mark. In other sectors, the CeFi sector fell 0.35% in 24 hours, of which Aster (ASTER) fell 8.44%; the PayFi sector fell 0.86%, and Ultima (ULTIMA) was relatively strong, rising 5.36%; the Layer1 sector fell 1.33%, but Hedera (HBAR) rose 6.05%, which may be affected by the expected listing of the HBAR spot ETF on the Nasdaq on Tuesday; the Meme sector fell 2.73%, and within the sector, MemeCore (M) and OFFICIAL TRUMP (TRUMP) rose against the trend by 4.90% and 9.96% respectively; the DeFi sector fell 2.86%, and Uniswap (UNI) fell 4.70%.PANews reported on October 28th that, according to SoSoValue data, various sectors of the crypto market experienced a slight pullback after a period of continuous growth. The Layer 2 sector led the way with a 4.46% 24-hour decline. Within the sector, Mantle (MNT) fell 5.43%, Zora (ZORA) dropped 7.58%, and Merlin Chain (MERL), which had previously seen significant gains, dropped 16.80%. Additionally, Bitcoin (BTC) fell 0.80%, pulling back to $114,000. Ethereum (ETH) dropped 1.43%, falling below the $4,200 mark. In other sectors, the CeFi sector fell 0.35% in 24 hours, of which Aster (ASTER) fell 8.44%; the PayFi sector fell 0.86%, and Ultima (ULTIMA) was relatively strong, rising 5.36%; the Layer1 sector fell 1.33%, but Hedera (HBAR) rose 6.05%, which may be affected by the expected listing of the HBAR spot ETF on the Nasdaq on Tuesday; the Meme sector fell 2.73%, and within the sector, MemeCore (M) and OFFICIAL TRUMP (TRUMP) rose against the trend by 4.90% and 9.96% respectively; the DeFi sector fell 2.86%, and Uniswap (UNI) fell 4.70%.

The crypto sector generally fell back, with the Layer2 sector leading the decline by over 4%.

2025/10/28 10:40

PANews reported on October 28th that, according to SoSoValue data, various sectors of the crypto market experienced a slight pullback after a period of continuous growth. The Layer 2 sector led the way with a 4.46% 24-hour decline. Within the sector, Mantle (MNT) fell 5.43%, Zora (ZORA) dropped 7.58%, and Merlin Chain (MERL), which had previously seen significant gains, dropped 16.80%. Additionally, Bitcoin (BTC) fell 0.80%, pulling back to $114,000. Ethereum (ETH) dropped 1.43%, falling below the $4,200 mark.

In other sectors, the CeFi sector fell 0.35% in 24 hours, of which Aster (ASTER) fell 8.44%; the PayFi sector fell 0.86%, and Ultima (ULTIMA) was relatively strong, rising 5.36%; the Layer1 sector fell 1.33%, but Hedera (HBAR) rose 6.05%, which may be affected by the expected listing of the HBAR spot ETF on the Nasdaq on Tuesday; the Meme sector fell 2.73%, and within the sector, MemeCore (M) and OFFICIAL TRUMP (TRUMP) rose against the trend by 4.90% and 9.96% respectively; the DeFi sector fell 2.86%, and Uniswap (UNI) fell 4.70%.

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The post Mt. Gox moves $936M in Bitcoin after eight-month dormancy appeared on BitcoinEthereumNews.com. Key Takeaways Mt. Gox moved $936 million in Bitcoin after eight months of inactivity. The movement relates to the exchange’s ongoing court-supervised creditor repayment process. Mt. Gox, the defunct crypto exchange, moved $936 million worth of Bitcoin today after remaining dormant for eight months. The transfer involved shifting Bitcoin to a new wallet address, marking the first significant activity from the exchange’s holdings since March. The movement comes as Mt. Gox continues its court-supervised creditor repayment process. The rehabilitation trustee has extended the deadline for creditor reimbursements to allow more time for managing Bitcoin distributions. Mt. Gox has been gradually shifting Bitcoin to new addresses as part of its ongoing efforts to repay creditors. The exchange collapsed in 2014 following a massive hack that resulted in the loss of around 850,000 Bitcoin. The latest wallet activity suggests preparations may be underway for additional creditor payments, though the exchange has not disclosed specific timelines for distributions. Mt. Gox began returning funds to creditors in 2024 after years of legal proceedings. This is a developing story. Source: https://cryptobriefing.com/mt-gox-moves-936m-in-bitcoin-after-eight-month-dormancy/
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BitcoinEthereumNews2025/11/18 12:58