Bitcoin Drops As Mt. Gox Starts Repaying Creditors $9 Billion After 10-Year Bankruptcy

[UPDATE] Bitcoin Drops as Mt. Gox Starts Repaying Creditors $9 Billion After 10-Year Bankruptcy

Bitcoin dropped 5.2% to $54,313 due to concerns over Mt. Gox's $8-9 billion Bitcoin repayment and other market sentiments that have contributed to increasing market supply and volatility.


Wall Street Sees Election as Threat to Now-Normal US Economy

Analysts believe the US economy is returning to pre-pandemic norms, but election uncertainties may bring volatility due to potential shifts in economic policies based on electoral results.

Eli Lilly's $3.2 Billion Purchase of Morphic to Enhance Chronic Illness Therapies

Eli Lilly & Co. is acquiring US biopharma company Morphic Holding Inc. for $3.2 billion to advance its experimental therapies for inflammatory bowel disease and other chronic illnesses.

Elon Musk's SpaceX Is Reportedly Harming Local Bird Habitats in Texas

Elon Musk's SpaceX is under scrutiny for its operations at the Starbase facility in Boca Chica, Texas.


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