Mt. Gox and US gov’t could introduce $15B Bitcoin selling pressure Bitcoin’s crabwalk could extend into September as Mt. Gox and the US government threaten to add nearly $15 billion worth of additional selling pressure. Bitcoin’s sluggish momentum could carry over into September as Mt. Gox and the United States government could introduce nearly $15 billion worth of additional selling pressure.

Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits. With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made in July. A combination of bitcoin’s price fluctuations and reduced onchain fees has left miners in a much tighter spot.