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It's officially the start of the new financial year, and we are back with our fortnightly round-up on all the crypto stories that have made big news over the past few weeks... but before all that, have you heard of the Fear & Greed Index?

Meanwhile, let's talk Mt Gox.

According to a report from Crypto News, Mt. Gox is set to begin distributing repayments in Bitcoin (BTC) and Bitcoin Cash (BCH) this month, July. This development marks a significant step in the long process of compensating users who lost funds during the exchange's demise. The distribution, originally planned for 2019 but delayed due to legal proceedings, will finally see creditors receiving their share of recovered assets, albeit in the form of BTC and BCH rather than fiat currency. This move reflects ongoing efforts to resolve one of the largest and most complicated cases in cryptocurrency history, impacting many stakeholders and highlighting the evolving regulatory landscape surrounding digital assets.

You can get your ears around this too as Tracey, Blake & Craig did the unpack recently on Crypto Curious.

Understanding Market Panic: Lessons from Bitcoin Whales.

In the volatile world of cryptocurrency, market panic can often lead to dramatic price swings. A recent article from Bitcoinist provides a perfect example of how savvy investors, known as "whales," navigate these turbulent times. During recent market panic, Bitcoin whales quietly purchased 439 BTC, taking advantage of lower prices while many retail investors were selling off their holdings in fear.

Key Takeaways for New Investors:

• Market Panic: When prices drop sharply, it’s common for less experienced investors to panic and sell their assets, fearing further losses.
• Whale Strategy: Whales, or large investors, often see these drops as buying opportunities. They accumulate more Bitcoin at discounted prices, anticipating future rebounds.
• Stay Calm and Informed: For new investors, the key lesson is to stay calm and make informed decisions. Panic selling can lead to losses, while strategic buying during dips can be profitable in the long run.

Understanding these dynamics can help you navigate the ups and downs of the crypto market more effectively. Remember, the strategies employed by seasoned investors like whales can provide valuable insights for your own investment approach.

What Does HODL Mean? A Guide for New Crypto Investors.

For those new to the world of cryptocurrency, the term "HODL" might sound a bit strange, but given the current drop in the market, it's the perfect time to acquaint yourself. "HODL" is a slang term that originated from a misspelled word "hold" and has since become a mantra for crypto enthusiasts. It means to hold onto your cryptocurrency investments rather than selling them, especially during times of market volatility.

Key Takeaways for New Investors:

• HODL Origin: The term emerged from a 2013 Bitcoin forum post where a user typed "HODL" instead of "hold" during a price crash, expressing the intention to keep their investment despite the downturn.
• Long-Term Strategy: HODLing is about maintaining a long-term perspective on your investments, ignoring short-term market fluctuations and focusing on the potential future value.
• Avoid Panic Selling: By adopting the HODL mindset, investors can avoid the common pitfall of panic selling during market dips, which often leads to realizing losses rather than benefiting from future gains.

Embracing the HODL strategy can help new investors navigate the often-turbulent crypto market with a focus on long-term growth rather than short-term gains.

More ‘lingo’ you say? Here you go!

And something for the advanced Crypto Curious amongst you.

Last week on Crypto Curious we are joined by special guest Jeff Yew of Monochrome Corporation. Monochrome is Australia's first and only ETF to hold bitcoin directly, recently authorised under ASIC’s retail crypto-asset licensing category. Jeff has been involved in the crypto-asset markets since 2013, and we're thrilled to have him on the show.