Genesis Trading Financial News
17.11 / 17:33
Tether
USDT
community
Genesis Trading
crypto experts
Tether Says It Had No Exposure to Genesis Global and Gemini Earn, Crypto Experts Are Doubtful
Tether, the issuer of the major stablecoin USDT, denied having exposure to either Genesis Global Capital or Gemini Earn. Some, however, wonder how it is possible for such a large company not to be affected by any of the massive events that shook the crypto space this year.
16.11 / 19:47
markets
Grayscale
Genesis Trading
Bitcoin
Bitcoin Price
Bitcoin price dips to $16.4K over Genesis woes as execs defend GBTC
Bitcoin (BTC) fell to intraday lows after the Nov. 16 Wall Street open as the FTX scandal appeared to claim another victim.
11.11 / 05:59
Ethereum
cryptocurrency
Bitcoin price today
crypto prices
Genesis Trading
Top Cryptocurrency Prices Today November 11: Bitcoin up 3%, Ethereum jumps 9%; Dogecoin top gainer
Major cryptocurrencies were trading in the green early on November 11 as the global crypto market cap increased 7.58 percent to $869.62 billion, over the last day. On the other hand, the total crypto market volume dropped 23.74 percent to $144.29 billion over the last 24 hours.
11.11 / 04:29
business
Tether
coinbase
Kraken
Genesis Trading
Genesis Trading reveals $175M of funds are locked in FTX
In what it hails as an effort to be transparent, Digital Currency Group’s market maker and lending subsidiary, Genesis Trading, revealed that its derivatives business has around $175 million worth of funds locked away in an FTX trading account.
18.08 / 10:57
cryptocurrency
crypto news
cryptos
Genesis Trading
Broker
Crypto Broker Genesis Cuts Jobs By 20%, Taps Insider As Interim Chief
Crypto broker Genesis taps insider as interim chief, cuts jobs by 20%
17.08 / 20:25
business
Volatility
Genesis Trading
Another crypto CEO steps down as Genesis Trading restructures leadership
Michael Moro, CEO of Digital Currency Group’s market maker and lending subsidiary Genesis Trading, has become the latest executive to step down from a leadership role at a crypto company amid the market downturn.
17.08 / 00:33
UPS
Provident
Kraken
Genesis Trading
banking system
U.S. Fed Opens The Door For Crypto Banks To Enter Traditional Banking System
The U.S. Federal Reserve has announced its final guideline that might allow crypto banks to enter the banking system. The central bank will set up a three-tiered system for determining whether financial institutions have access.
01.08 / 17:25
markets
Ethereum
Ethereum 2.0
proof-of-work
Genesis Trading
Ethereum futures backwardation hints at 30% 'airdrop rally' ahead of the Merge
Ether (ETH) bulls like a positive spread between its spot and ETH futures prices because the so-called contango reflects optimism about a higher rate in the future. But as of Aug. 1, the Ethereum futures curve slid in the opposite direction.
06.05 / 14:45
Ethereum
Federal Reserve
Genesis Trading
Bitcoin
Bitcoin Extends Sell-Off Despite Luna Buying, Strong On-Chain Data
Bitcoin (BTC) and other major cryptoassets fell sharply over the past day, as stock markets around the world reversed earlier gains to losses after the US Federal Reserve (Fed) raised rates by 50 basis points. The sharp fall came despite massive bitcoin buying by Luna Foundation Guard (LFG).
05.05 / 19:37
Stablecoin
Investments
Genesis Trading
Terra
Bitcoin
Reserve
acquires
Luna Foundation Guard acquires additional 37,863 BTC as part of reserve strategy
Luna Foundation Guard (LFG), a Singapore-based nonprofit tied to the Terra Luna ecosystem, has raised another $1.5 billion to further expand its already hefty Bitcoin (BTC) reserves.
24.02 / 13:13
UPS
Provident
Digital
Huobi
Genesis Trading
Solana-based Decentralized Exchange Slope Finance Raises $8M in Series A funding
Solana-community based decentralized exchange Slope Finance announced to complete the rasing of $8,000,000 in Series A funding, co-led by Solana Ventures and Jump Crypto.
19.01 / 09:08
Bitcoin news
bitcoin investment
Genesis Trading
Bitcoin
Bitcoin Price
Bitcoin investors dig in for long haul in 'staggering' shift
bitcoin heads into 2022, a growing cohort of long-term investors is doubling down on its stashes of the cryptocurrency, hoping a December dip was merely a festive blip. Some industry watchers point to the underlying stability of such long-term investments as potentially promising indicators for the capricious cryptocurrency. Since last July, for example, the amount of bitcoin held in digital wallets with no outflows for more than five months has been steadily increasing, according to digital currency brokerage Genesis Trading.
18.01 / 06:57
cryptocurrency
World News
Genesis Trading
Bitcoin
Bitcoin investors dig in for long haul in 'staggering' shift
Some industry watchers point to the underlying stability of such long-term investments as potentially promising indicators for the capricious cryptocurrency.
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