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genesis

Markets Daily Podcast Cover
Crypto Update | What Investors and Accountants Missed in FTX’s Audits (Pt. 1)
With bitcoin falling to a fresh two-year low as crypto traders speculate over the future of Genesis Global, plus a look at some warning signs we missed from FTX’s collapse, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Markets Daily Podcast Cover

CDCROP: Crypto Exchange FTX Grapples With 'Liquidity Crunch' As Binance Deal Fades (Leon Neal/Getty Images)
First Mover Americas: Bitcoin Drops as FTX Fallout Spreads
The latest price moves in crypto markets in context for Nov. 22, 2022.
CDCROP: Crypto Exchange FTX Grapples With 'Liquidity Crunch' As Binance Deal Fades (Leon Neal/Getty Images)

CDCROP: GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)
Genesis Bankruptcy Jitters Send Bitcoin to Fresh Low
The troubled crypto investment bank is in talks with potential investors for at least $1 billion in fresh capital, according to a Bloomberg report.
CDCROP: GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)

CDCROP: Grayscale CEO Michael Sonnenshein
Bernstein Says Grayscale Bitcoin Trust Is Protected From Fallout at Sibling Company Genesis Global
If Genesis is forced to file for bankruptcy, creditors will have no claim on GBTC assets, the report said.
CDCROP: Grayscale CEO Michael Sonnenshein

GBTC has reached a record discount of 42.69% relative to the price of bitcoin (Ycharts)
‘Grayscale Discount’ Widens to Record 43% as FTX Contagion Spreads
The added pressure comes after Genesis Global Capital – a corporate sibling to bitcoin trust manager Grayscale Investments – halted customer withdrawals from its lending unit this week.
GBTC has reached a record discount of 42.69% relative to the price of bitcoin (Ycharts)

CDCROP: Stable Stability Balance (Unsplash)
Bitcoin Holds Steady Over $16K Amid Widening FTX Fallout
Bitcoin has been trading flat this week, even as more companies admit exposure to crypto exchange FTX, which has filed for Chapter 11 bankruptcy protection.
CDCROP: Stable Stability Balance (Unsplash)

(zhuweiyi49/Getty Images, modified by CoinDesk)
Genesis and Gemini Earn Halt Withdrawals as FTX Contagion Spreads
Plus, a look at Apple’s plans to move semiconductor manufacturing onshore.
(zhuweiyi49/Getty Images, modified by CoinDesk)

Bitcoin and most other digital assets declined on Wednesday after crypto financial firm Genesis announced that it was temporarily suspending redemptions and new loan originations. (Source: CoinDesk)
Crypto Market Slides After Genesis Withdrawal Halt, but Big Investors May Hunt for Bargains
Most digital assets traded lower on Wednesday as another crypto firm gets hit by the FTX contagion, although institutional investors may be looking for bargains.
Bitcoin and most other digital assets declined on Wednesday after crypto financial firm Genesis announced that it was temporarily suspending redemptions and new loan originations. (Source: CoinDesk)

(Genesis Trading, modificado por CoinDesk)
B2C2 se ofrece a comprar préstamos de una unidad de Genesis
La rama de préstamos de la empresa financiera de criptomonedas Genesis canceló los retiros en las primeras horas del miércoles por el impacto del colapso de FTX.
(Genesis Trading, modificado por CoinDesk)