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Tag: Genesis Trading

Crypto Contagion Spreads Spreads With BlockFi Liquidity Crisis And GTBC Price Collapse!

There is currently sentiment on Twitter against the next crash candidate in the crypto space. Grayscale Bitcoin Trust (GBTC), the world’s largest cryptocurrency fund, has become caught up in the FTX crypto aftermath. The share price of the $10.5bn GBTC, which owns 3.5% of the world’s bitcoin, has plummeted to a 39% discount to the NAV. Troubled crypto lender BlockFi, GBTC's second-largest shareholder, allegedly prepares for bankruptcy!

COINBASE LAUNCHES OTC TRADING SERVICES FOR INSTITUTIONAL INVESTORS

After the 2017 hype, the crypto markets are still on the bottom. As always after such boom-bust cycles, the...