CryptocurrencyCrypto Lender Genesis Contagion Continues - Bitcoin Magazine

Crypto Lender Genesis Contagion Continues – Bitcoin Magazine


Bitcoin Magazine Pro Banner

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

Genesis Looks For Liquidity Injection

If you don’t know about Genesis Trading perhaps you should. They represent the backbone infrastructure of the institutional investor base in the bitcoin and broader crypto markets. For lending, trading, hedging, exchange yields and more, Genesis Trading was the brokerage to facilitate all of this activity in the space. Remember those juicy yields from the BlockFi and Gemini Earn products in the space? Genesis is the middleman between those platforms and hedge funds to generate that yield.





Original Source Link

Latest News

How FTX’s Sam Bankman-Fried went from crypto king to convicted conman

Samuel Bankman-Fried's poster in downtown San Francisco.MacKenzie Sigalos | CNBCTwo years ago, Sam Bankman-Fried was a 30-year-old multibillionaire...

BlackRock CEO Larry Fink Says He's "Very Bullish On The Long Term Viability of Bitcoin"

BlackRock CEO Larry Fink has made bullish remarks about Bitcoin today on Fox Business, stating that their spot...

Oregon’s governor signs right-to-repair law that bans ‘parts pairing’

Oregon Governor Tina Kotek has now signed one of the strongest US right-to-repair bills into law after it...

Baltimore Bridge Disaster Clean-up Slowed Thanks to Dredge Act Protectionism

The collapse of the Francis Scott Key Bridge figures to snarl traffic around Baltimore, but the bigger problem...

Must Read

- Advertisement -

You might also likeRELATED
Recommended to you