-
ARS 1,095.90 (+0.28%) -
BTC 63,300.31 (+0.77%) -
ETH 3,088.58 (-1.03%) -
DOGE 0.16 (+5.55%) -
PEPE <0.01 (-1.74%) -
SOL 144.44 (-0.99%) -
WIF 3.34 (+0.42%) -
BOME 0.01 (+3.67%) -
BONK <0.01 (-2.97%) -
FLOKI <0.01 (-2.42%) -
ENA 0.80 (-4.77%) -
XRP 0.53 (-0.47%) -
AVAX 37.48 (+5.02%) -
NEAR 6.85 (+0.32%) -
WLD 5.05 (-1.68%) -
ETHFI 3.86 (-3.14%) -
SUI 1.06 (-2.96%) -
OP 2.85 (-1.04%) -
RNDR 8.99 (+8.47%) -
RUNE 5.21 (-2.45%) -
GLM 0.58 (+25.37%) -
AR 36.25 (+2.14%) -
ORDI 39.43 (-3.10%) -
JTO 3.46 (-4.11%) -
LINK 14.21 (+0.63%) -
ADA 0.46 (-2.82%)
Genesis purchases 21B of Bitcoin following GBTC sell off
Published: 2024-04-06
1. Bankruptcy of Genesis Crypto Lender: Genesis Global Capital,a major cryptocurrency lender,filed for Chapter 11 bankruptcy protection. The company cited volatility in the cryptocurrency market,increased scrutiny from regulators,and clients defaulting on loans as contributing factors to their financial struggles.
2. Bitcoin Purchase by Grayscale: Grayscale Investments,a prominent digital asset management firm,recently added nearly 8,762 Bitcoin to its holdings. This significant purchase demonstrates institutional interest in Bitcoin and confidence in its long-term value despite recent market fluctuations.
3. Implications for the Cryptocurrency Market: Genesis Global Capital's bankruptcy and Grayscale's substantial Bitcoin purchase could have significant implications for the cryptocurrency market. The bankruptcy filing may shake investor confidence in the sector,while Grayscale's acquisition reinforces the narrative of Bitcoin as a reliable store of value in uncertain times.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | ARS |
1,095.90 | 1,520,437,607.40 |
| 2 | BTC |
63,300.31 | 1,501,131,957.73 |
| 3 | ETH |
3,088.58 | 671,055,916.65 |
| 4 | DOGE |
0.16 | 528,762,021.66 |
| 5 | PEPE |
<0.01 | 424,850,243.74 |
| 6 | SOL |
144.44 | 419,796,861.15 |
| 7 | WIF |
3.34 | 210,504,509.14 |
| 8 | BOME |
0.01 | 135,037,410.23 |
| 9 | BONK |
<0.01 | 117,916,467.02 |
| 10 | FLOKI |
<0.01 | 117,664,281.57 |
| 11 | ENA |
0.80 | 94,724,161.33 |
| 12 | XRP |
0.53 | 84,676,211.75 |
| 13 | AVAX |
37.48 | 83,483,680.68 |
| 14 | NEAR |
6.85 | 67,028,769.34 |
| 15 | WLD |
5.05 | 66,535,705.72 |
| 16 | ETHFI |
3.86 | 64,632,303.17 |
| 17 | SUI |
1.06 | 63,519,340.98 |
| 18 | OP |
2.85 | 60,035,404.30 |
| 19 | RNDR |
8.99 | 58,223,637.70 |
| 20 | RUNE |
5.21 | 50,515,764.52 |
| 21 | GLM |
0.58 | 49,423,290.12 |
| 22 | AR |
36.25 | 47,831,529.72 |
| 23 | ORDI |
39.43 | 40,653,943.03 |
| 24 | JTO |
3.46 | 37,662,251.16 |
| 25 | LINK |
14.21 | 33,724,592.17 |
| 26 | ADA |
0.46 | 32,351,666.17 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | GLM |
0.58 | +25.37 |
| 2 |  ONG |
0.61 | +11.94 |
| 3 |  NULS |
0.65 | +10.29 |
| 4 | RNDR |
8.99 | +8.47 |
| 5 |  VANRY |
0.18 | +5.67 |
| 6 | DOGE |
0.16 | +5.55 |
| 7 | AVAX |
37.48 | +5.02 |
| 8 |  POND |
0.02 | +4.31 |
| 9 |  XNO |
1.25 | +4.09 |
| 10 |  SANTOS |
6.37 | +3.88 |
| 11 | BOME |
0.01 | +3.67 |
| 12 |  AI |
1.04 | +3.49 |
| 13 |  LAZIO |
3.09 | +3.49 |
| 14 |  JASMY |
0.02 | +3.22 |
| 15 |  CTXC |
0.32 | +2.99 |
| 16 |  FIO |
0.04 | +2.59 |
| 17 |  FLUX |
0.91 | +2.51 |
| 18 |  LSK |
1.90 | +2.15 |
| 19 | AR |
36.25 | +2.14 |
| 20 |  OAX |
0.22 | +2.04 |
| 21 |  IQ |
<0.01 | +1.99 |
| 22 |  LTO |
0.19 | +1.80 |
| 23 |  VITE |
0.02 | +1.74 |
| 24 |  REQ |
0.13 | +1.73 |
| 25 |  AKRO |
<0.01 | +1.51 |
| 26 |  EPX |
<0.01 | +1.51 |
| 27 |  DATA |
0.06 | +1.45 |
| 28 |  BETA |
0.07 | +1.43 |
| 29 | REZ | 0.19 | +1.38 |
| 30 |  SEI |
0.57 | +1.38 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  VGX |
0.08 | -9.36 |
| 2 |  PHA |
0.19 | -7.10 |
| 3 | W | 0.68 | -6.71 |
| 4 |  RIF |
0.18 | -6.70 |
| 5 |  RPL |
20.39 | -5.82 |
| 6 |  KSM |
28.29 | -5.73 |
| 7 |  OMNI |
18.71 | -5.55 |
| 8 |  VIC |
0.62 | -5.52 |
| 9 |  FIDA |
0.30 | -5.18 |
| 10 |  TNSR |
0.86 | -5.12 |
| 11 |  SSV |
42.93 | -5.09 |
| 12 | ENA |
0.80 | -4.77 |
| 13 |  CFX |
0.22 | -4.68 |
| 14 |  AEVO |
1.39 | -4.59 |
| 15 |  DUSK |
0.33 | -4.44 |
| 16 |  BNX |
0.97 | -4.41 |
| 17 |  IOTX |
0.06 | -4.36 |
| 18 |  COS |
0.01 | -4.36 |
| 19 |  ORN |
1.40 | -4.24 |
| 20 | JTO |
3.46 | -4.11 |
| 21 |  PIXEL |
0.42 | -4.01 |
| 22 |  AGLD |
1.06 | -3.92 |
| 23 |  PORTO |
2.58 | -3.91 |
| 24 |  BLUR |
0.39 | -3.87 |
| 25 |  1000SATS |
<0.01 | -3.86 |
| 26 |  HIFI |
0.82 | -3.80 |
| 27 |  FIRO |
1.61 | -3.71 |
| 28 |  HARD |
0.19 | -3.68 |
| 29 |  PYR |
4.48 | -3.64 |
| 30 |  XEC |
<0.01 | -3.49 |
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