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Email Shows Digital Currency Group and Gemini Explored Merger Before Genesis Bankruptcy

In an email found within the motion by Digital Currency Group (DCG) and Barry Silbert to dismiss the lawsuit initiated by the New York Attorney General, discussions of a potential…

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Will Genesis Dump $1.6 Billion Worth of Bitcoin and Ethereum Trust Shares on the Market? Details of the Latest Court Ruling

Genesis Global has been approved by the bankruptcy court to sell around 35 million shares of Grayscale Bitcoin Trust, with an estimated value of $1.3 billion. U.S. Bankruptcy Judge Sean…

Continue ReadingWill Genesis Dump $1.6 Billion Worth of Bitcoin and Ethereum Trust Shares on the Market? Details of the Latest Court Ruling

Report: Genesis Global Cleared to Unload $1.3 Billion in GBTC Shares

Genesis Global Capital has received authorization to offload its stake in Grayscale’s Bitcoin Trust (GBTC), valued at approximately $1.3 billion. Genesis Global Permitted to Liquidate $1.3 Billion in Bitcoin Trust…

Continue ReadingReport: Genesis Global Cleared to Unload $1.3 Billion in GBTC Shares