BTC$87,643.07

4.30%

ETH$2,160.52

5.33%

XRP$2.49

1.11%

USDT$1.00

0.01%

BNB$594.80

1.21%

SOL$141.04

5.35%

USDC$1.00

0.00%

ADA$0.85412817

11.70%

DOGE$0.19772413

4.64%

WTRX$0.23812313

2.37%

TRX$0.23769018

2.70%

stETH$2,159.78

5.47%

PI$1.81

7.46%

WBTC$87,319.67

4.57%

LINK$16.44

4.07%

HBAR$0.23491292

5.99%

WSTETH$2,596.99

4.20%

LEO$9.92

0.06%

XLM$0.28917732

3.98%

SUI$2.69

1.45%

AVAX$20.38

7.86%

USDS$1.00

0.14%

BCH$406.75

2.50%

SHIB$0.00001326

1.61%

LTC$101.04

5.52%

TON$2.97

2.15%

WETH$2,164.41

4.68%

DOT$4.43

2.37%

OM$6.70

5.06%

BTCB$87,393.39

4.78%

BTC$87,643.07

4.30%

ETH$2,160.52

5.33%

XRP$2.49

1.11%

USDT$1.00

0.01%

BNB$594.80

1.21%

SOL$141.04

5.35%

USDC$1.00

0.00%

ADA$0.85412817

11.70%

DOGE$0.19772413

4.64%

WTRX$0.23812313

2.37%

TRX$0.23769018

2.70%

stETH$2,159.78

5.47%

PI$1.81

7.46%

WBTC$87,319.67

4.57%

LINK$16.44

4.07%

HBAR$0.23491292

5.99%

WSTETH$2,596.99

4.20%

LEO$9.92

0.06%

XLM$0.28917732

3.98%

SUI$2.69

1.45%

AVAX$20.38

7.86%

USDS$1.00

0.14%

BCH$406.75

2.50%

SHIB$0.00001326

1.61%

LTC$101.04

5.52%

TON$2.97

2.15%

WETH$2,164.41

4.68%

DOT$4.43

2.37%

OM$6.70

5.06%

BTCB$87,393.39

4.78%

Genesis Bankruptcy Jitters Send Bitcoin to Fresh Low

Coindesk

2022/11/22 06:18

Days after its lending unit was forced to halt withdrawals in wake of the collapse of crypto exchange FTX, Genesis Global Trading has mentioned bankruptcy as a potential option as it seeks fresh capital, reports Bloomberg citing people with knowledge of the matter.

The news sent bitcoin (BTC) to fresh two-year low of $15,480. The price has bounced back to $15,650 as of press time.

"We have no plans to file bankruptcy imminently," a Genesis representative told Bloomberg. "Our goal is to resolve the current situation consensually without the need for any bankruptcy filing. Genesis continues to have constructive conversations with creditors."