Market Cap: $3,532,043,383,936
24h Vol: $90,506,682,984
Cryptocurrencies: 24715
Markets: 95953
Cryptocurrencies: 24715
Markets: 95953
Market Cap: $3,532,043,383,936     
24h Vol: $90,506,682,984
CoinGape 2022-11-22 07:20:52

Genesis Facing Both Liquidity And Insolvency Issues, Here’s Why

Genesis Facing Both Liquidity And Insolvency Issues, Here’s Why
Crypto brokerage firm Genesis reduced its fundraising target from $1 billion to $500 million after facing difficulty raising fresh capital. Ram Ahluwalia, CEO of Lumida Wealth Management, believes Genesis is not just facing liquidity issues, but also insolvency. DCG and Grayscale are facing the contagion effect as a result of Genesis. Genesis Facing Liquidity and Insolvency The post Genesis Facing Both Liquidity And Insolvency Issues, Here’s Why appeared first on CoinGape .
esptco-banner img
Latest News

Videos

  • How to Buy LTC with Coinbase?

  • Hardware vs Software Wallets: Which One is Better for You?

  • Top 5 Crypto Exchanges 2022: Best Crypto Exchanges to Work With!

  • How to buy Bitcoin (BTC) from Binance?

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire