Michael Moro – DIGIT INFO

Another crypto CEO steps down as Genesis Trading restructures leadership

DIGIT — Wed, 17 Aug 2022 17:15:00 +0000

Ignite CEO Peng Zhong, MicroStrategy CEO Michael Saylor, and now Genesis Trading CEO Michael Moro — top executives have departed crypto firms or stepped into advisory positions.

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Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse

DIGIT — Wed, 22 Jun 2022 20:51:08 +0000

Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation TPS Capital pitched a GBTC arbitrage opportunity before the company reportedly […]

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Genesis Reports Q2 Crypto Loans Spiked 118% to $1.4 Billion Amid Rising Yield Farming Interest

DIGIT — Wed, 05 Aug 2020 13:15:44 +0000

Genesis Capital said Tuesday that its total number of loans outstanding more than doubled to $1.4 billion for the second quarter to June, up from $649 million three months earlier. The crypto lender, which targets institutional investors and wealthy individuals, added over $2.2 billion in new originations, an increase of 324% year-on-year. Since the launch […]

The post Genesis Reports Q2 Crypto Loans Spiked 118% to $1.4 Billion Amid Rising Yield Farming Interest appeared first on Bitcoin News.

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Bitcoin Lender Genesis Global Issues $2 Billion in Loans During Record Quarter

DIGIT — Thu, 30 Apr 2020 20:51:17 +0000

Genesis Global Trading has reported a 100% jump in new loan originations in the first quarter. The cryptocurrency lender and trading platform added a record $2 billion in new loans in the three months leading to March 2020, up $1 billion from the previous quarter. BTC accounted for 44.8% of the loans and bitcoin cash […]

The post Bitcoin Lender Genesis Global Issues $2 Billion in Loans During Record Quarter appeared first on Bitcoin News.

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Market Outlook: After Crypto Prices Tumble, Observers Weigh in on What’s Next

DIGIT — Thu, 27 Jun 2019 21:30:56 +0000

Bitcoin and a large number of cryptocurrencies experienced a sharp crash after touching new price highs this year. On June 26, the price of bitcoin core (BTC) dropped from $13,850 to under $11,900 in less than an hour. BTC values against the USD continued to spiral on Thursday, dropping to $10,350 before recovering slightly. With […]

The post Market Outlook: After Crypto Prices Tumble, Observers Weigh in on What’s Next appeared first on Bitcoin News.

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Custodial Bitgo Clients Can Now Access Genesis Global’s OTC Pools

DIGIT — Wed, 16 Jan 2019 22:04:13 +0000

On Wednesday, cryptocurrency custodial service Bitgo and over-the-counter (OTC) brokerage house Genesis Global announced a partnership to provide fast and secure trades directly from Genesis’ cold storage solution. Essentially, institutional investors who store their assets with Bitgo will be able to access cryptocurrency quotes in a high-frequency fashion similar to acquiring stocks or equities from […]

The post Custodial Bitgo Clients Can Now Access Genesis Global’s OTC Pools appeared first on Bitcoin News.

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Bitcoin Price Watch: Analysts Remain Mixed About Where Bitcoin Will Go

DIGIT — Fri, 23 Nov 2018 17:48:59 +0000

At press time, the father of cryptocurrency has sunk even lower and is trading for just over $4,200. This is a drop of roughly $200 since our last price piece, meaning that bitcoin has now fallen by roughly $2,000 over the past week. Interestingly, bitcoin ultimately fell to roughly $4,100 during the early morning hours […]

The post Bitcoin Price Watch: Analysts Remain Mixed About Where Bitcoin Will Go appeared first on NullTX.

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Bitcoin Price Watch: Currency Remains at $7,200, Shows More Stability

DIGIT — Sun, 02 Sep 2018 19:30:30 +0000

At press time, the largest cryptocurrency by market cap remains at $7,200, where it has been for nearly 72 hours. However, the price has bumped itself up just enough that $7,300 is likely right around the corner granted bitcoin can keep up this momentum. According to one analyst, bitcoin is exhibiting great maturity, and it’s ... Read more

Bitcoin Price Watch: Currency Shoots Up to $7,500

DIGIT — Sat, 21 Jul 2018 20:58:46 +0000

At press time, bitcoin has reached $7,500, a coveted position according to most analysts. Many believe that $7,500 will lead the path to $8,000, and now that the first figure has been reached, the second will be easy as pie. One source explains that the big number to be concerned about, however, is $7,530, and ... Read more