Tagged: genesis

Bitcoin Bounce is Due to these Reasons: Crypto Analyst

Bitcoin, the world’s most popular crypto, is always a bit of a roller-coaster ride. Rocketing higher one week, only to tank the next, Bitcoin is not an asset for the faint of heart. Recently, Bitcoin hit an all-time high of almost $69,000. Within a few… Read More

Don’t Panic: Recent Bitcoin Price Movement Boring Part of Longer Bull: Analyst

While there is plenty of speculation as to why Bitcoin’s recent sideways movement has been happening, it is most likely a simple break in a continued bull market, Genesis head of market insights Noelle Acheson said in a research note this week. With the recent… Read More

Taproot: Noelle Acheson of Genesis Comments on Bitcoin Upgrade

Bitcoin has just completed a soft fork upgrade to the network labeled Taproot. As has been widely reported, Bitcoin will now benefit from an improved ability to incorporate smart contracts and improved privacy of transactions (Schnorr Signatures). Bitcoin, which is pushing new all-time highs (probably… Read More

Facebook Meta Rebrand Reveals Cryptocurrency Investor Sophistication

Facebook’s recent rebranding to Meta (NASD:FB) provides some interesting lessons for cryptocurrency investors, an industry analyst suggests. Genesis’ head of markets Noelle Acheson said Facebook’s pivot to acting as a metaverse company produced an immediate spike in the value of some metaverse platform tokens. MANA,… Read More

Ethereum ETF Fans Should Cool Their Jets: Analyst

While some believe the recent approval of a Bitcoin futures ETF means a similar product for Ethereum is on its way, don’t hold your breath, one analyst predicts. Genesis’ head of market insights Noelle Acheson said the assumptions of a pending approval for an Ethereum… Read More

Low Code and No Code Platform Genesis Introduces Development Environment for Creating Apps for Financial Markets

Genesis, the low-code/no-code platform developed specifically for financial markets, has confirmed the beta launch of Genesis Studio, which is a full-stack no-code builder tool, along with the Genesis Academy pilot education program. Genesis Studio is described as a full-stack no-code development environment for creating real-time… Read More

Will We See a Bitcoin ETF This Year? Maybe…

Recently, SEC Chairman Gary Gensler voiced his opinion that a Bitcoin ETF may provide sufficient investor protection for a fund to move forward with the regulatory process. More specifically, Gensler appeared to support Bitcoin Futures ETFs – and not spot-priced funds. Gensler has long stated… Read More

Chinese Crypto Ban Has Positive Outcomes

While China’s ban on cryptocurrency transactions has had a measurable effect on the markets, it’s not a death knell by any means, one industry watcher said. Earlier this month the People’s Bank of China said all virtual currency-related business activities were illegal, claiming it would… Read More

Genesis Global Capital Completes OTC Block Trade of BTIC

Genesis Global Capital, a part of Genesis, a digital asset industry participant and provider of digital currency prime brokerage services, this week announced it has executed the first-ever OTC block trade of a BTIC (Basis Trade at Index Close) transaction on CME Bitcoin futures with Akuna… Read More

Ondo Finance Secures $4 Million to Bring Programmable DeFi to Investors with Different Risk Preferences

Ondo Finance reveals that it has secured $4 million in capital in order to bring “programmable” DeFi returns to investors with “a wide array” of risk preferences. The equity round has reportedly been led by Pantera Capital along with contributions from Genesis, Digital Currency Group,… Read More

BTC to ETH Shift Among Findings in Genesis Quarterly Crypto Report

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A shift from BTC to ETH are among the findings from digital currency brokerage Genesis’ Q2 2021 Market Observations Report. Strong institutional growth continued throughout the quarter. Loan originations increased almost 700 per cent YoY to an all-time high of $25 billion in Q2 and were… Read More

Citi Makes Strategic Investment in Genesis, a Low Code Application Platform for the Financial Markets

Stephen Murphy, CEO at Genesis, a leading Low Code Application Platform (LCAP) and solution provider for the financial markets, has confirmed that his company has received a “strategic” investment from Citi (NYSE:C). The capital will be used to accelerate the growth of the company’s operations… Read More

Digital Currency Trading & Lending Platform Genesis Collaborates With Luno to Create Alternative Savings Products

Genesis, a digital currency trading and lending platform, announced on Thursday it has teamed up with cryptocurrency exchange Luno to enable interest-bearing products customized for the Luno community as well as provide Luno customers with access to earn interest on their crypto holdings. Genesis further… Read More

Digital Currency Group, Parent of Genesis, Commits $25 Million to Circle

Circle, a digital asset ecosystem that is focusing on stablecoins, has received a $25 million investment from the Digital Currency Group – parent of Genesis. Once more of a crypto-exchange, Circle has pivoted a bit to service other sectors of digital assets. In Q2 of… Read More

Circle Teams Up With Genesis to Advance Adoption of Stablecoins in Mainstream Finance

Global fintech Circle announced on Thursday it has joined forces with digital asset prime brokerage firm Genesis to accelerate the adoption and acceptance of digital dollar stablecoins in mainstream finance. According to Circle and Genesis, the partnership includes a $25 million investment of capital into Circle… Read More

Digital Currency Trading & Lending Platform Genesis Unveils Derivatives Trading Desk

Genesis, a digital currency trading and lending platform, announced on Thursday it has launched a derivatives trading desk. The company reported that offering expands its suite of digital asset trading, institutional lending, custody, and prime services. According to Genesis, the Genesis trading desk will be… Read More

Digital Currency Trading & Lending Platform Genesis Acquires Institutional Custodian Vo1t

Genesis, a digital currency trading and lending platform, recently announced it has acquired Vo1t, an insured digital institutional custody service. Genesis reported that the acquisition will supplement its current services, which include global over-the-counter trading and institutional lending. The acquisition will also enable Genesis to… Read More

Fintech Open Source Foundation Adds New Members: Adaptive Financial Consulting, genesis, Itaú Unibanco, Brazil’s Largest Bank

The Fintech Open Source Foundation (FINOS) revealed on May 6, 2020, that it added three newly established financial services and technology firms to its team – which includes major financial institutions, Fintech service providers, and several consulting companies. The three new Silver members include Adaptive,… Read More

genesis, a Global Financial Markets Software Firm, Secures $1.8 Million in Funding in Round Led by Illuminate Financial Management

genesis, a global financial markets software company, revealed on December 18 that it had finalized its second funding round by acquiring $1.8 million of capital. The firm’s round was led by Illuminate Financial Management, a UK-headquartered capital markets VC company and Tribeca Early Stage Partners,… Read More

Report: Former Wall Street Traders Warn of Crypto Lending Bubble

The availability of cheap, cryptocurrency-collateralized loans is growing unsustainably and could induce a crisis, two former Wall Street traders now working in crypto lending have told Bloomberg. According to the outlet, the crypto-collateralized loan industry is a relatively new one that mostly emerged in the… Read More

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