Coinbase: Genesis's approval to sell its GBTC will not disrupt the crypto market.
Sep 13, 2024 04:22:51
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ChainCatcher news, cryptocurrency exchange Coinbase predicts that the bankrupt crypto lending company Genesis's approval to sell its Grayscale Bitcoin Trust (GBTC) shares will not disrupt the crypto market. It believes that most of the funds will flow back into the crypto ecosystem, resulting in a neutral impact on the market.
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