Midweek Update: Genesis Global Halts Withdrawals
Crypto prices continue their downward slide as major players Genesis Global and BlockFi halt withdrawals in response to the FTX contagion.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Brave New CoinRelated market context
Strategy Sets October 29 Date For Its Next Major Bitcoin Treasury Update
TL;DR: Strategy will report third-quarter 2026 results after US markets close on October 29 and hold a live webinar at 5 p.m. East...
Bitcoin ETFs suffer biggest exodus since June as Ethereum withdrawals hit nine-month high
US spot Bitcoin and Ethereum exchange-traded funds saw their steepest withdrawals in months as the cryptocurrency market continued...
Bitcoin slides toward $80K as crypto long liquidations top $1 billion
Bitcoin fell below $80,000 as crypto liquidations exceeded $1.1 billion, with rising oil prices and Treasury yields adding pressur...
US government moves another $1 billion in Bitcoin as BTC slides $4,000
US government-linked wallets moved over $1 billion in Bitcoin on Oct. 8 as BTC prices fell and more coins reached Coinbase Prime....
Binance ETH reserves hit six-month low as withdrawals surge
The divergence in ETH investor behavior highlights a shift towards self-custody and productive use, contrasting with institutional...
Bitcoin holds near September highs as crypto stock proxies slide
The divergence between Bitcoin and its proxy stocks highlights the risks of leveraged exposure amid rising yields and shifting liq...