Genesis-labelled address moves $720M BTC to Coinbase, pointing to start of asset liquidations
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin blasts past $72,000 as Trump, Treasury buybacks wipe out $3.1B in shorts
Bitcoin surged above $70,000 for the first time since June as falling Treasury yields and Washington’s crypto push crushed bearish...
Multicoin Capital moves millions in HYPE to Coinbase Prime, raising sell pressure questions
Multicoin's large HYPE transfers to Coinbase Prime may signal risk management or potential market impact, affecting investor senti...
Crypto short liquidations surge past $2B in 24 hours as bears get obliterated
The massive short liquidations highlight the volatility and risk in crypto markets, potentially deterring bearish bets and affecti...
Bitcoin Rockets Past $72,000 After Trump Pushes For Clarity Act
Bitcoin Magazine Bitcoin Rockets Past $72,000 After Trump Pushes For Clarity Act Bitcoin’s price surged further on Thursday, blowi...
Nearly 1 in 5 crypto spot trades now happen on DEXs as centralized exchange volume collapses
Centralized crypto exchanges lost 31.2% of their spot crypto trading volume in July, falling to $727 billion and marking the lowes...
SEC Crypto Proposal Offers New Paths for Crypto Asset Issuers
SEC Crypto News: The Securities and Exchange Commission proposed Regulation Crypto Assets, a framework that would allow eligible p...