Crypto Stocks Skid in Morning Trading, with Coinbase Slipping 8.4%

Tiger Newspress2022-11-16

Crypto stocks skid in morning trading, with Coinbase slipping 8.4%.

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Comments

  • Tanyl
    2022-11-17
    Tanyl
    Why crypto drop so much
  • Tanyl
    2022-11-17
    Tanyl
    Mara drop a lot
  • robot1234
    2022-11-17
    robot1234
    Gemini, BlockFi, Genesis announcing new restrictions as FTX contagion spreads. The lending arm of the crypto investment bank Genesis Global Trading is pausing new loan originations and redemptions. The decision reflects a sign of contagion outside of cryptocurrency lender BlockFi, which is reportedly preparing for a potential bankruptcy filing, according to The Wall Street Journal. “We recognize how challenging this past week has been due to the impact of the FTX news. At Genesis we are entirely focused on doing everything we can to serve our clients and navigate this difficult market environment,” Genesis wrote in a tweet. “Our #1 priority is to serve our clients and preserve their assets.” Later Wednesday morning, the Winklevoss brothers’ Gemini exchange said it was pausing withdrawals o
  • andrew123
    2022-11-17
    andrew123
    Omg
  • YJ Lee
    2022-11-17
    YJ Lee
    Ok
  • Tanyl
    2022-11-16
    Tanyl
    Hopefully will rise very soon
    • KITkat
      Better prepare for it to got worsen[Observation]
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