Coinbase: Genesis’ approval to sell its GBTC won’t disrupt crypto market
By:Cointime
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Cryptocurrency exchange Coinbase predicts that the bankruptcy of cryptocurrency lending company Genesis and its approval to sell its shares in the Grayscale Bitcoin Trust (GBTC) will not disrupt the cryptocurrency market. It believes that most of the funds will flow back into the cryptocurrency ecosystem, resulting in a neutral impact on the market.
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