Bitcoin (BTC) $77,302.88 0.22%
Ethereum (ETH) $2,430.73 0.30%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 94.595547 1.48%
Chainlink (LINK) $11.41 -2.34%
Cardano (ADA) $0.22 0.50%
Litecoin (LTC) $52.29 1.75%
Dash (DASH) $41.59 3.41%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.185412 -0.94%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 0.06%

Cryptocurrencies: 29801

Markets: 111399

Market Cap: $2,619,377,111,323

24h Vol: $85,718,597,722

Bitcoinist

2022-11-21 08:13:46

D-Day Looms For Bitcoin – Are DCG And Genesis Going Bankrupt?

D-Day Looms For Bitcoin – Are DCG And Genesis Going Bankrupt?

The question of whether Genesis Trading and Digital Currency Group (DCG) will go bust currently hangs over the crypto and Bitcoin market like a sword of Damocles. In the event of bankruptcy, DCG could be forced to liquidate its cash cow, Grayscale and its Grayscale Bitcoin Trust (GBTC). But, how likely is that to happen?

esptco-banner img

Latest News

Zcash jumps 41% in 24 hours as Grayscale ETF targets August...

2026-08-23 02:16:42
BNB Chain to activate Pasteur hard fork on August 25 with th...

2026-08-23 01:41:10
Chainlink eyes $15 target as Grayscale boosts holdings and d...

2026-08-23 01:05:12
AVAX breaks triangle pattern, institutional adoption boosts...

2026-08-23 00:24:11
Injective climbs 5.78%, eyes $60 target as SEC registration...

2026-08-23 00:04:10
Chainlink rises 12%, Bitwise ETF accumulation pushes LINK to...

2026-08-22 23:30:09

Videos

0x (ZRX): What is 0x? (ZRX) (EXPLAINED)
Cardano: What is Cardano (ADA)? Explained!
Bitcoin Halving Explained: Why It Is So Important?
Brave Browser Review 2022: Why Brave Browser is Good for Crypto?

Our Partners

Hashing Ad Space

Inbound Junction

Asimi

Crypto Marketing Agency, FINPR

Chainwire