Source: https://www.coindesk.com/consensus-magazine/2023/10/19/dcg-genesis-were-the-adults-in-the-room-but-didnt-behave-like-it/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The New York Attorney General filed early Thursday a lawsuit against Genesis, Gemini and DCG for allegedly defrauding investors of $1 billion. Source: https://www.coindesk.com/markets/2023/10/19/bitcoin-eyes-29k-defying-fresh-crypto-lawsuit-rate-fears/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Analysts are speculating over whether the lawsuit might have any implications for its GBTC conversion chances. Source: https://www.coindesk.com/markets/2023/10/19/will-lawsuit-against-dcg-impact-gbtcs-chances-of-an-etf-conversion/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Can Sun testified on day 12 of the Sam Bankman-Fried trial. Source: https://www.coindesk.com/policy/2023/10/19/absolutely-not-former-ftx-general-counsel-says-he-never-approved-loans-of-customer-funds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Since the end of last year, the number installed has dropped 7,000, or 17%. Source: https://www.coindesk.com/business/2023/10/19/global-bitcoin-atm-numbers-sink-to-lowest-level-since-2021/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin will rise to between $42,000 and $56,000 if a BlackRock spot bitcoin (BTC) ETF is approved, crypto services provider Matrixport said in a report Thursday. Source: https://www.coindesk.com/business/2023/10/19/matrixport-says-bitcoin-will-rise-to-between-42k-and-56k-if-blackrock-etf-is-approved/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The funding round was led by Pantera Capital, and included participations from Susquehanna International Group and HashKey Capital. Source: https://www.coindesk.com/business/2023/10/19/pantera-susquehanna-and-hashkey-back-dex-synfutures-with-22m-funding/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

The lawsuit alleges that Gemini knew Genesis’ loans were undersecured and at one point highly concentrated with one entity, Sam Bankman-Fried’s Alameda, but did not reveal this information to …

We’ve entered the soul-sucking phase of Sam Bankman-Fried’s month-long criminal trial. The part where an antsy Judge Lewis Kaplan paces and glares – and then lashes out at prosecutors …