After months of the bearish trend in cryptocurrency market with a number of firms witnessing bankruptcy or complete collapse, cryptocurrency company Genesis stated in quarterly results that its loan originations and trading volumes had sharply decreased in the Q3 of the year. Genesis is a subsidiary of Digital Currency Group, the cryptocurrency investor and corporation created by Barry Silbert. Genesis entered the market initially, opening the first over-the-counter cryptocurrency trading desk in 2013, and later developed into a significant lender. Genesis Lending Plung 79% in Q3 Genesis noted in the fourth quarter (Q4) that the crypto market is falling short The post Genesis Loan Originations Tanks 79% During Crypto Winter appeared first on Cryptoknowmics-Crypto News and Media Platform.
