Genesis is having a hard time raising cash for its lending unit, and it is warning potential investors it could possibly file for bankruptcy. If Genesis were to file for bankruptcy, that would imperil Digital Currency Group. We will be at Bitcoin Conference 2023 next year! Use code 'ALTCOINDAILY' for 10% off: https://b.tc/conference/ Join us in Miami for Dcentral: https://www.dcentralcon.com/ Vote Altcoin Daily for Best News Source & Influencer of the Year: https://web3influencerawards.com/ Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: https://twitter.com/AltcoinDailyio Timestamps: 0:00 - Genesis warns of bankruptcy 1:22 - Why this is a big deal 1:50 - Genesis liquidity CRUNCH 2:26 - How we got here 3:02 - CZ Binance concerns over Coinbase & Grayscale 4:34 - Why this is a big deal (pt2) 4:59 - The state of Genesis, Grayscale, & DCG today 5:42 - 2 possible scenarios 6:23 - Genesis has �days not weeks� 6:37 - Join us at these crypto conferences 7:14 - DCG on verge of Total Collapse? 8:50 - DCG CEO letter to shareholders today **Note: My overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. Alts are interesting but a lot more speculative. I use them to accumulate more Bitcoin. *********************************************************************** ���Support The Channel!!���(We Get A Kickback From These Affiliate Links) Support us on Patreon here � and be a part of exclusive content and voting power https://www.patreon.com/AltcoinDaily Protect and store your crypto with a Ledger Nano: https://www.ledger.com?r=4b0f6c5711dc Get $10 Sign-Up & Buy Bitcoin With Swan� https://www.swanbitcoin.com/aarontarnold/ Buy Bitcoin with Cash App: Try it using my code and we�ll each get $5. MMQHWLG https://cash.app/app/MMQHWLG Sign up for Coinbase & get $10 in free Bitcoin: https://www.coinbase.com/join/arnold_a2r *********************************************************************** Altcoin Daily, the best cryptocurrency news media online! #bitcoin #cryptocurrency #news #btc #ethereum #eth #cryptocurrency #litecoin #altcoin #altcoins #forex #money #best #trading #bitcoinmining #invest #trader #cryptocurrencies #top #investing #entrepreneur #business #success #investment #finance #motivation #coinbase #stocks #wallstreet #investor #wealth #bullish #bearish #cryptolive #altcoindaily ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT! This is NOT an offer to buy or sell securities. Investing and trading in cryptocurrencies is very risky, as anything can happen at any time. This information is what was found publicly on the internet. This information could�ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. Most of my crypto portfolio is Bitcoin, then Ethereum, but I hold many cryptocurrencies, possibly ones discussed in this video. Coins I hold or will hold more than $1k worth (in no particular order): BTC, ETH, ADA, SOL, DOT, AVAX, EGLD, MINA, SUPER, FEAR, CELL, DON, VPP, XCAD, RUNE, XDEFI, OPUL, LINK, RFOX, INJ, XPLOT, REALM, NIF, VPAD, SENATE, SIDUS, FORM, DON, CELL, BICO, SIS, MATIC, IMX, METIS, BNB, MANA, SAND, THETA, TFUEL, GMT cryptocurrency, crypto, altcoin, altcoin daily, news, best investment, top altcoins, ripple, best crypto investment, ethereum, xrp, crash, bull run, bottom, crash, rally, price, prediction, podcast, interview, finance, stock, investment, too late, bitcoin, cryptocurrency news, bitcoin news, cryptocurrency news media online, defi, should i buy ethereum?, ethereum a good investment, best crypto investments, 2023 prediction, nfts, best nfts, cardano a good investment?, should I buy cardano?, bitboy, coin bureau, binance, coinbase,More Info