The largest cryptocurrency by market capitalization was recently trading as high as $22,387, up 5.4% over the previous 24 hours, shrugging off the announcement late Thursday that Genesis Global Holdco LLC, the holding company of troubled cryptocurrency lender Genesis Global Capital, had filed for Chapter 11 bankruptcy protection late Thursday. (Genesis and CoinDesk are owned by Digital Currency Group.)
BRICS leaders push Bitcoin to bypass Western sanctions as Putin calls for alternatives
Key Takeaways BRICS leaders advocate for Bitcoin to bypass Western sanctions at annual summit. Putin requires options to the greenback,...