First Mover Americas: FTX’s First Hearing, Genesis Seeks Help

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First Mover Americas: FTX’s First Hearing, Genesis Seeks Help
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Bitcoin ($BTC) is higher as crypto firm Genesis explores options. LedesmaLyllah reports in today's First Mover by CoinDesk Markets.

, letting the company’s lawyers finally get a better sense of just what was going on at the bankrupt crypto exchange.DBS, completed a fixed income trade on JPMorgan’s blockchain network Onyx., which is a blockchain-based fixed income trading network, to complete a trade.

The Onyx Digital Assets network uses tokens for short-term trading in fixed income markets, enabling investors to lend assets for a period of hours without them leaving their balance sheets.The chart shows the open interest in bitcoin futures traded on the Chicago Mercantile Exchange has soared to 98,725 BTC, surpassing the peak of 93,628 BTC reached in October last year.

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