🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
Genesis sues parent company DCG to recover over $1 billion in transfer funds.
[Genesis sues parent company DCG to recover over $1 billion in transfer funds] The cryptocurrency lending platform Genesis Global Capital filed a lawsuit against its parent company Digital Currency Group in the Southern District of New York bankruptcy court on Monday, seeking to recover over $1 billion in transfers made in the year prior to its bankruptcy. In its complaint, Genesis states that multiple parties, including DCG, founder Barry Silbert, and their affiliated companies, 'transferred funds to each other while the company was insolvent.' Genesis seeks to have these transfers recognized as priority payments under bankruptcy law and to recover their value. Among these, the value of the cryptocurrency payment part exceeds $582 million, while the total amount of priority transfers exceeds $1.2 billion.