Digital Currency Group tokens red across board, sparking market speculation

This marks one month since

troubled crypto lender Genesis Global Capital, which is owned by DGC, suspended its Gemini Earn program. Assets on the Digital Currency Group portfolio have taken a hit over the last 24 hours, triggering market speculation.suspended“DCG and Genesis have highly competent teams. In normal circumstances neither would pay 15%-30% of slippage to rapidly exit long-held positions over the weekend, so observers are naturally speculating this was a forced event of some kind,” Rich Rosenblum, president of trading firm GSR, told The Block on Saturday.

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