On-chain metrics suggest bottom is near, but what about macro? Contagion from FTX’s collapse continues to spread. This time Genesis, the largest crypto lender, has halted withdrawals and it’s rumored to be raising an emergency $1B round. Due to this, Gemini’s Earn product was also forced to freeze $700M in client funds as it relied in Genesis as the main counter-party for that yield. Despite this, crypto prices have held up relatively well, remaining above last week’s lows. Although fear and ...