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The Securities and Exchange Commission has dropped its lawsuit against Gemini, the crypto exchange founded by twins Cameron and Tyler Winklevoss. The Winklevoss twins were donors to Donald Trump’s re-election campaign and also backed his family’s business ventures. In a joint filing on Friday, the SEC and Gemini asked the court to dismiss the lawsuit,…
Cameron and Tyler Winklevoss are betting on privacy protocols gaining major traction as AI continues to grow at an exponential rate. The year 2025 will go down as the year of digital asset treasury companies. Michael Saylor’s Strategy and Tom Lee’s Bitmine have forged ahead with Bitcoin and Ethereum-based strategies, while a handful of alternative…
Gemini’s $425 million Nasdaq debut marks the latest in a wave of blockbuster crypto IPOs, as investor demand surges for digital asset equities. Shares of Gemini Space Station (GEMI), the digital asset exchange founded by Cameron and Tyler Winklevoss, surged in their market debut on Friday, signaling strong institutional appetite for crypto-related equities. Gemini shares…
Gemini, the Winklevoss-founded crypto exchange and custodian, has filed to list on Nasdaq under ticker GEMI, revealing steepening losses ahead of its IPO. Gemini Space Station, the crypto exchange and custodian founded by Cameron and Tyler Winklevoss, has filed with the US Securities and Exchange Commission to list its Class A common stock on the…
” Crypto’s next bull run will come from the East: Gemini co-founder “ Crypto’s next bull run will start in Asia, according to Cameron Winklevoss, an American investor, and co-founder of crypto exchange Gemini. His comments have come amid an increase in enforcement action and looming crackdowns from United States regulators, including the Securities and…
” Opinion: Digital Currency Group’s Genesis implosion: What comes next? “ It looks as if the bear cycle is going to claim another high-profile crypto company. On Jan. 19, Digital Currency Group’s (DCG’s) lending subsidiary, Genesis, filed for Chapter 11 bankruptcy. Here we have yet another industry giant with a tale of incestuous lending, little…
” Digital Currency Group halts dividends in an effort to preserve liquidity “ Venture capital firm Digital Currency Group (DCG) has told shareholders it is halting its quarterly dividend payments until further notice as it attempts to preserve liquidity. According to the letter sent to shareholders on Jan. 17, the firm is focused on “strengthening our…
” Bitcoin price targets include new $14K dip as Fed’s Powell avoids inflation “ Bitcoin (BTC) traders faced disappointment at the Jan. 10 Wall Street open after the United States Federal Reserve declined to comment on future policy. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Powell keeps quiet on Fed policy Data from Cointelegraph Markets…
” Crypto Biz: SBF has his day in court; Barry Silbert accused of ‘stalling’ over frozen funds “ After Sam Bankman-Fried was handed over to United States officials last month, his top lieutenants — Caroline Ellison and Gary Wang — had already been cooperating with the feds. The two pleaded guilty to a slew of…
” Grayscale ETH trust nears record 60% discount as nerves continue over DCG “ The Grayscale Ethereum Trust (ETHE) is trading at nearly a 60% discount to the underlying value of its assets, with shares falling 93% from its Jun. 2019 all-time high (ATH). There are many reasons behind the ongoing decline, but in recent…