The popular New York-based cryptocurrency exchange, Gemini, has recently revealed that it is seeking to raise about $400 million in a new funding round. Thus, its total valuation could rise to $7 billion. A Potential $7B Valuation Citing unnamed sources on Thursday, Bloomberg reported that the fundraising will bring the exchange’s valuation to $7 billion. Gemini, spearheaded by the Winklevoss twins, Cameron and Tyler, is set to join the growing list of top crypto-related...
Read More »Winklevoss-Led Exchange Launches Gemini Green to Help Decarbonize Bitcoin
The US cryptocurrency exchange – Gemini – announced a long-term initiative called Gemini Green, aiming to add environmentally conscious practices into its business. The trading venue partnered up with Climate Vault and plans to purchase 350,000 metric tons of carbon – a move striving to decarbonize bitcoin. The Crypto Platform That Will Offset Its Own Emissions Gemini – the crypto trading venue founded by the Winklevoss twins Cameron and Tylor – announced in a press release...
Read More »If You’re an Influencer Promoting Crypto, Make Sure You’ve Done Your Homework
If you are an influencer on the internet and social media, there is a good chance that a lot of people are listening to what you say and take heed of your words. Therefore, you should always be careful about the promises you make and things you promote. It now looks like crypto is becoming the object of many influencers’ attention, but they may not be doing enough research regarding which assets are solid and which are fly-by-night coins. If You’re an Influencer, Be...
Read More »Gemini Now Allows Users to Earn up to 2.25% Interest on Dogecoin
The US-based cryptocurrency exchange Gemini announced it will grant its customers the opportunity to earn interest on Dogecoin. They can realize as much as 2.25% annual percentage yield (APY) on the meme coin. With this innovation, Gemini Earn now accounts for more than $2 billion in loans for its customers. DOGE Coming to Gemini The massive craze around the meme coin keeps its invasion and reached the US trading venue Gemini. The official website of the crypto exchange...
Read More »Gemini Partners With Mastercard to Launch a Crypto Credit Card With Rewards in Bitcoin
Mastercard continues its crypto-related efforts by partnering with the digital asset exchange Gemini to introduce an innovative crypto rewards credit card. Dubbed Gemini Credit Card, it already has over 100,000 people on its waitlist but should see the light of day in the summer. Crypto Rewards Credit Card From Gemini The crypto exchange founded and managed by the Winklevoss twins announced its latest product earlier today. Apart from including Mastercard, the company has...
Read More »Gemini: Bitcoin via Google Pay und Apple Pay kaufen
Gemini: Bitcoin-Börse verkauft Bitcoin und Co. via Google Pay und Apple Pay Gemini bietet Kryptowährungen ab sofort auch über Apple Pay und Google Pay an. Die Kryptobörse stellt zum Start rund 30 Coins zur Verfügung und verspricht kurze Wartezeiten sowie niedrige Gebühren. Bitcoin und Co. über Apple Pay und Google Pay Die beiden neuen Zahlungsoptionen wurden auf dem offiziellen Blog von Gemini angekündigt. Dort heißt es sinngemäß: “Die...
Read More »14% of Americans Own Crypto, Bitcoin Remains Most Popular: Survey
Americans’ interest in the cryptocurrency industry has grown significantly in the past year, found a survey by the Winklevoss-run crypto exchange, Gemini. Interestingly, BTC has remained the most popular digital asset, but the results show that US citizens have larger on-average positions in ether, BCH, and LTC. US Appetite for Crypto Rises The past twelve months were somewhat transformative for the crypto ecosystem, with the COVID-19 pandemic serving as the catalyst. This...
Read More »Real Estate Giant Teams up with Gemini to Buy Bitcoin and Allow BTC Rent Payments
Caruso, one of the largest estate companies in the US, has entered the BTC space with an undisclosed investment. The organization also revealed it will begin accepting bitcoin as payment for rent following a partnership with Gemini – the cryptocurrency exchange founded by the Winklevoss twins. Pay Rent with Bitcoin Without specifying the precise amount, Caruso announced earlier that it had made a “significant initial investment” in the primary cryptocurrency as part of its...
Read More »Bitcoin Takes a Nasty Fall Following Weekend Selloff
Bitcoin recently rose as high as $61,000 per unit, thereby reaching a new all-time high. However, it looks like this sudden surge wasn’t designed to last, as the currency dropped over the weekend to a “measly” $56,000, about $5,000 less than where it stood just a few days ago. Bitcoin Has Incurred a Serious Dip What could have possibly contributed to this drop? This is a question, naturally, that’s making its way through the heads of many analysts and industry experts...
Read More »Update: Huge Gemini Inflows of 18K BTC: What’s Behind it and is This Why Bitcoin Dumps?
Bitcoin fell by over 10% in a day to about $55,000 following a considerable correction. On-chain data suggests that it could be attributed, to some extent, to sizeable deposits to the large US-based cryptocurrency exchange Gemini, just before the drop. However, Glassnode data refutes this option, claiming that the transfers were internal.18K Deposited to Gemini Prompted the Price Slumps?Everything seemed to be going in BTC’s way in the past several days. The asset had just recovered from its...
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