One of Bitcoin’s most vocal proponents and early adopters, Tyler Winklevoss, took the opportunity to comment on Goldman Sachs’ most recent conclusions on the cryptocurrency.‘Probably’ Rebranding to Goldman Stacking SatsAs CryptoPotato reported yesterday, the large multinational investment bank Goldman Sachs hosted a conference call talking about Bitcoin and other cryptocurrencies. Somewhat unsurprisingly, the report compared BTC’s price action to the infamous tulip mania, claiming that it’s...
Read More »Tech Giant Samsung Will Integrate Gemini’s Mobile App On Its Blockchain Wallet
The South Korean tech giant Samsung continues with its cryptocurrency-related partnerships by getting into business with the popular US-based exchange Gemini. The digital asset venture founded by the Winklevoss brothers has become the first exchange to be integrated with Samsung’s Blockchain Wallet.Samsung Partners With GeminiPer today’s report, the integration will allow Samsung Blockchain Wallet users from the United States and Canada to connect to the Gemini mobile app without having to...
Read More »JPMorgan Reportedly Accepts Coinbase and Gemini As Banking Clients
The American multinational investment bank, JPMorgan, has taken two popular cryptocurrency exchanges as banking customers. According to a recent report, the giant bank has approved Coinbase and Gemini in April, and transactions are starting to be processed now.Cryptocurrency Adoption From JPMorganPer a Wall Street Journal report from today, JPMorgan Chase & Co has started accepting clients from the cryptocurrency industry. The bank has approved the largest US-based exchange with over 30...
Read More »The First Bitcoin Fund Had Just Been Listed On Major Stock Exchange: 3iQ Corp Has Launched On Toronto Stock Exchange
Canada-based 3iQ Corp has launched a Bitcoin Fund on the Toronto Stock Exchange (TSX). It’s the first public cryptocurrency fund listed on a significant global stock exchange. The Class A units, having a total asset value of approximately $14 million, began trading today under the symbol QBTC.U.The Bitcoin Fund Is HereOn April 2nd, the digital asset fund management company, 3iQ, informed that The Bitcoin Fund had filed with the securities regulatory authorities in all Canadian provinces. It...
Read More »Tyler Winklevoss: Bitcoin Will Emerge Stronger Than Ever From This Crisis
Despite the recent days of despair in the crypto community because of Bitcoin’s massive plunge, Tyler Winklevoss stays optimistic. The Winklevoss twin believes that Bitcoin’s significance will outperform the current negative sentiment, and it will “emerge stronger than ever.”Winklevoss Still Believes In BitcoinThe coronavirus hit the cryptocurrency market, and in less than a month, the Bitcoin price dropped from over $10,000 to $3,600 on some exchanges. Even though BTC has recovered slightly...
Read More »10X In Space: Tyler Winklevoss Space Ticket Now Worth $3 Million
Tyler Winklevoss, Co-Founder, and CEO of Gemini regretted spending over 300 BTC in 2014 for a ticket to space. With Bitcoin’s price at $800 at the time, the ticket was worth around $250,000 from Sir Richard Branson’s Virgin Galactic.As the price of the largest cryptocurrency has surged since then, Winklevoss referred to his move “a Bitcoin pizza moment.”The Most Expensive Ticket To SpaceVirgin Galactic is a company specializing in commercial spaceflights within the Virgin Group, founded by...
Read More »Winklevoss Twins to Wall Street Execs: Forget Gold, Invest in BTC
The Winklevoss Twins are warning Wall Street executives that the time to stock up on bitcoin is now.The Winklevoss Twins to Wall Street: Get It Together!The founders of the Gemini Exchange in New York – one of the first cryptocurrency trading platforms to garner a BitLicense – are telling Wall Street players that they need to stop putting so much emphasis on gold, as bitcoin is likely to “trump” gold in the coming future.Tyler explains:If you have gold, start building up bitcoin reserves. We...
Read More »Gemini Crypto Custody Branch Now Insured with $200 Million
Gemini crypto exchange was founded by Tyler and Cameron Winklevoss. The company has announced that it has set up its in-house insurance company Nakamoto Limited that will protect its clients against any probable loss of coins stored in its offline vaults. Reportedly, the company has offered a possibly record-breaking $200 million coverage limit for Gemini Custody.Announced on January 16, the captive insurer will cover customers of the crypto cold storage service operated by Gemini Trust...
Read More »Gemini Starts Insurance Company To Boost Cryptocurrency Coverage For $200M
Leading US cryptocurrency exchange and custodian, Gemini Trust Company, has taken a strategic step to provide robust coverage for the cryptocurrencies in its custody.Gemini Takes An Extra StepOwned by the Winklevoss twins, Cameron and Tyler, the exchange announced Thursday that it had launched its captive insurance firm, Nakamoto Ltd., to secure Gemini Custody, the company’s arm that stores customer’s digital assets, against theft.This development now allows Gemini’s customers to purchase...
Read More »In the New Decade, Crypto Will Become Essential Like Email: Says Tyler Winklevoss
It’s the start of a new decade, and industry famous twin Tyler Winklevoss, the co-founder, and CEO of cryptocurrency exchange and custodian company Gemini Trust, has shared his views on what the next ten years hold for crypto.According to Winklevoss, crypto is already becoming more than a niche technology and a form of money, and it will play an essential role in our daily life in the foreseeable future.“Today, crypto is still a niche technology and a form of money. It is not crucial to your...
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