Gemini Joins Coinbase and Block in the Crypto Council for Innovation

Gemini is the latest crypto exchange to join the Crypto Council for Innovation (CCI). Its addition enhances CCI's list of prestigious crypto firms supporting regulations on digital assets. So far, the group includes Coinbase, Block, Fidelity Digital Assets, and Paradigm, among others. Gemini’s Quest for Regulating Crypto Joining the CCI is only one of Gemini's recent initiatives for supporting policy and regulatory affairs. Notably, the company spent $120,000 on lobbying activities in the U.S. in the last six months of…

Top Crypto Exchanges for Beginners in 2022

Investing in crypto is not as complex as most people think. So if you’re curious and optimistic about the rise of crypto, there is no reason to hold back and dive into it. Remember, it is normal for beginner investors to get caught in the cobweb of endless crypto exchanges. As a beginner investor, your objective should focus on the best crypto exchanges to make the right investment decisions. Whether it’s Bitcoin or Ethereum, cryptocurrencies continue to be at the…

Imminent Funding Rounds for Two Large Crypto Exchanges

2021 has been a relatively good year for crypto. More people want to buy cryptocurrencies. Companies are also expanding quite well. Expansion tales are always good signs. They show that the market is growing and doing quite well. This week, two of the largest crypto exchanges are taking centre stage. Rumours have started to circulate that Binance US and the Gemini Exchange are raising funds. Both companies are reportedly finalizing their fundraising rounds, with both sure of securing the "unicorn" status.…

Bitcoin Price Plunge Causes a Massive Drop Below $40,000

Yesterday, the price of Bitcoin dropped below $40,000 despite the positive news that has been flocking the crypto space. Jack Dorsey even made an announcement teasing that he would make a bitcoin payment plan. However, despite the opportunity to buy that the dip has provided for buying, bulls are hesitant to do so. On the other hand, long-term holders continue to accumulate. Why the Price Dropped The price of Bitcoin has not recovered despite continuing claims that Wall Street banking…

Bitcoin (BTC) Exceeds $48,000 As Exchanges Struggle To Cope With Demand

Tesla's $1.5 billion purchase of Bitcoin (BTC) on Monday blew the leading cryptocurrency price. The FOMO is in full swing, to the point that the big exchanges are struggling to meet up with the demand for bitcoins.  Bitcoin Price Surges to $48,000 Tesla's purchase of bitcoins yesterday surprised the entire market as it was unexpected. However, its effect on the market was expected as the price of bitcoin began an upward rise. Within a few hours, Bitcoin had blown past its…

Gemini Launches a New Way to Earn Interest on Crypto Assets

Gemini, founded by Tyler and Cameron Winklevoss, announced its interest-earning program, Gemini Earn, which enables customers to earn up to 7.4 percent APY. The program will be available in all 50 US states and let users buy, spend, store and make interest on more than 26 cryptocurrencies under one platform. Customers can transfer their crypto holdings or easily purchase crypto to move into Gemini Earn and earn interest for any period. Additionally, they can also redeem their crypto at any…

Tyler Winklevoss: Ether (ETH) and Filecoin (FIL) are the new Amazon

Gemini CEO and cryptocurrency billionaire Tyler Winklevoss recently highlighted some similarities between some cryptocurrency projects and their centralized counterparts. According to him, Ethereum and Filecoin are the cryptocurrencies most likely to be used on a large scale. Tyler Winklevoss compares Ether and Filecoin to Amazon The Gemini exchange boss is known for his pro-cryptocurrencies statements on social media. In a series of tweets yesterday, Winklevoss highlighted some crypto projects that he believes will last the test of time. According to him,…

Gemini Exchange Announces Trading and Custody Support for Filecoin

In a recent statement, the cryptocurrency exchange Gemini has announced the trading and custody support for Filecoin. As per the announcement, the Filecoin Mainnet will launch at 10:30 am ET, Thursday, October 15, supported by the Gemini exchange custody solution. At the same time, Gemini users will be able to deposit and withdraw FIL through its exchange. The exchange users will also be able to trade FIL subsequently. As of now, the Filecoin network is on testnet and not live…

5 Most Popular USD Pegged StableCoins in the Cryptoverse

What is StableCoin? Stablecoins are cryptocurrencies designed to minimize the volatility danger of the notoriously unstable Crypto market. In theory, a stablecoin can be pegged to a cryptocurrency, fiat money, or exchange-traded commodities (such as precious metals or industrial metals). Since the advent of USDT - Tether in 2015, traders have felt a greater sense of safety from the market's constant volatility. Stablecoins today are blockchain-based and usually tied to traditional assets, currencies, or a basket of assets and currencies.…

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