Is Gemini Making Enemies Already?
It’s been seven months since the grand opening, and digital currency exchange Gemini already seems to be making a few enemies. Gemini is the brainchild of Tyler and Cameron Winklevoss. Earning fame through their lawsuit against Facebook mogul Mark Zuckerberg, they have gone on to build solid names for themselves in the arena of bitcoin and digital currency. Gemini has many benefits, a big one being that it qualifies as a fiduciary and offers FICO insurance like a standard financial institution. In light of cyber-attacks on fellow platforms such as Bitstamp, Gemini offered the security that....
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With a positive gain of around $20 this week, Bitcoin seems to be rebounding, perhaps for a potential break through the $300 barrier once again. The small bump in price is most likely associated with the positive news surrounding Gemini, the Bitcoin exchange in the making brought to you by the Winklevoss twins. If you haven’t heard yet, the Winklevoss twins have taken one step further to making Gemini a public exchange for the average trader. By submitting a New York trust application, which is required if they want to launch their exchange, Gemini is taking all the proper steps to be....
Gemini has adjusted its flat fee schedule to a dynamic, real-time, “maker-taker” schedule after collecting enough data to know how to encourage a stable, efficient and active marketplace, according to a blog on the Gemini website by Cameron Winklevoss, president and co-founder. To launch the program, every customer will get the most favorable fee and rebate rates of 15 bps (0.15%) rebate on liquidity-making trades and incur a 15 bps (0.15%) fee on all such trades for the following windows: Current Gemini operation areas March 1, 2016 at 9:30 a.m. ET to March 31, 2016 at 9:30 a.m. ET.....
Someone is playing with the Bitcoin price. In the last couple of days, the Bitcoin price has jumped up and down rigorously from 610 USD to 680 USD per Bitcoin. Four hours ago it dropped with more than 50 USD. There has not been any significant news that could explain the sudden rise or sudden fall of the Bitcoin price. The actions taking place seems to be marked driven with a pure trading goggle. The question is who's pumping and dumping. Everyone? Bitcoin has its enemies. Some of its enemies are the most powerful enemies one can have. A few countries haven't taken a very hostile approach....
The world’s largest asset manager, Blackrock, and hedge fund giant Citadel Securities have denied claims that they had a role in the fall of terrausd (UST) and terra (LUNA). In addition, crypto exchange Gemini has denied making a bitcoin loan that resulted in the terra collapse. Blackrock, Citadel Securities, Gemini Deny Rumors Following the collapse of terra (LUNA) after algorithmic stablecoin terrausd (UST) lost its peg to the U.S. dollar this week, rumors have been circulating that Blackrock, Citadel Securities, and Gemini had some part in the fall. The three companies quickly....
Gemini, the cryptocurrency exchange and custodian founded by the Winklevoss brothers, has launched the Gemini Credit Card offering cryptocurrency rewards. Read more: Gemini Donates $50K to HRF to Help Fund Another Round of Bitcoin Developers in 2021