Cameron Winklevoss: Bitcoin Market Cap Could Reach $1 Trillion!
The optimism of the Winklevoss twins with regards to bitcoin and digital currency in general has long been a theme in the space, and a recent interview with CNN suggests that this optimism remains unwavering. We reported last week that the twins are preparing to launch a regulated bitcoin exchange in line with their publicly traded ETF (scheduled to trade under the ticker COIN once launched), and the interview offers insight into what they believe bitcoin can be as it becomes more mainstream. Namely, that bitcoin's market capitalisation could rise to at least $400 billion over the next....
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Source: Reddit.com. Fifty percent of the famous Winklevoss twin duo (it's a joke... just laugh) today did an AMA (ask me anything, or perhaps better referred to as a question & answer) session on Reddit. It was Cameron Winklevoss, and he opened up to answer questions about, well, anything - but particularly, bitcoin. Therein were some golden nuggets of information the bitcoin community might find interesting. For instance, Cameron and his brother Tyler, who both (together) hold about $35 million worth of bitcoin have yet to sell even one. Cameron says the two are holding long-term. And....
New York-based bitcoin exchange Gemini, founded by Tyler and Cameron Winklevoss will now begin operations in Canada, as a part of an international expansion program. Canadians will now have access to a new digital currency exchange in the Winklevoss twins’-led Gemini, a US-based exchange. In an announcement late yesterday, Cameron Winklevoss revealed that registered users in Canada will be able to trade bitcoin and ether on the ETH/BTC order book. Cameron Winklevoss wrote: We are thrilled to announce the expansion of Gemini services to the Great White North! This is just the beginning of....
Gemini, the New York-based bitcoin exchange currently being developed by investors Cameron and Tyler Winklevoss, has received two key approvals from the New York State Department of Financial Services (NYDFS). Gemini Trust Company received approval on 23rd September for its Articles of Organization, and was granted an exemption from the deposit insurance requirements of Section 32 of the Banking Law, steps president Cameron Winklevoss said put it on the "one yard line" for completing its current goal of entering the US market. Cameron Winklevoss explained that, with its Articles of....
Gemini, the New York-based bitcoin exchange founded by investors Cameron and Tyler Winklevoss, has revamped its fee schedule, to encourage an “active, stable and efficient marketplace”. The service was launched just over four months ago and, according to a new blog post by president Cameron Winklevoss, has now collected sufficient data to determine the best fee strategy going forwards. Winklevoss writes: “We have decided to adjust our existing flat fee schedule to a real-time, dynamic maker-taker fee schedule.” Adopting the maker-taker fee system is aimed to encourage 'makers', who add....
The Winklevoss twins have both been very vocal in their support of bitcoin, which is understandable - given the fact they missed the opportunity to cash in on tech giant Facebook. The brothers are avid bitcoin advocates, and big investors - with an estimated $35m worth of bitcoin between them. Over the weekend, Cameron Winklevoss discussed the future of bitcoin on reddit, making a few interesting announcements and predictions. Cameron's 'conservative' valuation estimate sounds anything but - he believes each bitcoin will pass $40,000, roughly 40 times what a bitcoin is worth today. He....