Gemini Trading Launch Does Little to Boost Ether Price
Ether prices experienced only modest movements on 9th May despite the high-profile launch of trading support for the digital asset on Gemini, the digital currency exchange owned by investors Cameron and Tyler Winklevoss. Announced last week, Gemini began offering both ETH/BTC and ETH/USD pairs at 14:30 UTC today, a launch that coincided with news coverage from Reuters and Bloomberg, among others. Despite the visibility, the digital currency opened the day at $9.55, Poloniex data reveals, and later fell to a low of $9.36 at 02:25 UTC. Ether remained at this price level until 04:30 UTC, when....
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Recently approved by the New York State Department of Financial Services to offer the trading of Ether on its virtual currency exchange based in New York City, Gemini has started Ether trading. Touted as the first licensed ether exchange in the world with its approval also making the NYSDFS the first regulatory agency in the world to supervise ether, Gemini stated on its blog site that the exchange will be offering ETH/BTC and ETH/USD trading pairs on two new order books. In a blog post, Cameron Winklevoss, Co-Founder and President at Gemini, says: “Our approval makes Gemini the first....
When the Gemini Trust Company begins trading Ether Monday at 9:30 a.m., offering ETH/BTC and ETH/USD trading pairs on two order books, a new chapter begins with the world’s first licensed Ether exchange. Ether is the crypto-asset and token of the Ethereum network, and has emerged as the leading altcoin and is the fastest growing digital currency. Gemini founders Tyler and Cameron Winklevoss planned from their company’s beginning two years ago to provide a platform to allow customers to trade digital assets in addition to bitcoin. Over the past six months, Gemini recognized Ether as a....
Digital currency exchange Gemini announced yesterday that it is opening its services to traders in South Korea and Japan. The move comes just over a year after Gemini first opened its doors in New York. The exchange, which had been in the works since early 2015, came online following its successful bid for a bank charter. Yet the exchange struggled to find traders following its launch, and may be looking past US shores in a bid to attract more activity. Customers in both countries will have access to bitcoin and ether trading, both markets of which will trade against the US dollar. South....
Gemini, the New York-based bitcoin platform operated by the famed Winklevoss twins will soon allow traders to buy and sell Ethereum’s native cryptocurrency Ether. According to reports, Cameron and Tyler Winklevoss, the men who were indirectly responsible for the creation of the social media giant Facebook, have received the approval to trade Ethereum on Gemini Bitcoin Exchange from the New York State Department of Financial Services. Ether’s emerging popularity has got many Bitcoin exchanges and trading platforms to include it in their established services. Following the announcement,....
Investors have been watching and waiting for the launch of Gemini, the bitcoin exchange launched by Cameron and Tyler Winklevoss, since it was first announced on January 23. The wait is over. Customers have been begun receiving instructions for onboarding and will be able to officially begin trading on the Gemini exchange starting Thursday, October 8 at 9:30 a.m. EST. The nine months it took for Gemini to go from announcement to launch is due to a belief in the need to "ask for permission, not forgiveness." However, on September 23, Gemini Trust Company received approval for its Articles....