Gemini

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, 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…

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,…

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…

Stablecoins are cryptocurrencies designed to minimize the volatility danger of the notoriously unstable Crypto market. Theoretically, 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 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. USD is traditionally the most sought-after…

The biggest bank in the U.S., JPMorgan Chase, is now reportedly dealing with U.S. crypto exchanges Coinbase and Gemini as customers. On May 12, the Wall Street Journal (WSJ) reported that this is the first time the bank has served clients from the cryptocurrency industry. It was reported that both exchange accounts were accepted last month and the bank has started processing transactions. It is noteworthy that the bank is not processing Bitcoin or other crypto transactions on behalf of the exchanges,…

Progressively, Bitcoin and altcoins are slowly garnering attention from more crypto investors worldwide. Is it because cryptocurrencies have proven themselves to be a haven? Maybe people have started to appreciate the perks of blockchain technology, which is against the government's inflationary strategies.  In that rationale, since cryptocurrency first appeared, many exchange platforms have sprung up to facilitate transfers of digital tokens. However, although they offer similar services, crypto exchanges differ in terms of the level of privacy and security they…

In a decentralized world, price fluctuation is something that crypto enthusiasts have become accustomed to, especially the emotional roller coaster of substantial price swings. The crypto market can be described as pirates at sea, where the bigger ships try to conquer the smaller vessels to amass wealth and treasures. Crypto enthusiasts found a way to curb all these highly volatile crypto markets by introducing stable cryptocurrencies, which serve as a reliable hedge during market fluctuations. Three basic kinds of asset-backed…

Gemini is a popular US-based regulated cryptocurrency exchange. Gemini differs from its competitors in its licensing. The network went to great lengths to secure a status as a New York State limited liability Trust rather than a Bitlicence. This designation provides the exchange with additional custodial capabilities. This way, the exchange operates similarly to popular Wall Street platforms versus a crypto exchange. Features of The Gemini Exchange Gemini provides users with an easy-to-navigate, user-friendly interface that allows users to buy…