Cameron Winklevoss: “We Know We Aren’t Going to Please Everyone”

Cameron and Tyler Winklevoss did an Ask Me Anything session on Reddit following a full-page advertisement in the New York Times. The twins answered some of the questions asked, including this one, which CCN also recently reported on. Some voices in crypto took umbrage with your recent advertising campaign in NY. The slogan read “Gemini: The REGULATED Cryptocurrency Exchange”. Could you explain the reasoning behind it? Does Gemini stand alone in this respect? Cameron Winklevoss said: We know we aren’t going to please everyone but the healthiest and most vibrant…

“We Know We Aren’t Going to Please Everyone”

Cameron and Tyler Winklevoss did an Ask Me Anything session on Reddit following a full-page advertisement in the New York Times. The twins answered some of the questions asked, including this one, which CCN also recently reported on. Some voices in crypto took umbrage with your recent advertising campaign in NY. The slogan read “Gemini: The REGULATED Cryptocurrency Exchange”. Could you explain the reasoning behind it? Does Gemini stand alone in this respect? Cameron Winklevoss said: We know we aren’t going to please everyone but the healthiest and most vibrant…

Opens 4,000-Sq-Ft Blockchain Center as Bitcoin Falls

New York City is doubling-down on crypto despite the bitcoin bear market. The NYC Economic Development Corp. opened a 4,000-square-foot Blockchain Center on Thursday (Jan. 10) amid the Crypto Winter. Why? Because the EDC is in it for the long haul, says an executive. “We are playing the long game,” Ana Arino — the chief strategy officer at the EDC — told Bloomberg. “It’s a nascent technology, so there’s bound to be uncertainty around this evolution from year to year. While we don’t know what the future holds, we want to…

Bitcoin is an Excellent Diversifier for Traders and Investors. Billionaire Hedge Fund CIO Says

Bitcoin is an “interesting technological experiment” that could have the best or the worst of the destinations. That is what Bill Miller, founder and chief information officer (CIO) at Miller Value Partners said in an interview with CNBC Bitcoin (BTC) Prediction? Anywhere from Zero to A Lot Miller Value Partners LLC was founded in 1999 and since its inception has provided financial services to clients with high-level investments. Its portfolio is diversified in sectors such as finance, healthcare, and technology with more than 119 positions. Miller began purchasing Bitcoin in…

Bitcoin Dips Below $3,700 as All Top Cryptos See Severe Losses

Thursday, Jan. 10 — all of the top 20 cryptocurrencies are seeing severe losses in the 24 hours to press time. Bitcoin’s (BTC) price has dipped below the $3,700 mark, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down over 9 percent on the day, trading at around $3,661. Looking at its weekly chart, the current price is lower than $3,888, the price of BTC one week ago. The current Bitcoin value is also substantially lower than $4,108, its mid-week high reported on Tuesday. Bitcoin 7-day…

More Than Half of the current 4000 Bitcoin ATM’s are located In the US

The number of Bitcoin ATM machines (BATM) installed across the world crossed the 4,000 threshold, according to Coinatmradar.com. Bitcoin ATMs are installed in 75 countries in the world. Two thirds of them are concentrated in North America. Out of a total of 4,159 BATMs worldwide, 2493 – or 55.9 percent – are in the United States, and 613 in Canada. California has the most number of BATMs in the United States, 475, followed by Illinois with 252 BATMs. Coin ATM Radar data shows their presence is steadily growing, not only…

“Bitcoin Could Make it to 5k”. Anti-Crypto and Investment Guru Jeffrey Gundlach Says

Despite not being the most pro-bitcoin investor, Jeffrey Gundlach recently commented that Bitcoin could easily give traders and hodlers a 25% profit in the short term. Jeffrey Gundlach is a Bond-fund Manager at DoubleLine Capital LP. His success in the world of finance has earned him the nickname “Bond Guru” or even “Bond King.” His successful trading strategies and vision of the markets have allowed him to accumulate a net fortune close to 2Bn Dollars according to data from Forbes. According to CNBC, in a recent webcast, Mr. Gundlach shared…

Maltese Celebrities Notify Police After False Report of Involvement in Crypto Investment Scheme

A Maltese actor and two hosts of a local TV show have notified the police after a false report that they are involved in a Bitcoin investment scheme called “Bitcoin Revolution.” The story was reported by the Malta Independent and Malta Today on Thursday, Jan. 10. As per the Malta Independent, an article with a fake endorsement of Bitcoin Revolution was initially published on a website called Major News. It depicted two hosts of the One Breakfast show, Wayne Sammut and Elaine Degiorgio, and falsely claimed that Davide Tucci, a…

Bitcoin Price Tumbles 10% as Crypto Markets Flash Red

The price of bitcoin fell more than 10 percent during Thursday’s trading session as the cryptocurrency erased a large portion of its recent gains. At 6:00 UTC, bitcoin opened the trading hour at a price of $4,018, but fell to $3,748 before the hour was complete. After trading sideways until 16:00 UTC, the sell-off accelerated to a low of $3,570, according to CoinDesk pricing data. Bitcoin’s current price of $3,610 reflects a $367 difference and more than 9 percent drop from its 24-hour opening price of $3,995, CoinDesk data further…

Breaking: Bitwise Enters The Bitcoin ETF Ring, Files SEC Application

Crypto Startup Bitwise Files ETF Application On Thursday, Bitwise Asset Management, a leading crypto index and fund provider headquartered in San Francisco, announced that it filed a Bitcoin exchange-traded fund (ETF) application with the U.S. Securities and Exchange Commission (SEC) in a first for fiscal 2019. Bitwise, headed by fervent crypto optimist Hunter Horsley, took to Twitter and issued a press release to announce the development, which can arguably only be seen as bullish. Bitwise announced today the filing of an initial registration statement on Form S-1 with the U.S.…