Crypto exchange Gemini is expanding its offering in Australia with a local entity and team, and plans to sit back and watch the country’s consultation on crypto laws. US crypto exchange Gemini is set to expand its offerings in Australia with the launch of a new locally registered entity, and is taking a wait-and-see approach to recent draft laws expected to broaden oversight of the crypto sector. Gemini’s head of Asia Pacific, Saad Ahmed, told Cointelegraph that Australia’s crypto penetration is “quite significant, somewhere in the range of 23 to 25%” which leaves the exchange with “headroom for growth.” On Thursday, the exchange said it created a local entity registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC), the country’s financial intelligence agency, enabling it to provide access to local payment rails. Read more
The Bitcoin four-year cycle is driven more by "human emotion" and will likely continue to play out in “some form,” according to a crypto executive. While Bitcoin’s four-year cycle may not play out exactly as it has in the past, that doesn’t mean the concept is entirely dead, according to a crypto executive. “I think when it comes to the four-year cycle, the reality is that it’s very likely that we’ll continue to see some form of a cycle,” crypto exchange Gemini’s head of APAC region, Saad Ahmed, told Cointelegraph during a sit-down interview at Token2049 in Singapore. “It ultimately stems from people get really excited and overextend themselves, and then you kind of see a crash, and then it kind of corrects to an equilibrium,” Ahmed said. Read more
Google’s Gemini AI can help organize research, compare tokenomics and cut through noise. Here’s a workflow to analyze coins before you invest responsibly. Gemini is a research assistant for summarizing data and analyzing text, not a financial adviser for predicting prices. The quality of your research output depends entirely on the specificity and structure of your prompts. A repeatable workflow involves deconstructing a project’s fundamentals, analyzing its economics and mapping its competitive landscape. Read more
Gemini’s $425 million Nasdaq debut marks the latest in a wave of blockbuster crypto IPOs, as investor demand surges for digital asset equities. Shares of Gemini Space Station (GEMI), the digital asset exchange founded by Cameron and Tyler Winklevoss, surged in their market debut on Friday, signaling strong institutional appetite for crypto-related equities. Gemini shares briefly topped $40 on Friday, according to Yahoo Finance data, before retreating later in the session. By the afternoon, Gemini was trading near $35 a share, up 24% on the day, for a market cap of around $1.3 billion. The company priced its initial public offering at $28 per share late Thursday — well above its initial target range of $17 to $19, and even higher than the upwardly revised $24 to $26 range. Read more
The crypto exchange capped proceeds at $425 million after reportedly halting new orders, with Nasdaq among its investors. Gemini’s upcoming initial public offering (IPO), expected Friday, has reportedly been oversubscribed more than 20 times, as crypto and blockchain companies continue to attract investor attention. According to Reuters on Thursday, citing people familiar with the matter, Gemini and its bankers stopped accepting new orders for shares on Thursday, ahead of the crypto exchange’s debut. The move, called “unusual” in an IPO, reportedly capped proceeds at $425 million. Gemini had initially upped its raise to $433 million, with its prospective listing share price ranging between $24 and $26, from $17 to $19 floor price. Read more
From watchlists to trading loops, Google Gemini AI offers day traders new ways to cut through noise, manage risk and act on market catalysts with confidence. Gemini AI serves as a powerful tool for researching day trade strategies but cannot be used to execute trades directly. It summarizes fundamentals and compares assets to support daily trade decisions but still requires access to data sets. Gemini AI helps manage trading discipline by turning watchlists, catalysts and post-mortems into structured loops that prevent traders from chasing noise. Read more