The move comes as Gemini continues to expand beyond spot crypto trading into derivatives, predictions, and other financial services.
The new feature integrates SpaceXAI models to deliver real-time market intelligence, personalized signals and portfolio insights directly inside the Gemini app.
The CFTC joined Gemini in filing a motion for relief from a 2025 consent order stemming from the agency's previous enforcement action.
The regulator went back to analyze the 2022 case and decided that it wouldn't have been pursued under current management and practices.
The Winklevoss twins donated $21 million worth of Bitcoin to a political action committee supporting US President Donald Trump’s re-election campaign, underscoring just how deeply committed the Gemini co-founders are to the cryptocurrency’s future. Related Reading: Bitcoin Treasury Company Nakamoto Takes Action To Prevent Stock Slide A Debt Clock That Never Stops That political move now sits alongside a fresh statement from Cameron Winklevoss, who took to X on May 22 to declare there are “39 trillion reasons to buy Bitcoin.” He was pointing directly at the US national debt, which has climbed to over $39 trillion. The remark was brief. The implication was not. 39 trillion reasons to buy bitcoin https://t.co/0E2OvKkNKu — Cameron Winklevoss (@cameron) May 22, 2026 A Fixed Supply Against A Growing Debt Cameron and his brother Tyler have long argued that Bitcoin’s hard cap of 21 million coins makes it a natural hedge against governments that keep spending beyond their means. They call it “gold 2.0,” and they believe that if Bitcoin ever displaces gold as the world’s go-to store of value, the price could eventually hit $1 million. Cameron has a history of flagging what he sees as prime buying moments. When Bitcoin fell below $90,000 late last year, he told his more than 700,000 followers on X that it was a final chance to buy before a rebound. The rebound did not come as expected — Bitcoin slid further and now trades around $74,000. The Debt Argument Gains Ground Across The Industry Cameron is not the only prominent voice tying the national debt to the case for Bitcoin. Jim Cramer urged Americans last year to consider cryptocurrencies as the debt climbed to $37.63 trillion, a point when the National Debt Clock in New York showed each American family carrying a burden of nearly $955,708. Michael Saylor and Anthony Pompliano have made similar arguments, repeatedly framing Bitcoin as a shield against economic uncertainty and ballooning government obligations. The idea is straightforward: as government debt grows and the purchasing power of fiat currencies shrinks, an asset with a fixed supply becomes harder to ignore. Related Reading: New Bitcoin Lows? Analysts Say Chances Are ‘Extremely Slim’ Loud Voices, Clear Interests Gemini is a cryptocurrency exchange, and the Winklevoss brothers have built their business around Bitcoin adoption. Their advocacy and their financial interests run in the same direction. Cameron’s latest post adds one more data point to a narrative the crypto industry has been building for years — that the national debt is not just an economic problem but an argument for holding Bitcoin. Featured image from Pexels, chart from TradingView
Gemini's revenue improved 42% year-over-year to $50.3 million, helping narrow its net loss by 27% from $149.3 million a year earlier.
Gemini posted $50.3 million in total revenue in Q1, pointing to growth in services, OTC trading and its crypto-linked credit card segment.
The previous Bitcoin market top may not have been marked by a dramatic crash or obvious sell signal, but by a highly coordinated, sophisticated wave of whale distribution. While most participants were driven by optimism and bullish conviction, large holders were quietly offloading positions in a way that blended seamlessly into normal market activity. How Whale Distributed Bitcoin Without Triggering Warning Signals The Bitcoin market top last year was less obvious than in past cycles, unfolding through a quiet, highly coordinated wave of whale distribution. ForeDex on X revealed that at a time when BTC participants were filled with optimism and conviction, a whale moved roughly 30,000 BTC to exchanges over 10 days via Galaxy Digital. Meanwhile, most market participants failed to recognize the significance of these flows. Related Reading: Bitcoin Supply Shock: 100,000 BTC Vanish From Exchanges In Under 90 Days ForeDex explained that BTC was split into smaller amounts and distributed across multiple exchanges, unlike previous cycles. In earlier market tops, large flows often ranging from several thousand to 10,000 BTC were sent directly to platforms such as Coinbase, Binance, or Gemini in a single transaction, making these movements relatively easy to detect. However, after the ETF approval, market structure and trading behavior became more sophisticated. As selling pressure was distributed across different exchanges, the historical exchange-specific sell premium became less reliable. Even the well-known Coinbase-Binance Gap data no longer shows these traces as clearly as it used to. Ultimately, BTC market dynamics are evolving, and new patterns are constantly emerging. Even if some participants had identified unusual flows, the strong optimism and conviction at the peak would likely have led many to dismiss them. Bitcoin Could Face Another Liquidity Sweep To The Downside Bitcoin is showing signs of weakening market structure, with price forming lower highs following the rejection at $82,000. Crypto analyst Kaz has noted that one of the biggest warning signs is the sharp rise in Open Interest (OI) that is aggressively occurring, and both perpetual and spot Cumulative Volume Delta (CVD) are trending downward, indicating bullish traders are already starting to get squeezed out of the market. Related Reading: 14,600 Bitcoin Sold in Profit in One Day: Here Is How BTC’s Own Structure Broke It Below $80K At the same time, bears appear to be actively building short positions, a continuous liquidation that is adding fuel to the decline. Kaz argues that additional long positions could be flushed out, as perpetual and spot CVDs are currently declining, and there is still long liquidation at the downside. Currently, BTC is retesting the $80,000 level with the highest OI bearish positioning seen at this level so far. In the bullish case, if price holds above the $80,000 zone and CVD starts rising, the market could trigger a short squeeze back toward the $82,000 resistance. In the bearish scenario, a loss of the $80,000 level, combined with current weak internals, could lead to a liquidity sweep of the lows, with price potentially moving toward testing the point of weak order (pwO). Featured image from Pixabay, chart from Tradingview.com
Gemini's Olympus unit received a key DCO license from the CFTC, enabling it to act as an in-house derivatives clearinghouse.
Gemini referred to the feature as “the first agentic trading tool to be available directly through a regulated US-based exchange.”
The federal regulator has been suing states that seek to curtail prediction markets activity and claim it should be deemed state-regulated gaming.
The Wisconsin DOJ sued Kalshi, Robinhood, Coinbase, Polymarket, and Crypto.com, alleging sports event contracts violate state gambling law.
New York has become the latest state to argue that prediction market contracts touching on sports and entertainment violate state gambling laws.
Arkham data shows 572 BTC moved from Gemini's hot wallet to Winklevoss custody addresses in two transactions in 17 hours, reversing part of last month's $128.5 million deposit.
Interested parties are considering buying select parts of the business, particularly its shuttered European operations, to secure regulatory licenses, rather than pursuing a full takeover.
The price target cut reflects both weaker trading assumptions and a broader compression in exchange valuation multiples.
Gemini is facing a class-action lawsuit in New York accusing it of misleading investors about its strategy before and after its 2025 IPO.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Winklevoss twins moved $130 million in bitcoin to Gemini hot wallets while still holding $764 million worth of BTC, per Arkham.
Crypto-linked equities outpaced the broader market rally, with Gemini shares jumping about 34% and Coinbase climbing roughly 15%.
Mizuho keeps its $26 price target for Gemini and argues cost reductions and a narrower geographic focus could improve margins over time.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Crypto exchange says Marshall Beard, Dan Chen and Tyler Meade are departing effective immediately; Cameron Winklevoss to take on COO duties as board names interim finance and legal chiefs.
Gemini will not replace its COO, with co-founder Cameron Winklevoss absorbing key operational and revenue responsibilities.
Mizuho sees prediction markets and institutional custody as key businesses for Gemini to stabilize revenue beyond spot trading cycles.
The crypto exchange has instructed affected customers to sign up with eToro by the end of March for withdrawals, while deposits and new accounts have been suspended.
Gemini links its latest layoffs to a push for a leaner, more automated operating model, saying increased use of AI lets it run faster with fewer staff.
UK banks are blocking or delaying roughly 40% of payments to crypto exchanges, raising pressure on the UK’s digital asset sector.
The dismissal follows the 100% in-kind return of crypto assets to Gemini Earn investors through the Genesis Global Capital bankruptcy process.
The SEC said Gemini Earn customers had already received 100% of their assets back through Genesis' bankruptcy, warranting the dismissal of the case.