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.
Analysts broadly agree that U.S. crypto exchanges need to diversify beyond spot trading, but differ on whether newer products can meaningfully reduce earnings volatility.
Circle remains the bank's top pick in the sector, with Bullish and Coinbase following.
The CFTC granted the operators of Polymarket, PredictIt, Gemini and LedgerX permission to skip certain recordkeeping requirements.
Gemini said its affiliate Gemini Titan won CFTC approval to operate a Designated Contract Market, allowing the firm to offer regulated prediction markets in the U.S.
Gemini's Designated Contract Market will offer binary event contracts and may expand into other CFTC-regulated derivatives.
The chief executives of firms such as Gemini and Kraken will pitch in on U.S. policy efforts through the council's future, public discussions.
Shiba Inu has recorded a notable surge in spot trading activity on several exchanges over the last seven days. This provides a bullish outlook for the second-largest meme coin by market cap, which has been one of the underperformers in this market cycle. Shiba Inu Sees Surge In Spot Trading Activity CoinGlass data show a 154% surge in Shiba Inu USD spot trading volume on Kraken over the last seven days. There has also been a significant surge on other major exchanges, such as Binance, Bybit, OKX, and Gemini, during the same period. This indicates that spot buyers may be stepping in to defend the SHIB price at a critical support amid the broader crypto market decline. Related Reading: Will A Shiba Inu ETF Follow After Dogecoin? The Lone SHIB Filing Standing Against The Crowd Notably, Shiba Inu is one of the altcoins that are in the green over the last week, suggesting that the bulls may be in control at the moment. CoinMarketCap data shows that the second-largest meme coin by market cap is up almost 7% during this period despite Bitcoin’s choppy price action. Meanwhile, further data from CoinGlass also shows that most leverage traders are currently betting on an increase in the Shiba Inu price, with the long/short ratio currently above 1. However, it is worth noting that derivatives volume is down by over 10% and open interest is down by almost 4%, which presents a bearish outlook for the meme coin. Another positive for Shiba Inu, besides the surge in spot trading volume, is that the Fed is likely to cut interest rates again at this week’s FOMC meeting. This could inject more liquidity into the crypto market, with altcoins like SHIB benefiting from it. Meanwhile, Bitcoin is currently looking to hold above the psychological $90,000 level, which could pave the way for higher prices for SHIB given their positive correlation. Community Gives Update On SHIB’s Progress In an X post, Shiba Inu community member Shibizens gave an update on SHIB’s progress over the last few days. The community member noted that over 45 billion SHIB have been moved off exchanges, indicating that holders are accumulating. Shibizens also alluded to a $35 million whale transfer into a private wallet, suggesting that SHIB whales are also bullish. Related Reading: Will The Shiba Inu Price Hit A New All-Time High In 2025? Machine Learning Algorithm Answers Furthermore, Coinbase is set to launch Shiba Inu futures on December 12 for institutional and retail investors, which could boost the meme coin’s adoption. Meanwhile, NYSE Arca has filed the 19b-4 for T. Rowe’s Shiba Inu ETF, bringing the ETF one step closer to launch. Shibuzens also highlighted upgrades on the Shibarium network, which could provide a major boost for SHIB. This includes the RPC upgrade, while a full privacy upgrade has been confirmed using encrypted tech. There are plans to roll this out by next year. At the time of writing, the Shiba Inu price is trading at around $0.000008498, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Peakpx, chart from Tradingview.com
The U.S. President’s choice to run the CFTC seemed set to sail through Congress, until Tyler and Cameron Winklevoss stepped in.
Crypto industry figures welcomed pro-entrepreneur measures but warned that wider tax and regulatory pressures could hurt UK competitiveness.
Mizuho analysts said Gemini's near-term plans to launch a prediction markets platform and SMB cards act as growth catalysts.
Despite revenue doubling to $50.6 million, Gemini posted a $159.5 million net loss due to high marketing and IPO-related costs.
Despite strong topline performance, shares of GEMI fell more than 11% in after-hours trading to a new all-time low below $15.
The pilot, unveiled at Swell 2025, positions regulated stablecoins like RLUSD as fast, compliant rails for fiat card payments.
The exchange founded by Cameron and Tyler Winklevoss has discussed unveiling products in this area as soon as possible, according to a report on Tuesday.
In May, the exchange filed to launch a derivatives exchange, which may be used for prediction markets trading.
Donald Trump's demolition of the White House's East Wing for a new ballroom was partly backed by high-profile crypto folks who aren't keen on talking about it.
SOL lands on Fidelity's retail trading platform, Gemini launches the Solana edition of its credit card, and $188 emerges as the key support level to watch.
Gemini’s trading growth is slowing despite strong card sign-ups and app downloads, said Citigroup, while Bullish momentum is accelerating.
Crypto heavyweights — including Ripple and Coinbase — are among a list of donors contributing to the new White House ballroom.
The exchange expects new UK rules in 2026, highlighting that many people are still waiting on regulatory clarity before entering the space.
The New York-based exchange is launching a Solana-themed credit card offering users up to 4% SOL token rewards on purchases.
The new Solana edition of the Gemini Credit Card lets users earn up to 4% back in SOL and auto-stake rewards for extra yield.
Gemini's Australia arm is now registered with AUSTRAC.
Analysts are split between buy and hold ratings, with KBW warning Gemini may remain unprofitable through the forecast period despite its rapid growth.