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US-based crypto exchange platform Gemini is reportedly mulling over pursuing an initial public offering (IPO) in 2025. According to a new report by Bloomberg, anonymous people familiar with the matter say the billionaire Winklevoss twins’ crypto firm is considering launching an IPO sometime this year. An IPO is when a company sells shares of its own stock to the public for the first time as a means of raising funds. Though the talks are still ongoing, no firm decisions have been made on the matter, the people said, according to the report. Earlier this year, Tyler and Cameron Winklevoss agreed to pay the U.S. Commodity Futures Trading Commission (CFTC) a $5 million fine to end the regulatory agency’s lawsuit against them after they were sued for allegedly making false or incomplete statements. The Winklevoss’ are mulling launching the IPO as President Donald Trump reshapes the regulatory crypto landscape via executive actions. The twins – who once referred to former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler as an evil man with “sociopathic ambition” – donated heavily to Trump’s campaign, noting that Kamala Harris would have been disastrous for the industry. At the time, it was reported the twins sent $1 million worth of Bitcoin ( BTC ) to the Trump campaign. Gensler resigned from his post a day before Trump was inaugurated. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/Aleksandr Kukharskiy The post US-Based Crypto Exchange Gemini Considering IPO Launch Later This Year: Report appeared first on The Daily Hodl .
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Market Trends Ignite Speculation: What’s Next for XRP, DOGE, SOL, and PEPE Coin?
BTC price volatility continues to create uncertainty in the market. XRP and DOGE show unique responses to recent market shifts. Continue Reading: Market Trends Ignite Speculation: What’s Next for XRP, DOGE, SOL, and PEPE Coin? The post Market Trends Ignite Speculation: What’s Next for XRP, DOGE, SOL, and PEPE Coin? appeared first on COINTURK NEWS . The Daily Hodl
According to Surprise Metrics, Bitcoin’s Decline Was Known Days Ago, So When Will BTC Price Recover?
Cryptocurrency analytics firm Alphractal has detected a local top in Bitcoin price, citing multiple on-chain indicators that signaled weakness prior to the recent drop. In a new report titled “4 Metrics That Indicate Bitcoin’s Local Top,” Alphractal outlined key factors that suggest Bitcoin has reached a near-term top, with signals pointing to December 16, 2024, as a pivotal moment. Related News: Are Altcoin Spot ETFs Coming, Including Solana (SOL) and Litecoin (LTC)? Bloomberg Analysts Comment According to the analytics firm, the metrics that predicted the Bitcoin price drop were: 2Y SMA Multiplier – Based on Bitcoin’s two-year moving average, this metric has historically tracked price cycles. According to Alphractal, Bitcoin has been showing weaker growth over time, and a trendline resistance emerged in mid-December that signaled a local top. MVRV Z-Score – A measure of realized value relative to market cap, this indicator helps identify overbought and oversold conditions. Alphractal noted that Bitcoin is encountering resistance at a key trend line that lines up with past local highs. Reserve Risk Indicators – Metrics such as VOCDD, MVOCDD, and Reserve Risk evaluate long-term holder behavior. The MVOCDD Signal in particular acted as a classic local top warning, indicating that seasoned investors were beginning to reduce exposure. On-Chain CapFlow Sentiment Index – This metric combines realized capitalization and momentum indicators to track the strength of coin flows. A weakening trend has been detected, suggesting that experienced holders are offloading coins. Related News: Are Altcoin Spot ETFs Coming, Including Solana (SOL) and Litecoin (LTC)? Bloomberg Analysts Comment Despite these bearish signals, Alphractal explained that Bitcoin could recover in the next three months. However, for now, the market remains at a decisive moment with high volatility ahead. *This is not investment advice. Continue Reading: According to Surprise Metrics, Bitcoin’s Decline Was Known Days Ago, So When Will BTC Price Recover? The Daily Hodl
