Gemini Crypto Exchange Cuts 25% of Workforce, Exits Europe and Australia
Gemini Space Station announces 200 job cuts and exits UK, EU, and Australia markets as part of $11M restructuring to focus on US and Singapore operations.
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Coinbase Buys The Clearing Company to Expand Prediction Markets
Coinbase acquires The Clearing Company to strengthen its prediction markets platform, bringing in expert team from Kalshi and Polymarket as part of its "Everything Exchange" strategy.
Citigroup Predicts Major Crypto Rally: Bitcoin to Hit $143K, Ethereum $4.3K
Citigroup forecasts bitcoin reaching $143,000 and ethereum $4,304 within 12 months, citing regulatory improvements and growing adoption despite recent market volatility.
Gemini Gets Green Light for Prediction Markets in the US
Gemini receives CFTC license to launch prediction markets for US customers.
Gemini’s Stock Falls After IPO as Q3 Losses Mount Despite Revenue Growth
Gemini’s shares drop 16% after Q3 results show $159.5M loss. Despite record credit card growth and rising revenue, high marketing costs weigh on results.