Bitcoin Breaks $70,000 as Trump Pushes Crypto Bill and Shorts Get Squeezed
President Trump hosted top crypto executives at the White House and urged Congress to pass a fair version of the Clarity Act for clearer industry rules.
President Trump hosted top crypto executives at the White House and urged Congress to pass a fair version of the Clarity Act for clearer industry rules.
Weak volumes, smaller customer base and ongoing losses raise profitability doubts.
Gemini revenue jumped 42%, boosted by services and cards, secured $100M in Winklevoss funding, cut losses, and its stock surged on the news.
Gemini, backed by the Winklevoss twins, is selling its EU/UK parts for licenses; stock plunged 80% since 2025 IPO.
Citi downgrades Gemini to Sell, slashing price target to $5.50 amid stalled CLARITY Act, profitability woes, and crypto market challenges.
Gemini, the crypto platform by the Winklevoss twins, faces major executive exits, layoffs, and stock drops amid Bitcoin's big fall.