Senate Blocks Clarity Act in 49-50 Vote, Stalling Crypto Market Rules
Senators failed to reach 60 votes on the Clarity Act. All Democrats and four Republicans stopped debate on digital asset rules.
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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.
Goldman Sachs Cuts Gemini to Sell as Profitability Path Darkens
Weak volumes, smaller customer base and ongoing losses raise profitability doubts.
Gemini Soars After 42% Revenue Jump and $100 Million Winklevoss Investment
Gemini revenue jumped 42%, boosted by services and cards, secured $100M in Winklevoss funding, cut losses, and its stock surged on the news.
Potential Buyers Circle Winklevoss-Backed Gemini for Its Valuable European Licenses
Gemini, backed by the Winklevoss twins, is selling its EU/UK parts for licenses; stock plunged 80% since 2025 IPO.
Gemini Stock Downgraded to Sell by Citi – Profit Challenges and Regulatory Delays Hit Hard
Citi downgrades Gemini to Sell, slashing price target to $5.50 amid stalled CLARITY Act, profitability woes, and crypto market challenges.