Gemini Dollar

Huobi’s Formerly Dead Stablecoin Is Alive Again, $5M HUSD Minted in Last Week (beincrypto.com) 02/14/2020 - 11:55am
Huobi’s stablecoin HUSD is apparently alive after a long period of inactivity. In just the past week, around 5,000,000 Huobi USD (HUSD) has been minted. Huobi USD (HUSD) is a relatively unknown stablecoin for which data is hard to come by. The project was announced in late 2018 as an attempt by Huobi to eat up a larger share of the market with its...
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Tether Burns $102M: Is Bitcoin’s Rally Almost Over? (beincrypto.com) 02/05/2020 - 2:18pm
Tether Treasury has just completed one of its most significant USDT burns ever. 102,155,590 USDT was reportedly just redeemed and then destroyed. Tether Treasury’s USDT issuances are a common occurrence in the cryptocurrency market. They’ve been linked to Bitcoin’s price with an accuracy rate of around 70% for predicting rallies , as previously...
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BitPay CEO Hints at Using Lightning Network in The Future (insidebitcoins.com) 02/04/2020 - 12:23pm
Stephen Pair, the CEO of BitPay, recently dropped some hints about the future of his platform. He said that the platform might soon integrate Bitcoin Lightning Network (LN) and add support for more digital currencies . Pair reveals it all Talking to CoinTelegraph, Pair said that the platform is interested in adding several more cryptocurrencies to...
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BlockFi Sees Interest Rate Adjustment Thanks To Bullish Markets (insidebitcoins.com) 01/24/2020 - 8:27am
BlockFi stands as one of the first crypto startups to offer lending services within the crypto market. On Thursday of this week, the company made an announcement regarding their interest rates. In particular, the company will be changing the yields of the lending program with regards to Ether (ETH) and Bitcoin (BTC) . These changes are set to...
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Payment processor BitPay added support for Ripple’s XRP (invezz.com) 01/23/2020 - 1:59am
Now that BitPay has added XRP to its list of supported cryptos — alongside the coins such as Bitcoin, Ethereum, Bitcoin Cash, Tether, Gemini Dollar, and Paxos Standard — the coin’s users will be able ...
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Ripple’s XRP Has Been Officially Added by Bitpay for Thousands of Merchants (coinspeaker.com) 01/22/2020 - 2:27pm
Coinspeaker Ripple’s XRP Has Been Officially Added by Bitpay for Thousands of Merchants In October 2019, blockchain payment company BitPay announced the support for XRP. XRP now is the world’s third-largest cryptocurrency by market capitalization. At the time of writing, its market capitalization was $10,295,012,141 and the XRP price was $0.2361...
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BitPay Integrates XRP as a Payment Option (coinfo) 01/22/2020 - 7:09am
Atlanta-based leading cryptocurrency payments giant, BitPay has finalized its 2019 deal to Integrate XRP, as a payment option on its cross-border payment, and merchant processing platform. Following the announcement , BitPay’s customers can now pay for purchases and invoices using the Ripple native cryptocurrency, which was supposedly designed for...
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BitPay adds support for XRP (theblockcrypto.com) 01/22/2020 - 1:15am
Blockchain payments processor BitPay has added support for XRP, the world’s third-largest cryptocurrency by market capitalization. XRP has been integrated on BitPay's platform via Ripple’s open developer platform, Xpring. The two companies first partnered on the initiative in October. At the time, Sean Rolland, BitPay’s director of product, said...
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Winklevoss Twins Anticipate a Bitcoin Surge Following the Halving  (insidebitcoins.com) 01/16/2020 - 4:33pm
Cameron and Tyler Winklevoss, co-founders of the Gemini Trust and owners of several cryptocurrency entities (including but not limited to the Gemini Exchange and the Gemini Dollar), are making a bullish case for Bitcoin in 2020, with their primary premise hinging on halving. Yesterday, Forbes Magazine columnist and talk RADIO commentator Billy...
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Winklevoss Twins Anticipate a Bitcoin Surge Following the Halving (insidebitcoins.com) 01/16/2020 - 11:05am
Cameron and Tyler Winklevoss, co-founders of the Gemini Trust and owners of several cryptocurrency entities (including but not limited to the Gemini Exchange and the Gemini Dollar), are making a ...
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Snapshot of Stablecoin Performance – Tether, USD Coin, Dai: CoinGecko Report (dailyhodl.com) 01/13/2020 - 10:15pm
HodlX Guest Blog Submit Your Post In general, Tether ( USDT ) was the dominant stablecoin in 2019, and entered 2020 even stronger. Among the top 5 stablecoins, Maker’s multi-collateral DAI proved to be the most volatile. Stablecoin Dominance Tether (USDT) continued to dominate the stablecoin market in 2019 despite being dogged with allegations of...
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Bitcoin com to Launch $50 Million IEO, Todd Rape Defamation Motion, NBA Star’s Tokenized Bond (coinspice.io) 01/11/2020 - 9:48am
TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Bitcoin.com to launch $50 million IEO. Former Bitcoin Core dev Peter Todd’s rape defamation lawsuit is updated. Spencer Dinwiddie’s token to launch next week. PayPal reveals high severity password vulnerability. China completes the design of its digital currency, and...
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These 4 Trends Will Shape The Blockchain Industry In The 2020s (bitrates.com) 01/10/2020 - 5:24pm
It’s 2020, and the word “blockchain” has become much more than just a buzzword associated with Bitcoin and crypto. The word is now gaining traction in the offices of large tech companies, world governments, central banks, militaries, and NGOs as organizations begin to see its potential across a wide range of applications. In the decade ahead,...
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Bitcoin Will Shatter All-Time High in 2020, Says BitPay Executive – BTC, XRP, Litecoin Updates (dailyhodl.com) 01/09/2020 - 4:15am
From a bullish Bitcoin call by BitPay’s Sonny Singh to new support for Litecoin, here’s a look at some of the stories breaking in the world of crypto. Bitcoin BitPay chief commercial officer Sonny Singh says he thinks Bitcoin will hit $20,000 this year – but not because of the upcoming halving. In a new interview on BloombergTV, Singh predicts...
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The Stablecoin War Between Coinbase and Binance (cryptobriefing.com) 01/09/2020 - 1:24am
Coinbase and Circle are facing off against Binance in what could be a battle of stablecoins, and ultimately a war for the highly regulated and lucrative U.S. market. Battle of the Titans With Binance creating a U.S.-based exchange last September to service American customers, the industry found itself with two of its leading exchanges pitted...
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You Can Now Buy, Sell Stablecoins on Canadian Bitcoin ATMs (bitcoinist.com) 01/08/2020 - 8:00pm
The crypto ATM of Instacoin now offer dollar-pegged stablecoins for deposit and withdrawal, including the much-disputed Tether (USDT). The leading crypto ATM operator in Canada will add a total of seven stablecoins to its devices. ATM Selection Covers Most Major Stablecoins The selection goes beyond USDT, which is the most liquid and widely used...
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North America Gets Most Crypto Investment in 2019, HEX Price Drops, Wu No Longer Bitmain Legal Rep (coinspice.io) 01/06/2020 - 9:16am
TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. North America received most crypto investment in 2019. HEX prices go under 1 satoshi. Jihan Wu is no longer the legal representative of Bitmain. Bitcoin not traded at a $24,000 price premium in Iran. Travala scores 33% growth in December with 60% of its payments received...
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Binance USD Stablecoin Pleases Tough New York Regulators (s32659.pcdn.co/binance-usd-stablecoin-new-york-regulators/) 01/06/2020 - 5:30am
\n Binance’s USD-backed stablecoin, BUSD, has received approval from the notoriously-stringent New York regulatory body, the New York State Department of Financial Services (NYDFS). The USD-backed stable coin is directly tied to the United States Dollar on a 1:1 basis and provides users with the chance to digitize their money. $BUSD – #Binance 's...
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Binance USD Stablecoin Pleases Tough New York Regulators (beincrypto.com) 01/06/2020 - 5:30am
\n Binance’s USD-backed stablecoin, BUSD, has received approval from the notoriously-stringent New York regulatory body, the New York State Department of Financial Services (NYDFS). The USD-backed stable coin is directly tied to the United States Dollar on a 1:1 basis and provides users with the chance to digitize their money. $BUSD – #Binance 's...
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State Street ties up with Gemini Trust to examine reporting process of bitcoin and ether (theblockcrypto.com) 12/17/2019 - 8:05am
Financial services giant State Street, having over $32 trillion in client assets under custody and nearly $3 trillion in assets under management, has partnered with cryptocurrency custodian Gemini Trust for a new digital assets trial. Announced Tuesday, State Street said the trial, “the first of its kind,” will examine reporting scenarios for...
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Network of Bitcoin Kiosks Expands, Adds 7 New Cryptos for Consumers (dailyhodl.com) 12/14/2019 - 12:20pm
Canadian cryptocurrency ATM provider Instacoin is adding support for seven different stablecoins, including Tether (USDT), to its network of Bitcoin kiosks. Instacoin says it will also add Ether-backed multi-collateral and single-collateral DAI, Circle USD Coin (USDC), Paxos Standard Token (PAX), TrueUSD (TUSD) and the Gemini dollar (GUSD). Users...
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Binance Adds Fiat Onramp through Paxful P2P Integration (insidebitcoins.com) 12/14/2019 - 5:06am
As always, Binance sees no brakes when it comes to expansion, having its latest achievement be the integration of Paxful , a peer-to-peer (P2P) bitcoin exchange. With this, Binance will enjoy new ways of purchasing Bitcoin. An Exclusively Binance Kiosk The announcement came on Thursday, where it was told that Paxful with providing its Virtual...
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CoinShares: 65% Bitcoin Hashrate From China, BTC Longs Reach ATH, Bitmain Expands to Latin America (coinspice.io) 12/13/2019 - 9:52am
TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. CoinShares finds 65% of Bitcoin hashrate comes from China. BTC longs reach all-time highs on Bitfinex. Binance and Bitmain expand into Latin America. Robinhood launches cash management features, and Travala starts accepting GUSD for payments. CoinShares Finds China...
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Instacoin ATMs Add Support for Six Stablecoins Including Tether (beincrypto.com) 12/13/2019 - 5:32am
A Canadian cryptocurrency ATM operator, Instacoin, has added stablecoins such as Tether to its machines due to high customer demand. The controversial Tether is joining the following stablecoins that investors can pull from the ATM: Both the multi-collateral and single-collateral Dai (DAI) USD Coin (USDC) Paxos (PAX) Gemini Dollar (GUSD) TrueUSD (...
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Nike Patents Tokenized Shoes, Santander Redeems Blockchain Bond, BitPay Embraces Stablecoin Payments (coinspice.io) 12/11/2019 - 9:03am
TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Nike patents tokenized shoes. Santander redeems blockchain bonds on Ethereum. BitPay introduces stablecoin payments. Matic loses 70% of its value in an 30 minutes, and Keybase aborts Stellar airdrop. Nike Receives Patent for Tokenized Shoes Nike received a patent for...
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BitPay Enabling Merchants to Overcome Bitcoin Volatility with Stablecoins (btcmanager.com) 12/11/2019 - 8:00am
BitPay, a leading bitcoin (BTC) and altcoins payments processor established in May 2011, has added support for top stablecoins including Circle’s USD Coin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX). With this significant development, merchants can now receive stablecoin payments for their goods and services without having to...
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Bitpay Now Supports Stablecoins, but Other Challenges Lie Ahead If Bitcoin Is Upgraded (paymentsjournal.com) 12/11/2019 - 5:01am
If so, BitPay support of Circle’s USD Coin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX) may not be the biggest news in the near future: “BitPay, the world’s largest provider of ...
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BitPay Sets Up Worldwide Stablecoin Payments despite the Rage of Regulators (coinspeaker.com) 12/11/2019 - 3:31am
Coinspeaker BitPay Sets Up Worldwide Stablecoin Payments despite the Rage of Regulators Stablecoins are almost completely banned in developed countries and zones like China or the EU. But BitPay claims that they’re launching a worldwide stablecoin payment solution. BP is one of the world’s largest providers of the BTC and BCH merchant API’s. Ever...
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BitPay now lets merchants accept three stablecoins, including Gemini dollar (news.yahoo.com) 12/10/2019 - 6:45pm
Gemini’s managing director of financial operations, Joshua Rawlins, said merchants benefit from “faster, cheaper, and fraud-resistant payment settlement” and consumers benefit from the ease of using ...
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BitPay now supports Gemini Dollar and other stablecoins (bitcoinwarrior.net) 12/10/2019 - 6:02pm
The company’s CEO stated that stablecoins enjoyed the best of both world as they had the reliability of “the dollar but the security and efficiency of blockchain payments,” ...
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BitPay Announces Support for USDC, GUSD and PAX User Payments (cryptobriefing.com) 12/10/2019 - 3:35pm
BitPay, a payment provider offering merchants the ability to accept cryptocurrencies, launched support for several stablecoins. Users will now be able to use USD Coin , Gemini Dollar and Paxos to pay for goods with all on-boarded merchants. BitPay previously specialized on letting sellers accept cryptocurrencies without ever getting exposure to...
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Crypto Exchange Gemini Burns 20% of Stablecoin GUSD’s Supply (thecoinrise.com) 12/05/2019 - 10:26am
The Crypto Exchange Gemini, owned by Tyler and Cameron Winklevoss, has burned roughly 20% of the total supply of its Gemini Dollar (GUSD) stablecoin. The move was spotted by Whale Alert , a Twitter bot tracking large transactions on the blockchains of some of the most popular cryptocurrencies. The token burn is likely related to an institution...
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BlockFi Launches Crypto Trading Platform (cryptobriefing.com) 12/05/2019 - 9:00am
BlockFi, the New Jersey-based DeFi company, has launched a crypto trading platform. The startup’s suite of financial services products now includes BlockFi Trading. BlockFi Trading will roll out trading between its three supported digital assets, the Gemini dollar, Bitcoin, and Ether, before presumably expanding to include a larger number of...
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Crypto Exchange Gemini Burnt One-Fifth of Its GUSD Stablecoin Supply (cointelegraph.com) 12/05/2019 - 1:08am
Cryptocurrency exchange Gemini burnt about one-fifth of its Gemini Dollar (GUSD) stablecoin total supply on Dec. 3. Whale Alert — a Twitter account dedicated to tracking large cryptocurrency ...
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BlockFi Enters Crypto Trading Arena with New Exchange (financemagnates.com) 12/05/2019 - 1:05am
Dubbed BlockFi Trading, the platform will initially allow trading in three digital assets – Bitcoin, Ethereum, and Gemini dollar. With its new product, BlockFi is entering a highly competitive market ...
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Crypto Exchange Gemini Burns 20% of Stablecoin GUSD's Supply (cryptoglobe.com) 12/04/2019 - 1:21pm
The Gemini cryptocurrency exchange, owned by Tyler and Cameron Winklevoss, has burned roughly 20% of the total supply of its Gemini Dollar (GUSD) stablecoin.
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Business development exec involved with Gemini stablecoin exits (theblockcrypto.com) 11/15/2019 - 5:35pm
Sarah Olsen, a managing director at Gemini who played a role in the exchange's stablecoin effort, has left the cryptocurrency exchange, according to sources familiar with the matter. Olsen had been with Gemini since 2017, first serving as the head of business development then the managing director of corporate development, per her LinkedIn profile...
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FBI Director: Crypto a “Significant Problem,” Venezuela President’s Trezor, Ethereum Live on BitPay (coinspice.io) 11/08/2019 - 10:40am
TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. FBI Director raises concern about crypto to Homeland Security committee. Facebook Coin Libra head David Marcus doesn’t think BTC is a currency. Venezuelan President Nicolás Maduro flashes his Trezor on national TV. Malaysia to impose restrictions on cash transactions next...
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Ripple and Ethereum Executives Pummel Libra (livebitcoinnews.com) 10/31/2019 - 8:24am
They’re confident that stable coins like USD Coin (USDC) and the Gemini Dollar have the power to alleviate some of the volatility and price swings often witnessed in the world of mainstream ...
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Libra: Facebook Seems to Be Missing the Roadmap (insidebitcoins.com) 10/24/2019 - 11:57am
Facebook’s CEO, Mark Zuckerberg made an appearance before U.S. congress yesterday, October 23. Zuckerberg in his defense of its proposed Stablecoin pointed out a lot of items that many analysts consider unrealistic. To many on the analytical side, Facebook’s Libra seems impossible. It seems Facebook is oblivious to the many challenges posed on the...
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BitPay Announced That They Will Add Support for XRP Later This Year (coinspeaker.com) 10/03/2019 - 3:37am
Coinspeaker BitPay Announced That They Will Add Support for XRP Later This Year Just recently, BitPay announced that they will add support for XRP later this year. This comes after Ripple’s Xpring launched a new platform with which it now becomes possible to integrate fiat and cryptocurrency payments into any application. BitPay says that they...
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BitPay to add support for XRP cryptocurrency later this year (theblockcrypto.com) 10/02/2019 - 8:30am
Blockchain payments provider BitPay will add support for XRP, the world’s third-largest cryptocurrency by market capitalization, by the end of this year. Revealing the news exclusively to The Block on Wednesday, BitPay said it has partnered with Ripple’s Xpring unit to integrate XRP on its platform so that businesses and merchants can accept the...
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BlockFi Clients Can Now Start Earning Interest On Any Amount of Crypto (cointelegraph.com) 09/13/2019 - 9:53pm
Clients of BlockFi, a cryptocurrency lending company, will now be able to earn interest on any amount of Bitcoin, Ether, and Gemini Dollar
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