Bad gifts are temporary. Bitcoin is forever. https://t.co/QppDfai5ht ...

RT Emmett Gallic (@emmettgallic)Entity linked to Ross Ulbricht holding 86K $BTC ($8B) is rotating funds in Coinbase Prime custody.11K $BTC moved so far.Rotations are routine, typically security protocols, but timing is notable given the $3M Silk Road movement and deposit into Coinbase Prime earlier. https://t.co/8SeLTNTbe1 ...

Bitcoin continues to drift toward the lower bound of its recent trading range with any increase in the price seen being met by selling from investors who purchased the largest cryptocurrency near the all-time high reached in early October. https://t.co/0AmMygrtHu ...

A CryptoUK spokesperson told Decrypt the proposed restrictions “risk undermining the UK’s ambition to lead in digital finance.” https://t.co/SeeBe1bPec ...

Core Insights - Gemini Space Station operates as a leading cryptocurrency exchange and custodian platform, facilitating the buying, selling, storing, and trading of digital assets like Bitcoin and Ethereum, while also offering advanced features such as derivatives trading and NFT services [1][2] Group 1: Company Overview - Established in 2014, Gemini Space Station is headquartered in New York City, USA [2] - The platform serves approximately 523,000 monthly transacting users and 10,000 institutions across more than 60 countries, holding money transmission licenses in all 50 U.S. states [1] Group 2: Stock Performance - Gemini Space Station trades near $14, with a 52-week range of $9.67 to $45.89, reflecting a significant decline of over 60% from its post-IPO highs [3] - Despite a recent jump of more than 19% over the last five days, the stock has dramatically underperformed compared to the broader U.S. equity market [3] Group 3: Financial Results - For Q3 FY2025, Gemini Space Station reported revenue of about $49.8–$50.6 million, more than doubling year over year and approximately 50%+ sequentially, slightly exceeding analyst expectations [4] - The company posted a GAAP net loss of $159.5 million, resulting in an EPS of $6.67, which was significantly worse than the consensus loss of around $3.2 per share, indicating a sizable negative earnings surprise [4] Group 4: Operating Performance - Net revenue increased by about 52% quarter-over-quarter, driven by higher trading volumes and the rapid adoption of its crypto credit card [5] - Operating expenses rose to roughly $171 million, more than doubling year over year due to IPO-related stock-based compensation and investments in marketing and technology, leading to negative operating and net margins [5]

If $BTC hits $95,000 in the next 24 hours, we’ll follow every account that engages with this tweet. ...

Core Viewpoint - Major crypto companies, including Ripple and Circle, have received preliminary approval from a top banking regulator to establish national trust banks, which could enhance the integration of digital assets into the banking system [1][2]. Group 1: Regulatory Approval - The Office of the Comptroller of the Currency (OCC) conditionally approved national trust bank charters for Circle and Ripple, along with applications from BitGo, Paxos, and Fidelity to convert state trust bank charters to national charters [2]. - Final approval from the OCC is still required before these trust banks can commence operations [2]. Group 2: Operational Capabilities - If finalized, the national trust bank charters will enable these companies to manage and hold assets for customers and facilitate faster payment settlements [3]. - The charters do not permit these companies to accept cash deposits or issue loans [3]. Group 3: Industry Perspectives - Comptroller of the Currency Jonathan Gould stated that new entrants into the federal banking sector are beneficial for consumers, the banking industry, and the economy [4]. - The banking industry has expressed concerns, urging the OCC to reject some applications, citing potential systemic risks and a preference for lighter regulatory oversight by crypto companies [4].

Faced with these realities, Vanguard capitulated. The firm still won't launch its own crypto funds, sticking to its core indexing philosophy. However, it now serves as a gateway for clients to buy crypto ETFs from other issuers like BlackRock, Fidelity, and Bitwise.Externally, regulations around crypto developed significantly. Under a more innovation-friendly administration, the SEC eased its stance and approved multiple spot crypto ETFs. Competitors like Fidelity, Charles Schwab, and traditional banks move ...

🎬 WATCH: Crypto’s frontier has been wild. Everyone remembers the exploits. The rug pulls. The major meltdowns.OKX is here to change that reputation, with the help of Hollywood.Their groundbreaking film, The Mild Mild West, spotlights security-driven infrastructure as a call for cleaner rails and a more grown-up industry. Starring Vincent Cassel and Chazz Palminteri. Enjoy.[Brought to you by @OKX] ...

Group 1 - Tesla (TSLA) stock rose 0.8% to 450.63, briefly topping an early entry at 458.87 during trading, ahead of CEO Elon Musk's deadline to remove safety monitors from Model Y robotaxis by year-end [6][9] - Rivian outlined its roadmap for its autonomous driving platform, which has positively impacted its stock performance [7] - Donald Trump's potential loosening of federal restrictions on marijuana stocks has led to a significant increase in stock prices, with reports of a $3.68 billion infusion and 400% earnings growth [8] Group 2 - The Dow Jones futures experienced fluctuations as the Federal Reserve's decisions loom, with notable movements in stocks like Tesla, Nvidia, and Netflix [11] - Oracle's stock faced a decline due to concerns over AI spending, indicating market volatility in tech stocks [11] - Tesla is heavily investing in autonomous driving and AI technologies, positioning itself as a leader in the sector [11]