Winklevoss Brothers Not Refuse to Start BTC-ETF

According to Winklevoss Bitcoin will be able to hold its position as a means of preserving value
09 January 2019   278

The founders of the Gemini exchange, brothers Tyler and Cameron Winklevoss, are “determined to make Bitcoin-ETF a reality.” They stated this during the Ask Me Anything session on Reddit.

According to Winklevoss, in the long run, Bitcoin will be able to hold its position as a means of preserving value, and its capitalization will be able to overcome the $ 7 trillion mark.

Our thesis around bitcoin's upside remains unchanged. We believe bitcoin is better at being gold than gold. If we're right, then over time the market cap of bitcoin will surpass the ~7trillion dollar market cap of gold.

Tyler Winklevoss

Co-founder, Gemini Exchange

In turn, Cameron Winkloss said that cryptocurrencies still need fiat money, but in the future, all assets are likely to go digital.

In addition, the brothers expressed confidence that blockchain technology without cryptocurrency can not be considered wealthy.

Note that the US Securities and Exchange Commission (SEC) has already rejected the application of Gemini to start Bitcoin-ETF twice - in March 2017 and July 2018.

In December the Gemini Exchange introduced a mobile application for the Android and iOS operating systems.

OKEx Exchange to Launch GBP and THB OTC Markets

Thai and UK users should to pass the KYC procedure to start using Over-The-Counter platform
24 January 2019   28

OKEx announced support for the British pound and Thai baht on its over-the-counter platform.

The press release notes that users from Thailand and the UK can go through KYC verification procedures and start using the OTC platform.

Orders can be placed on the over-the-counter platform OKEx by independently choosing the exchange rate and payment options. Currently, this OTC-platform contains Bitcoin, Ether, Litecoin and Tether cryptocurrencies.

In addition to the pound and baht, the platform supports the Vietnamese dong and the Chinese yuan. This year, OKEx promises to expand the list of supported fiat currencies and serviced regions.

Earlier, OKEx launched termless Bitcoin swaps, and then similar tools for Ethereum, Bitcoin Cash, Ethereum Classic and Litecoin.