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   512

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.

Bitfinex to Unveil Tokinex IEO Platform

Information on first campaign will be available this Thursday, May 23rd
21 May 2019   113

Bitfinex cryptocurrency exchange announced the launch of an IEO platform called Tokinex.

The Bitfinex blog reports that information on the first IEO on the new platform will appear already this Thursday, May 23rd. The very same initial exchange offer will take place on June 13.

What it means to be an exchange has evolved to become an entire ecosystem, not just limited to the remit of trading digital assets. We are proud to finally launch Tokinex and bring the opportunity for participation in quality token sales in a fair environment.

Bitfinex Team

To participate in IEO on Tokinex, users of the exchange will have to undergo KYC identification using the Blockpass mobile app. After that, investors will be able to transfer funds from the exchange to the account for the purchase of new coins on the eve of the tokensale.

According to The Block, Bitfinex plans to hold approximately two IEOs per month. In the commentary on the publication's tweet, the representatives of the exchange specified that the new platform would not charge for listing.

Earlier, Bitfinex managed to attract $ 1 billion in private IEO. The LEO token started trading yesterday, May 20.