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   948

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.

DEAPCOIN IEO to be Held at OKEx on 8.04

The project is planning to raise $2M a the price of 1 DEP on IEO will be $ 0.0025
25 March 2020   969

OKEx Exchange announced Wednesday the 11th initial exchange offering (IEO). It will be conducted by the DEAPCOIN Project (DEP) and will be held on April 8th.

As in previous OKEx campaigns, the selection of participants and the selection of the allocation coefficient will be carried out according to two criteria: the average daily balance of OKB and the trading volume on the exchange. For each of the groups, allocation of 400 million DEP tokens is allocated.

The price of 1 DEP on IEO will be $ 0.0025. Thus, the project intends to attract up to $ 2 million from OKEx users. Trading in USDT and USDK pairs will start on the same day.

The DEP token was released by DEAPCOIN to shape the economy around the PlayMining entertainment platform they are developing, where users can earn cryptocurrency during games. DEP is presented as an ERC-20 standard token, while game items on the blockchain will use the ERC-721 standard.

Despite the generally negative dynamics of the IEO space recently, the token of the previous placement of the OKEx platform - HyperDAO - that passed at the end of February is currently trading almost 3 times higher than the initial selling price.