gemini38

what's gemini?

Gemini is a cryptocurrency exchange and custodian founded in 2014 by Cameron and Tyler Winklevoss. It operates as a regulated platform under a New York State BitLicense, emphasizing security, compliance, and institutional-grade services. Users can buy, sell, and store major cryptocurrencies like Bitcoin and Ethereum, with features including API support, FIX protocol for trading, and a stablecoin called Gemini Dollar (GUSD) pegged 1:1 to the US dollar. The platform prioritizes transparency and risk management, having completed SOC 2 audits and holding client assets in cold storage. Gemini supports a range of trading pairs and has expanded to offer staking, lending (historically), and custody solutions for institutions. It differentiates itself through its focus on regulatory adherence, making it a trusted option for both retail and professional traders in the US and select international markets. Gemini's infrastructure includes advanced surveillance tools to prevent market manipulation, and it has pioneered approvals for assets like Ethereum and Ethereum Classic. The exchange continues to evolve with global expansions, such as registrations in regions like Australia, while maintaining a commitment to user protections and innovation in the crypto ecosystem.

Snapshot

Gemini owes $330M+ BTC to Winklevoss Capital and runs a trading incentive program.

3D ago
RISK ALERT

Owed 4,619 BTC (worth over $330M at current prices) in outstanding debt to Winklevoss Capital Fund LLC as of December 2025.

FINANCIAL EVENTOfficial

Runs an incentive program on Gemini Predictions offering rewards up to $100 based on trade volume, with $5 earned per 5 eligible trades placed (e.g., 5 trades earns $5, 100 trades earns $100).

1W ago
TEAM UPDATE

Added DebasishXBera to build new features and tools for Advanced Trading.

TECH EVENT

Released new order modification functionality in Active Trader, allowing users to drag order lines on charts to modify price and click order line pills to modify quantity.

WHALE ACTIVITY

Empery Digital (formerly Volcon) transferred 1,795 BTC ($122.5M) to Gemini on 2026-04-01.

2W ago
WHALE ACTIVITY

A whale transferred 5,500 BTC ($366M) that were withdrawn from Gemini 6 years ago at an average price of ~$7,129, moving them to new wallets after 5 years of inactivity.

TECH EVENT

Released a new REST API endpoint enabling multi-network withdrawals for USDC, USDT, ETH, and RLUSD.

PARTNERSHIPOfficial

Partners with Plaid.

MARKET ACTIVITY

Launched BONK perpetual futures with 100x leverage.

3W ago
MARKET ACTIVITY

Shares rose approximately 7% in after-hours trading to $6.45 following the workforce reduction announcement.

REGULATORY

Faces class-action lawsuit by shareholders in New York, alleging Winklevoss twins misled 2025 IPO investors, with stock down 82% since September listing, citing pivot to prediction markets, layoffs, restructuring, departures, and international market exits.

ONCHAIN METRICS

Market share fell below 1%.

FINANCIAL EVENT

Lost $585M net for 2025.

FINANCIAL EVENT

Generated approximately $60 million in revenue during Q4 2025.

REGULATORYOfficial

Secured DCM (Derivatives Clearing Organization) license from CFTC for predictions in 2025.

ONCHAIN METRICSOfficial

Achieved over 116,000 credit card signups in 2025.

OPINION SPECULATION

Citi downgraded stock from Neutral to Sell, cut price target from $13 to $5.50 on March 19, 2026, citing profitability still years away.

1M ago
TEAM UPDATE

Held compliance leadership roles at Gemini in the past, according to newly appointed BinanceUS CEO Stephen Gregory's background.

PARTNERSHIPOfficial

Launched a Zcash Mastercard, leveraging Mastercard's Crypto Partner Program joined March 11, 2026, for integrating digital assets into payment rails.

WHALE ACTIVITY

Cameron and Tyler Winklevoss transferred $130M BTC to Gemini's hot wallet on March 10, 2026, reducing personal holdings to 8,757 BTC.

TECH EVENT

Released new hourly UI feature on Gemini Predictions.

MARKET ACTIVITY

experienced capital outflows in February 2026 as part of a group totaling -$633.46M alongside Bybit and HTX

UNCATEGORIZED

Participates in a 90-day incentive campaign for the ctUSD and GUSD pool in partnership with Merkl, Satsuma DEX, and Generic Money, with current APR at approximately 100%.

VISIBILITY EVENT

Launched the first Gemini Quant Leaderboard Competition with 100 university teams trading live on the platform, each starting with $3,000.

MARKET ACTIVITY

Listed TRX for trading, enabling deposits and withdrawals.

TECH EVENT

Added over 20 new prediction markets across golf, hockey, tech, jobs/unemployment, weather, crypto legislation, and US GDP categories on February 25, 2026.

PARTNERSHIP

Partnered with @sethforsgren to bring new functionality to Gemini.

MARKET ACTIVITY

Share price declined 80% from post-IPO high according to Bloomberg.

WHALE ACTIVITY

Received a deposit of 650.76 BTC ($43.05M) from whale wallet bc1q9c after 3 years of inactivity.

TECH EVENT

Added support for funding prediction market trades with both crypto and credit cards.

TEAM UPDATE

Replaced COO, CFO, and Chief Legal Officer.

VISIBILITY EVENT

Hosted Hacker House at EthereumDenver with BoilerBlocks and BoilerChain, featuring a six-figure prize pool and 60 Purdue students, with two Purdue teams placing in the top ten.

2M ago
TECH EVENT

Provides AI services to the US government, featuring Gemini 3 video vision capabilities.

MARKET ACTIVITY

Launched staking services in New York with rewards up to 6% APR on February 10, 2026.

VISIBILITY EVENT

Participated in the XRP Community Day Americas XRP Innovation Spotlight panel on February 9th at 3:00 PM ET to discuss current XRP usage and upcoming roadmap plans.

VISIBILITY EVENT

Runs a Super Bowl promotional giveaway offering $250 in BTC to one random winner, with selection scheduled for February 10th, 2026.

MARKET ACTIVITY

Seeks buyer, exits UK, EU, Australia markets following license shutdowns, enters withdrawal-only mode March 5, 2026, with complete shutdown April 6, 2026.

TEAM UPDATE

Reduced workforce by 30% to 445 employees since January 2026, citing difficult market conditions and AI, amid industry-wide reductions, pivoting to AI-driven productivity and prediction markets.

ONCHAIN METRICS

Processes over 10 billion tokens per minute via direct API use by customers.

ONCHAIN METRICS

The Gemini App crossed 750 million monthly active users.

ONCHAIN METRICS

Recorded $214M in 7-day net inflows as of early February 2026.

ONCHAIN METRICS

Reached 7 million increase in mobile daily active users since the start of 2026.

PARTNERSHIP

Joined Canton Network as a Super Validator with 2 validators.

FINANCIAL EVENT

Launched the Gemini Content Community program that rewards content creators based on views for creating and sharing Gemini-related content.

WHALE ACTIVITY

Whale moved $397 million worth of ETH to Gemini during the week of January 20-27, 2026.

VISIBILITY EVENT

Represented at InnovateDenver conference on February 18, 2026 during ETHDenver, with Elaine Song speaking at the event.

WHALE ACTIVITY

Received a deposit of 50,000 ETH (worth $145.25 million) from a whale wallet that had been dormant for 9 years, potentially linked to Bitfinex.

TECH EVENT

Nifty Gateway, acquired by Gemini in 2019, will officially close on February 23, 2026, and has entered withdrawal-only mode immediately.

REGULATORY

The SEC dismissed its civil enforcement action against Gemini.

VISIBILITY EVENT

Hosting an in-person hackathon in San Francisco on 2026-01-31 with Google DeepMind.

3M ago
PARTNERSHIP

Partners with Google to enable Walmart customers to purchase products through Gemini.

MARKET ACTIVITYOfficial

Launched short trading on margin with up to 5x leverage for BTC/USD, ETH/USD, SOL/USD, and XRP/USD pairs.

TECH EVENT

Integrated with Gmail through multiple new integrations.

FINANCIAL EVENT

Donated $21 million to Trump-backed MAGA Inc. PAC ahead of U.S. midterm elections.

PARTNERSHIP

Integrated with Morpho's lending network to power its Earn/Loans offerings.

MARKET ACTIVITY

Launched trading and custody support for BNB token.

REGULATORY

Blocked by Philippine ISPs following National Telecommunications Commission order citing lack of authorization from Bangko Sentral ng Pilipinas, as part of restrictions on approximately 50 unauthorized trading platforms.

TECH EVENT

Launched the Gemini Wallet, a self-custody wallet for users to manage digital assets onchain.

MARKET ACTIVITY

Launched Tokenized Stocks in the European Union with zero trading fees, bringing equities onto the blockchain.

MARKET ACTIVITY

Launched Index Perpetual Contracts in Singapore and added PayNow and FAST funding options for Singapore users.

MARKET ACTIVITY

Introduced USD rails for UK institutional customers.

PARTNERSHIP

Custodied Empery Digital's $500 million BTC placement and facilitated their bitcoin purchases and derivatives trades.

REGULATORY

Obtained Markets in Crypto Assets (MiCA) and Markets in Financial Instruments Directive II (MiFID II) licences in the EU.

MARKET ACTIVITY

Integrated into Gate's Simple Earn program offering up to 200% APR for new users.

REGULATORY

Joined 125+ companies in urging U.S. Congress to maintain the GENIUS Act without changes to preserve legal stablecoin rewards and innovation provisions.

MARKET ACTIVITY

Accepted as a payment option alongside USDT for Gate Launchpad #5 (Kodiak token sale) running from December 19, 08:00 to December 21, 08:00 UTC.

Predictions launched mid-December 2025, live across all 50 US states, reached 10,000+ users and $24M+ in volume.

4M ago

Stock surges nearly 14% following the announcement that prediction markets can now be offered in the US.

CFTC issues no-action letter to Gemini providing conditional relief from certain recordkeeping and data-reporting requirements for prediction-market and derivatives services, with no enforcement action as long as specified compliance conditions are met.

GEMI now holds US license for prediction markets, valued at $1.5B with 13% short interest.

The Commodity Futures Trading Commission approved the application for a derivatives exchange, allowing entry into prediction markets, with the stock rising 15%.

The project became a prediction market stock.

GEMI became a Predictions Market stock overnight.

Refocuses on custody services and launches prediction markets platform with CFTC Designated Contract Market approval.

Tyler Winklevoss appointed to CFTC's 35-member Innovation Advisory Committee on February 13th, 2026, for crypto and prediction market regulation, derivatives market structure including tokenization, perpetuals, 24/7 trading, blockchain-based infrastructure, and digital asset oversight.

Gemini adds support for Ripple's stablecoin RLUSD on the XRP Ledger (XRPL).

Platform expands to Australia, adding AUD support for deposits and trading across 70+ cryptocurrencies including its ActiveTrader® platform.

Gemini completes a $425M IPO fundraise in 2025.

GEMI operates as a newly public company and expands aggressively to capture market share in the increasingly competitive crypto exchange landscape.

Spot trading volume on the exchange grew from $33 billion to $49 billion during the period when total CEX spot volume hit a record $13.1 trillion.

Gemini appointed as primary custodian for VanEck's spot Solana ETF (VSOL), which launched November 17, 2025 on Cboe BZX Exchange with $10 million in seeded assets.

Gemini sponsors David Gokhshtein's media brand, which reaches 2.63M audience members with 1.85M show viewers and 2.3M views on X clips.

Gemini launches 4% APR earning program for GUSD and RLUSD.

Platform offers 4% APR on RLUSD and GUSD stablecoins for passive rewards.

A Polymarket trader earned +160k by successfully betting on the exact timing of the Gemini 3.0 launch.

The Gemini credit card provides 4% cashback on gas purchases, with rewards paid in ZEC (Zcash) cryptocurrency.

$GEMI token down 65% from IPO price in 2 months and 80% from launch day high, following an oversubscribed IPO.

Text generation is fully functional, with users able to create customized charts and article content in twenty seconds.

Crypto trader pakpakchicken (Chicken Genius) deposits 77 ETH (~$218K) to the platform.

App downloads catch up to ChatGPT levels, and users spend more time in the app than ChatGPT users.

New users receive $200 bonus when signing up for the Gemini Credit Card during the holiday promotion.

Gemini Credit Card launches 12-day promotional campaign offering 5% cashback on all purchases.

Gemini can only create new slides but cannot edit multiple slides in a single request, showing functional limitations compared to competitor Claude's more advanced presentation design capabilities. (1993080220497461721)

Market share grows from 23% to 30% following Gemini 3 launch.

Users report Gemini 3 becomes unusable after 9am Eastern, indicating significant performance degradation during daytime hours.

Gemini launches new Google Chrome browser integration with an embedded button that enables direct interaction with links and PDFs without copy-pasting.

Gemini app deploys G3 for thinking mode while fast mode uses G2.5, G3 requires waitlist access in Gemini Code, and G3 is default in Antigravity.

Scenario.gg now supports Gemini 3.0 for visual content generation.

Nano Banana Pro goes live on Gemini app and web, displaying reasoning traces during generation.

Replit integrates Gemini 3 into its newly launched Design mode feature.