Gemini’s new HQ in Ireland as part of Euro expansion
Cryptocurrency exchange Gemini has announced Ireland as its European headquarters amidst regulatory uncertainty in the US.
Taking data from Coin360, we can see that the cryptocurrency markets are holding green after a positive beginning to the week. In this, we’ll briefly explore the token’s movements over the past seven days.
Charts from Bitcoin price broke through the $4000 on Sunday and has been holding the support since, with gradual increments over the past five days. If the token can maintain this, and continue to slowly increase and find new support, then a healthy future is in store.
Looking at the charts over the week of Ethereum, the leading altcoin also saw a spike in price over the weekend. After spiking to around $143, Ethereum price has settled to hover around the $140 mark with few dips and increases in either direction.
Ripple’s XRP has been showing more volatility than Bitcoin and Ethereum over the past week. The token has seen spiking trends over the past week; coupled with the increase over the weekend.
Unlike Ripple, Litecoin has been steady in its movements and has been hovering around the $60 mark since Sunday. Although the Litecoin price increase following the trend of Bitcoin, it has been slightly dramatic than the leading cryptocurrency token.
Cryptocurrency exchange Gemini has announced Ireland as its European headquarters amidst regulatory uncertainty in the US.
According to the European System Risk Board, cryptocurrency might not be linked to traditional finance but still requires more oversight.
Those in positions of government authority will be required to declare their cryptocurrency holdings if a new bill is passed.
Russian lawmakers have proposed significant amendments to the ruble digital currency, allowing non-residents to participate using the CBDC.