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Gemini
Gemini Cuts 10% of Staff, Blames Crypto Winter
Crypto exchange Gemini said that it will lay off about 10% of its employees due to “turbulent market conditions that are likely to persist for some time.” Paul Eisma, XBTO Group head of trading, discusses his outlook on the crypto markets as bitcoin (BTC) struggles to hold above $30,000.

Gemini Cuts 10% of Staff, Blaming ‘Turbulent’ Crypto Market
Cryptocurrency exchange and custodian Gemini will lay off about 10% of its employees, blaming it on the “turbulent” crypto market. “The Hash” panel discusses how layoffs and hiring freezes might affect the momentum of the crypto industry. Plus, what to do if you are left with no jobs.

Luna Foundation Guard’s Reserve Balance Declines to Zero to Defend UST Peg
Luna Foundation Guard (LFG) has moved all of its reserves to bitcoin exchanges to defend its UST stablecoin’s 1:1 dollar peg. LFG’s reserve balance has declined from 80,394 BTC to zero, and the majority has been deposited onto the Gemini exchange. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Gemini Exec on Australia Crypto Spot ETF, Possible US Approval ‘This Summer’
Gemini Global Head of Business Development Dave Abner discusses the state of the crypto markets, as well as its role in helping launch a crypto spot ETF in Australia. Abner also discusses regulatory hesitancy towards spot bitcoin ETFs in the U.S., explaining why he believes one could be approved “this summer.”

Gemini Exec on Bitcoin Hitting $41K, New Crypto Credit Card
Gemini COO Noah Perlman discusses the recent upswing in the crypto markets as investors weigh macro risks. Plus, a conversation about the shifting demographics of crypto investors and Gemini’s new crypto rewards credit card.

Users of Coinbase, PayPal, FTX.US and More Will Be Able to File Crypto Taxes for Free Through TaxBit Network
Utah-based tax software firm TaxBit has launched the TaxBit Network, a supported network of 20 top crypto companies including Coinbase, Gemini and SuperRare, that will allow clients of supported institutions to access 2021 crypto tax forms at no charge. “The Hash” hosts discuss the product and what it means for crypto taxation.

Changing Crypto Trading Patterns Reveal the Market’s Power Shift to the West
A recent blockchain analysis revealed that on Coinbase, Gemini and Kraken, exchanges that are more popular among users in the West, the average weekend bitcoin trading volume is growing relative to the average weekday volume, pointing to a dramatic shift in trading patterns this year from Asia to North America and Europe.

Mastercard Executive Calls New Crypto Rewards Credit Card 'An Act of Brilliance'
During a panel at Consensus 2021, Mastercard's Global Head Of New Digital Infrastructure and Fintech, Jessica Turner, elaborates on a new crypto rewards credit card, in partnership with Gemini, which will allow more people to become involved in the crypto world.

Real Estate Magnate Rick Caruso is Accepting Rent in Bitcoin
Mall magnate and real estate investor Rick Caruso will begin accepting bitcoin payments for commercial and residential rent. Caruso is also partnering with Gemini to explore crypto rewards programs. “The Hash” panel discusses the intersection of crypto and real estate.
