Gemini, the trading platform owned by the Winklevoss twins has announced that Bitcoin Cash and litecoin, as well as others will be added to their platform in the near future.
The famous Bitcoin billionaires made the announcement at the annual CBOE Risk Management Conference. Such announcements usually cause a rise in price for the Cryptos concerned. I would expect both Litecoin and Bitcoin Cash to rise in the coming weeks, especially once a date is given as to when the Cryptos would be added.
Gemini are looking to compete with all major exchanges, including Coinbase – the addition of Bitcoin Cash and Litecoin will certainly assist.
The Winklevoss twins also appear to remain bullish on Bitcoin and expect Wall Street to begin to get more involved in Cryptos. I would suspect that this will happen once more regulation is in place.
Regular readers will know that we believe Bitcoin Cash (BCH) is one to look out for this year. The teams involved in BCH are doing a lot both openly and behind the scenes to advance the Crypto that they claim is the original Bitcoin. Craig Wright has been vocal of the developments BCH are working on. The chief scientist of Nchain, Craig Wright, has stated that they are applying for blockchain patents which will only be available free to Bitcoin Cash.
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We are not investment or financial advisors and are here to provide news and our opinions. Please be fully informed regarding the risks and costs associated with trading the financial markets and the Cryptocurrency market, it is one of the riskiest investment forms possible.