Ian Allison

  Investors Maintain Confidence in BTC and ETH On September 10, international exchange platform Gemini released its 2024 Global Crypto Outlook report, revealing that investors continue to trust in the potential of Bitcoin (BTC) and Ethereum (ETH). This report is based on a survey of 6,000 adults from the United States, the UK, France, Singapore, and Turkey. The data shows that sentiment around cryptocurrency remains positive, both among current and former owners. 57% of respondents feel confident about integrating digital assets into their investment portfolios. Notably, 27% of individuals who have previously owned crypto expressed optimism, indicating a possibility of their return to the market. Additionally, 62.5% of investors believe BTC and ETH prices will continue to rise over the next five years. Moreover, 55% of current crypto owners are more optimistic about the market's future compared to before the 2022 crypto winter. The majority of surveyed investors also maintain a pos...

  Gemini Announces Exit from Canada Amid New Regulatory Restrictions In a significant development for the North American cryptocurrency industry, Gemini has announced its decision to exit the Canadian market, joining a growing list of exchanges making similar moves. This follows in the footsteps of Binance and OKX, as several platforms opt to leave Canada due to recent tightening of cryptocurrency regulations. Canada's regulators recently approved a set of new rules for cryptocurrency exchanges, which have led several prominent platforms to announce their departure from the country. A recent email sent to Gemini users confirmed that the exchange would no longer serve Canadian customers, making it the latest exchange to follow this trend. The new government regulations have become a major point of contention in the crypto world. As cryptocurrencies grow in popularity, these regulations are increasingly important. Countries are taking clear positions on how they view crypto and its r...