During the interview with Yahoo Finance, the founders of Gemini cryptocurrency exchange and Gemini Dollar, Cameron and Tyler Winklevoss, shared their insights about their future plans and the volatility in cryptomarkets.
Winklevoss Twins have indicated that it’s pretty normal for a new asset like crypto to be volatile at different points in time and underlined that this happens when people get too excited and the markets get overheated and then is when it corrects.
According to the Crypto Twins, this has been already seen few times since 2012 and it is a part of the cycle but after all, the Bitcoin end up on a better floor than started and this is what truly matters. They also mentioned that the bitcoin’s surge from $400 in 2016 to almost $4000 in 2019 is the right direction for bitcoin.
Going Global and Going Mobile
The founders of Gemini cryptocurrency exchange has also shared their insights about future plans and the upcoming launch of the Gemini exchange in Europe soon.
According to Winklevoss, they are “hoping to open up in Europe soon” and the ‘theme’ for 2019 is “going global and going mobile“.
The Crypto Twins has also indicated that they are hoping to be in more jurisdictions and named United States, United Kingdom, Canada, Singapore, Hong Kong and more undisclosed jurisdictions where they are willing to increase the operational footprint and to extend their platform.
Back in November 2018, Leon Li and Robin Zhu, CEO
Bitcoin’s Volatility Hits an All-time Low
As far ar cryptocurrency volatility is concerned, according to data from Bitcoin Enthusiast Alec Ziupsnys, Bitcoin’s volatility is at an all-time low of 4% from an all-time high of 16%. Fall in the volatility of Bitcoin does indicate that the market is maturing along with the fall in madness for the crypto.