10h ago
Tyler Winklevoss projects optimism as Gemini faces layoffs, rising costs and BTC sales data
Gemini co-founder Tyler Winklevoss has publicly stated he is optimistic at what he describes as peak crypto pessimism, even as filings and market data show mounting challenges for the exchange. SEC documents outline sharply higher operating expenses alongside modest revenue growth and a shrinking market value, while onchain data indicates Winklevoss Capital has cut its Bitcoin holdings by more than half over the past year. Gemini has also announced sizable layoffs, exited multiple regions and reshuffled senior leadership as it pivots toward new regulated products and services.
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BTC
BTC-4.65%
10h ago
11h ago
Over 80% of 2025 Token Launches Trade Below TGE as $14.6B Flows Into Crypto IPOs
On 23 February 2026, data attributed to DWF Labs and Memento Research indicated that more than 80% of tokens launched in 2025 are trading under their TGE price, with many falling 50%–70% in the first 90 days. Analysts say these sharp drawdowns on major exchanges are pushing investors toward publicly listed crypto companies, where IPO fundraising has reached $14.6 billion. This shift reflects growing preference for regulated equities and clearer valuation frameworks over the traditional token launch model.
11h ago