Cameron and Tyler Winklevoss says Bitcoin could hit $1 million

Cameron and Tyler Winklevoss said on CNBC’s “Squawk Box” Friday that they expect Bitcoin to reach $1 million per coin in the next ￰0￱ the same time their company Gemini Space Station entered the ￰1￱ market with strong demand for its ￰2￱ twins, who founded Gemini in 2015 when Bitcoin traded around $380, linked their forecast with the debut of their exchange on the ￰3￱ said, “it’s still very much the bottom of the first inning, because we see bitcoin trading at $1 million dollars a bitcoin, if it disrupts ￰4￱ we think Bitcoin is gold 2.0.” He added, “we think there’s easily a 10x from here. It’s still really ￰5￱ I think we’ll be sitting here 10 years from now looking back and saying, ‘Wow, today was really early.’ I think few people actually listened back then, so hopefully more people listen today.” Gemini prices shares and sets cap on proceeds Gemini’s initial public offering priced at $28 per share late Thursday, higher than the earlier expected range of $24 to $26, according to ￰6￱ put the company’s valuation at about $3.3 ￰7￱ said, “we’ve come a long way,” during the same CNBC ￰8￱ for shares far outstripped ￰9￱ familiar with the sale told Bloomberg that Gemini drew more than 20 times the orders for the shares ￰10￱ company and its bankers decided to stop taking new requests and set an unusual cap on proceeds at $425 ￰11￱ that cap, Gemini would have raised up to $433 million based on filings with the Securities and Exchange ￰12￱ sale included an extra investment from Nasdaq, which committed $50 million in a private placement at the time of the ￰13￱ deal came on top of the capped proceeds and was first reported by ￰14￱ drive up crypto listings amid White House support The company had already raised the proposed share price before the final sale, moving the range up from $17 to $19 per share to $24 to $26.

At the top of that range, Gemini’s value would exceed $3 billion, Reuters ￰15￱ final price at $28 showed how strong the interest was from ￰16￱ IPO added to a streak of crypto ￰17￱ this week, Figure Technology raised $787.5 million in an upsized ￰18￱ owner Bullish and stablecoin issuer Circle also boosted their sales earlier in the ￰19￱ backdrop for these deals included new regulatory wins under President Donald Trump’s White House, more companies using crypto, and rising inflows from exchange-traded ￰20￱ those factors pushed the sector’s value above $4 trillion. Gemini’s shares started trading Friday under the ticker GEMI on the ￰21￱ lead bookrunners for the IPO were Goldman Sachs and Citigroup, who guided the offering through the heavy ￰22￱ crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites