It is unlikely to overlook bitcoin’s current bullish momentum. Request for bitcoin is enlargening all overheen the world. Even the latest USD issues affecting some exchanges are not driving prices down. The Gemini exchange set a fresh daily bitcoin auction record, totaling US$Two.8m spil of yesterday. All signs are pointing toward a conveniente future for bitcoin.
Another Daily Bitcoin Auction Record For Gemini
It is fairly interesting to see how successful Gemini is with their daily bitcoin auctions . Until a few months ago, there appeared to be very little rente te this suggesting. The exchange stuck with it, however, and their treatment is commencing to pay dividends. Ter fact, everzwijn since the toneelpodium added a 2nd daily activity, things have bot heading te the right direction.
To be more specific, the exchange set an auction record last Friday. At that time, the record wasgoed US$Two.51m. Finta a significant amount for just two daily bitcoin auctions, to say the least. It is apparent request for bitcoin resumes to grow. Even the bitcoin ETF rejection is not stopping bitcoin’s momentum right now. It is good to see this growing rente ter cryptocurrency from institutionalized investors, tho’.
Related movie: How to get commenced on Bitconnect and Gemini Exchange 101
Rapid forward to yesterday and the exchange set a fresh daily bitcoin auction record . The two separate Gemini auctions brought te US$Two.79m. One loterijlot sold 1,000 BTC at the price of US$1,195 each. The 2nd lost sold 1,325 BTC at the price of US$1,201 each. It is overduidelijk there is a big request for bitcoin regardless of the price. The fatter question is who is buying bitcoin te such large quantities at thesis high prices. For now, that question remains unanswered.
While Gemini is firing on all cylinders with daily auctions, consumers are still fighting to get accounts verified. Various Reddit users voorwaarde the verification process takes way too long. Signing up for Gemini and having to wait three weeks or more before documents are checked is not a joy practice. Then again, it is one of the fights to overeenkomst with when relying on centralized exchanges. Wij can only hope Gemini finds a way to speed up this process ter due time.