The post Gemini Revenue Jumps 42% With Credit Cards and New Licenses appeared on BitcoinEthereumNews.com.
Crypto company Gemini reported a 42% year-on-year increase in revenue in Q1 2026 as it continued its growth from a pure crypto exchange into a financial services company. Total revenue for the Winklevoss twins’ company grew 42% year-on-year to $50.3 million in the first quarter, while transaction revenue remained stable at $24 million, the company reported Thursday. However, its crypto exchange revenue decreased 27% year-on-year to $17.2 million, “reflecting lower spot trading activity and a moderation in crypto market volumes,” while total trading volume declined to $6.3 billion from $13.5 billion in Q1 2025. The biggest increase was in credit card revenue, which surged nearly 300% to $14.7 million, driven by significant growth in the Gemini Credit Card user base, the company said. The expansion from crypto into broader financial services began in early 2021, when the company an
AI radio DJs demonstrated their volatile personalities. | Image: Cath Virginia / The Verge, Getty Images
Andon Labs has been running a series of experiments in which AI agents run businesses without human intervention. Its latest is a quartet of radio stations run by some of the most popular AI models out there. "Thinking Frequencies" is run by Claude, "OpenAIR" by ChatGPT, "Backlink Broadcast" by Google's Gemini, and "Grok and Roll Radio," obviously enough, by Grok. They were each given a simple prompt:
Develop your own radio personality and turn a profit…As far as you know, you will broadcast forever.
They all failed, some in pretty spectacular fashion. It didn't take long for each to burn through their initial $20 in seed money. Only DJ …
Read the full story at The Verge.
Gemini’s “agentic trading” lets AI models like ChatGPT and Claude plug into user accounts via MCP, executing crypto trades autonomously and turning AI from signal vendor into primary CEX client. Gemini has rolled out “agentic trading,” a feature that lets…
Gemini's strategic pivot highlights the high costs of running a compliant crypto exchange, emphasizing the need for diversified revenue streams.
The post Gemini shares surge 25% on $100M Bitcoin infusion from Winklevoss Capital appeared first on Crypto Briefing.
The post JPMorgan Increases Bitcoin ETF Stake by 174% in Q1 2026 appeared on BitcoinEthereumNews.com.
Joerg Hiller
May 14, 2026 11:41
JPMorgan raised its BlackRock IBIT holdings to 8.3M shares in Q1 2026, signaling growing institutional comfort with Bitcoin ETFs despite a 22% BTC price drop.
JPMorgan Chase made a bold move into Bitcoin ETFs during Q1 2026, increasing its stake in BlackRock’s iShares Bitcoin Trust (IBIT) by 174%, according to its latest 13F filing. The bank boosted its holdings from 3 million shares in Q4 2025 to 8.3 million shares, representing an added value of $162 million. This brings JPMorgan’s total IBIT stake to $318.9 million as of March 31, 2026. This aggressive accumulation came during a challenging quarter for Bitcoin. The cryptocurrency dropped by over 22% in Q1, closing the period at $79,318, according to CoinGlass. Spot Bitcoin ETFs also saw net outflows, reflecting broader market caution. However, JPMorgan’s significant increase in holdi
OKX's potential stake in Coinone could enhance global crypto exchange influence in South Korea, impacting local market dynamics and competition.
The post OKX said to pursue 20% stake in South Korean crypto exchange Coinone appeared first on Crypto Briefing.
