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Gemini Space Station, the crypto exchange founded by Tyler and Cameron Winklevoss, surged 14% on its Nasdaq debut yesterday after its IPO raised $425 million. GEMI shares briefly traded above $40 to give Gemini a valuation of $4.75 billion, before paring gains to close at $32 with a valuation of about $3.8 billion. Incredibly proud to be part of the amazing @Gemini team! Today’s IPO launch at @Nasdaq was an unforgettable experience. pic.twitter.com/EL6hY8e2W9 — Nathan Ignoffo (@IgNoffs) September 13, 2025 Gemini surged on opening to trade at $37.01, with early extreme volatility halting trading for ten minutes.  GEMI price chart (Source: Yahoo Finance )   Gemini’s Debut Mirrors The Performance Of Other Crypto IPOs The volatility seen during Gemini’s debut trading day mirrors the first trading sessions of other crypto listings this year. USD Coin (USDC) stablecoin issuer Circle also saw its share price go parabolic shortly after its publi...

American trend forecaster Gerald Celente says that BRICS is ready to put the US dollar on its death bed. He argued in a podcast with Cuban-American journalist Rick Sanchez that the alliance has become self-sufficient and no longer needs the US dollar for survival. Members such as China and India have a robust economy and can survive without depending on the USD. China dominates the manufacturing sector, and the US and other Western nations depend on its products to conduct day-to-day business. Russia, despite sanctions, is seeing its economy grow by 1.4% in FY 2024-25. In addition, India’s economy no longer depends on the US and is much self-sustained with local manufacturing and jobs. The BRICS economy is growing and could push the US dollar to its death bed. Also Read: BRICS Countries List Expands in Global Shift, 32 More Waiting to Join “The death of the US dollar has begun as BRICS grows self-sufficient,” said Celente. He explained that the recent tariffs on India...

U.S. Treasury Secretary Scott Bessent is confident that people around the world are going to choose stablecoins over central bank digital currencies (CBDCs). In a new interview with Bloomberg, Bessent says the stablecoin sector creates an “exciting new payment rail.” “And importantly, it will be a source of demand for the US Treasury market, because if you think about it, in terms of preference globally, would you rather have a private stablecoin that’s backed by US Treasuries with US best practices and regulation, or would you rather have an [European Central Bank] or [People’s Bank of China] central bank digital currency that if you write a mean X post, the government could turn off. I think everyone’s going to choose the US private sector with US regulation all day, every day.”   Bessent says he’s been encouraging members of the House of Representatives to pass the Senate version of the GENIUS Act “as is...

Although many crypto investors flee to bitcoin (BTC) as a safe haven, it hasn’t performed particularly well during times of war. Consider its underperformance against other tech investments during the onset of a conflict. Despite US President Donald Trump’s 53 assurances that the Russia-Ukraine war would end “on day one,” that conflict continues. Worse, a new war just started in Iran , giving us a recent example against which to analyze BTC as an ostensible safe haven asset. BTC often correlates with the NASDAQ-100 index, the largest proxy for the tech industry. However, many military headlines have driven BTC to decouple from the NASDAQ to the downside. On Monday, for example, Trump surprised the world with a sudden post to TruthSocial asking everyone in Tehran to evacuate immediately. That plea, made at 6:30pm New York time to a metro area of over 15 million people, immediately tanked NASDAQ-100 constituents in after-hours trading. The NASDAQ 100-tracking Q...