What Gemini’s Expansion Means

July 3, 2019

The Information: It turns out last week’s rally was short-lived, with bitcoin pulling back after reaching as high as $13,500. People in the industry I’ve spoken with are still mindful of last year’s plunge, and say they would rather see the market gain steam more gradually. “Once a new base is formed, prices are likely to move higher,” said Bill Herrmann, managing partner at the investment management firm Wilshire Phoenix. Read more…