According to Bloomberg, cryptocurrency exchange platform Gemini stated that its workforce has shrunk by about 30% since layoffs at the beginning of the year and is introducing artificial intelligence tools to improve productivity. Gemini lost over $500 million last year.
As of March 1, the company founded by billionaire twins Tyler Winklevoss and Cameron Winklevoss had approximately 445 employees. Based in New York, Gemini stated that it did not provide a business outlook for 2026 when releasing its fourth-quarter results.
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Bitcoin hit $80,000 as WEEX predicted last week. See what drove the breakout, current key levels, and whether $90,000 is next.




Global markets delivered mixed signals. Bitcoin and Ethereum strengthened as institutional flows into spot ETFs supported a recovery in crypto risk appetite, while the Robinhood ecosystem and NFT sector also remained active. In technology, NVIDIA continued to weaken ahead of its earnings release, with investors focused on AI returns, customer capital expenditure, and order execution. PDD Holdings saw significant volatility after reporting results, while Applied Optoelectronics came under pressure following its large equity financing announcement. Investors are also awaiting new rate-path signals from the Jackson Hole Economic Symposium.





