As part of our mission **_to build the future of money_**_,_ we have built an institutional-grade exchange that operates on the principles of security, regulation, and compliance while providing our customers with speed and reliability. This has made Gemini a cornerstone of cryptocurrency markets and we believe it is important that our market data helps power and enhance cryptocurrency indices and financial products that are integral to moving our industry forward.

To that end, we are excited to announce that we will be joining the **CME CF Bitcoin Reference Rate (BRR), CME CF Bitcoin Real Time Index (BRTI),** and six other cryptocurrency indices provided by CF Benchmarks.  As a constituent of the BRR, Gemini’s market data will be used to help price the CME Group’s Bitcoin Futures contract ([contract specifications](https://www.cmegroup.com/trading/equity-index/us-index/bitcoin_contract_specifications.html) | [fact sheet](https://www.cmegroup.com/trading/bitcoin-futures.html)).

Implementation is scheduled for Friday, **August 30th**, **2019 4:30pm BST**.

As part of joining the BRR, we had to meet the CME Group’s eligibility criteria for quality of data submitted, market surveillance practices, security, and regulation. We appreciate these standards and look forward to continuing to build trust in crypto; **trust is our product**.

Please visit our website to learn more about accessing our [APIs and consuming Gemini market data](https://docs.gemini.com/rest-api/), and our [institutional offering](https://gemini.com/institutions/) as well as cross-connects to our matching engine.

Onward and Upward,

Team Gemini

Gemini will join the CME CF Bitcoin Reference Rate (BRR) and CME CF Bitcoin Real Time Index (BRTI)

The Moo Deng memecoin is now available to buy, sell, and store on Gemini in the US, UK, and Singapore.

[Learn more about all the tokens we support here](https://www.gemini.com/prices). 

## What is Moo Deng?

Moo Deng (MOODENG) is a Solana-based token launched in October 2024.

Moo Deng is an adorable baby pygmy hippopotamus living in Khao Kheow Open Zoo in Si Racha, Chonburi, Thailand. She was born in September and quickly became an internet sensation for her feisty and playful spirit and has been engaging audiences around the world ever since. 

Moo Deng was launched on the Solana ecosystem, which offers fast transaction speeds and low fees, making it an attractive option for investors and traders interested in memecoins.

Gemini’s decision to support the custody and listing of Moo Deng is in line with the company’s plan to provide safe storage of bitcoin and other virtual currencies. Retail traders will benefit from having access to more regulated options to safely store and trade Moo Deng.

Onward and Upward!<br><br> 
Team Gemini

*Moo Deng is a new meme token. It has no defined utility; its value may be derived only from the continued willingness of market participants to demand and trade the token, which may result in the potential for permanent and total loss of value should participants choose to no longer demand or trade Moo Deng. The token may also be subject to extreme price volatility, in particular if large, concentrated holdings of Moo Deng are liquidated in a short period of time. By trading Moo Deng, you acknowledge that you have read this risk disclosure and understand the risks associated with trading Moo Deng.


Moo Deng Is Now Available To Trade on Gemini

The secure way to buy, sell, store and convert crypto. Millions use Gemini to diversify their portfolios.

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Weekly Market Update

031524

Bitcoin Rockets Higher, ETH ETFs Log Record Inflows, and Dogecoin Continues to Pump on Musk’s Appointment  

Previously unreleased data collated as part of [Gemini’s 2024 Global State of Crypto Repor](https://www.gemini.com/state-of-crypto-2024)t shows that UK crypto holders remained undeterred by market pressures, with 93% of current crypto owners at least somewhat likely to buy crypto within the next year. However, UK respondents continued to voice their concern about the UK’s need for a clear regulatory framework for digital assets, with 49% stating that clearer government regulation would foster trust.

The subsequent release of this data coincides with the launch of Gemini’s global out-of-home advertising campaign centred around the tagline, “Go Where Pounds Won’t,” which features a series of futuristic billboards from Dune artist Matt Griffin that showcase what a digital economy fueled by crypto could look like. 

### UK Crypto Market Shows Signs of Rebound 

With the crypto winter of 2022 in the rearview mirror, digital asset investors in the UK have remained resilient. The percentage of UK consumers who own crypto held steady at 18% in 2024, the same percentage as two years ago. Additionally, crypto sell-offs have been comparatively low in the UK this year, as just 15% of previous owners who sold their crypto did so in the past six months – a lower percentage than in the US, France, and Turkey.

UK crypto owners showed commitment to the asset class, with 59% of them comfortable allocating at least 5% of their investment portfolios to crypto – 2% higher than the global average. This signals growing confidence in digital currencies as part of a diversified portfolio.

To further illustrate the confidence in digital assets, a number of past crypto owners in the UK appear ready to re-enter the market. Among those surveyed, 78% of former holders said they were at least somewhat likely to purchase crypto again within the next year, slightly higher than the global average.

### Regulatory Concerns Still Front of Mind  

The European Union (EU) has recently introduced the Market in Crypto Assets Regulation (MiCAR), a harmonized framework across member states for the treatment of crypto assets. While this brings needed clarity to digital asset regulation in the EU, the United Kingdom is behind the curve in terms of passing their own comprehensive regulation.

Despite UK users showing their commitment to the asset class in recent years, additional data released from the 2024 Global State of Crypto report shows that 38% of UK consumers who don’t currently hold crypto cited regulatory uncertainty as a barrier to buying crypto, up slightly from 34% in 2022. Similarly, 21% of past UK owners said there should be more government regulation of the space. This highlights the need for the UK to implement a clear regulatory framework and provide greater clarity to consumers and industry players alike. 

Gemini has welcomed the passing of the[ UK’s Financial Promotions regime and updated AML/CTF guidelines](https://www.gemini.com/blog/gemini-implements-additional-measures-to-protect-uk-users-fca-regulations) by the FCA over the past year, aligning strongly with our belief in the importance of regulation to support growth within the crypto asset sector.

### UK Retail Investor Sees Long-Term Value in Crypto 

Other key findings from the 2024 Global State of Crypto report included:

- The majority of UK respondents recognize crypto for its long-term value: 64% of UK users said they view crypto as a long-term investment, and 45% see it as a profit-generating tool.

- A key hurdle for adoption is the knowledge gap: Just 14% of Britons claimed to have a good understanding of crypto, while 69% were unaware or only slightly aware of crypto exchange-traded products (ETPs).

- There is still a gender disparity in UK crypto ownership: The share of female crypto owners has dropped by 5% since 2022, with men now representing 70% of the market.

Gillian Lynch, CEO of UK & Europe at Gemini, said: “It’s great to see positive signs of adoption and growth in the UK market, one of the European countries that we’ve strategically selected to target growth and investment over the next year. With the recent bull market, the findings highlight opportunities for industry players such as Gemini to win back past crypto owners, onboard new ones and target women.”

The 2024 Global State of Crypto report was compiled based on data from a survey conducted by Data Driven Consulting Group from May-June 2024. The respondents were from the US, UK, France, Singapore, and Turkey.

### Gemini’s Out-of-Home Campaign in London

Gemini’s new [out-of-home brand campaign](https://www.gemini.com/blog/gemini-coms-go-where-dollars-wont-campaign-gives-glimpse-into-how-crypto) launched in London last week, the first of a series of activations planned for major European and US cities. The creative direction,“Go Where Pounds Won’t,” symbolizes our vision for how crypto will be used over the next 100 years and more, emphasizing exploration, growth, and the limitless potential of crypto, with our eyes set on a significant European expansion over the next 12 months. 

Designed by renowned multimedia artist Matt Griffin, known for his work on Dune and Star Wars, the images portray a future humanity with crypto at its core, inviting Gemini customers to become pioneers in this new frontier of financial innovation. To celebrate the occasion, Gemini has launched [MarsSafariCo.com](https://www.gemini.com/marssafarico), showcasing designs from the campaign through a fictitious travel agency in the future.

Onward and Upward!<br>
Team Gemini


INDUSTRY

Gemini will join the CME CF Bitcoin Reference Rate (BRR) and CME CF Bitcoin Real Time Index (BRTI)

ARTICLES CONNEXES

Moo Deng Is Now Available To Trade on Gemini

Bitcoin Rockets Higher, ETH ETFs Log Record Inflows, and Dogecoin Continues to Pump on Musk’s Appointment

UK Crypto Investors Remain Resilient, Eager for Regulatory Certainty

Moo Deng Is Now Available To Trade on Gemini

Bitcoin Rockets Higher, ETH ETFs Log Record Inflows, and Dogecoin Continues to Pump on Musk’s Appointment

UK Crypto Investors Remain Resilient, Eager for Regulatory Certainty

Un moyen simple et sécurisé d'acheter et de vendre des cryptomonnaies