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Bitcoin billionaire Winklevoss sees 20-fold valuation surge

The twins' Gemini exchange to provide data for Cboe futures, due today

Olga Kharif | Bloomberg 

Cameron Winklevoss, thought to be one of the largest holders of bitcoin, thinks the cryptocurrency’s blazing gains this year are just the start. He predicts it will rise as much as 20-fold as investors come to view it as an upgrade to gold. Wall Street’s plan to launch futures contracts on Sunday, making it easier to bet against the digital currency’s rally in recent months, is making some enthusiasts nervous - but not Winklevoss. He’s one of the famed 36-year-old twins who played an early role in Facebook Inc’s formation, then dedicated part of their ...

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First Published: Mon, December 11 2017. 02:21 IST