{"id":287863,"date":"2023-01-12T18:27:41","date_gmt":"2023-01-12T18:27:41","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=287863"},"modified":"2023-01-12T18:27:41","modified_gmt":"2023-01-12T18:27:41","slug":"research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/","title":{"rendered":"Research: Gemini, GUSD start losing followers as metrics hit all time lows"},"content":{"rendered":"<p>Glassnode data analyzed by <em>CryptoSlate<\/em> shows that the U.S.-based crypto exchange <a href=\"https:\/\/cryptoslate.com\/companies\/gemini\/\">Gemini<\/a>\u00a0and its stablecoin Gemini Dollar (<a href=\"https:\/\/cryptoslate.com\/coins\/gemini-dollar\/\">GUSD<\/a>) are starting to lose followers and the community's trust as metrics fall to all-time lows.<\/p>\n<h2>GUSD holders and exchange volumes<\/h2>\n<p>The number of active addresses that hold GUSD has slumped back to its 2020 levels. The chart below represents the active wallet number since the beginning of the year 2019.<\/p>\n<figure id=\"attachment_287870\" aria-describedby=\"caption-attachment-287870\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-287870 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/aa.jpg\" alt=\"GUSD active addresses\" width=\"1800\" height=\"1013\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/aa.jpg 1800w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/aa-300x169.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/aa-1024x576.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/aa-768x432.jpg 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/aa-1536x864.jpg 1536w\" sizes=\"(max-width: 1800px) 100vw, 1800px\" \/><figcaption id=\"caption-attachment-287870\" class=\"wp-caption-text\">GUSD active addresses<\/figcaption><\/figure>\n<p>The number of wallets started to increase at the end of 2020 and reached almost 1200 towards the end of 2021. Since then, active addresses that hold GUSD fell by 91.6%\u00a0 and retreated back to 100 in January 2023.<\/p>\n<p>BUSD balance on exchanges also recorded a significant decrease. The chart below demonstrates the BUSD balance held on exchanges since the beginning of 2019.<\/p>\n<figure id=\"attachment_287869\" aria-describedby=\"caption-attachment-287869\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-287869 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/exchange-balance-gusd.jpg\" alt=\"BUSD balance on exchanges\" width=\"1800\" height=\"1013\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/exchange-balance-gusd.jpg 1800w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/exchange-balance-gusd-300x169.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/exchange-balance-gusd-1024x576.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/exchange-balance-gusd-768x432.jpg 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/exchange-balance-gusd-1536x864.jpg 1536w\" sizes=\"(max-width: 1800px) 100vw, 1800px\" \/><figcaption id=\"caption-attachment-287869\" class=\"wp-caption-text\">BUSD balance on exchanges<\/figcaption><\/figure>\n<p>The BUSD volume on exchanges started to grow exponentially in July 2021 and breached 300 million in May 2022, just before the FTX collapse.<\/p>\n<p>However, the BUSD volume started to record ups and downs after the FTX disaster and finally recorded a 96% decrease in January 2023, falling from around 260 million to just above 10 million.<\/p>\n<h2>What happened?<\/h2>\n<p>The name Gemini has been on the headlines since the Terra-Luna collapse. As soon as the winter market started, Gemini laid off 10% of its <a href=\"https:\/\/cryptoslate.com\/gemini-reducing-staff-by-10-to-survive-crypto-winter\/\">staff<\/a> in June 2022, which marked the exchange's first layoff decision. In July 2022, Gemini <a href=\"https:\/\/cryptoslate.com\/gemini-announces-another-15-reduction-in-staff-amid-crypto-winter\/\">went<\/a> for the second round of layoffs and let 15% of its staff go. In both decisions, the exchange pointed at the market turmoil and repeated that it had to manage costs. At the time, however, <a href=\"https:\/\/cryptoslate.com\/blockchain-com-downsizes-by-25-after-3ac-collapse\/\">most<\/a> crypto companies were laying off staff, so Gemini didn't really stick out.<\/p>\n<h3>Gemini Earn<\/h3>\n<p>The real chain of events that hurt the community's trust in Gemini started on Nov. 16, 2022, when Gemini's Earn program <a href=\"https:\/\/cryptoslate.com\/breaking-gemini-earn-halts-withdrawals-due-to-market-turmoil-caused-by-ftx-fallout\/\">halted<\/a> withdrawals due to market turmoil. Addressing the users, the exchange said it would try to meet customers' withdrawal requests as soon as possible.<\/p>\n<p>Gemini Earn is a program that allows individual investors to lend their crypto assets to institutional borrowers in exchange for a certain amount of interest. To facilitate these services, Gemini partnered with third-party crypto lenders, including <a href=\"https:\/\/cryptoslate.com\/companies\/genesis\/\">Genesis<\/a>, which <a href=\"https:\/\/cryptoslate.com\/genesis-crypto-lending-unit-halts-customer-withdrawals\/\">suspended<\/a> withdrawals for its own customers on Nov. 16, the same day as Gemini Earn. Genesis said it is experiencing abnormal amounts of withdrawal requests which exceed the company's liquidity. It also added that its parent company, <a href=\"https:\/\/cryptoslate.com\/companies\/digital-currency-group\/\">Digital Currency Group<\/a> (DCG), is also doing everything in its power to smooth out the situation.<\/p>\n<p>The discussions between DCG, Genesis, and Gemini, including DCG's CEO <a href=\"https:\/\/cryptoslate.com\/people\/barry-silbert\/\">Barry Silbert<\/a> and Gemini CEOs <a href=\"https:\/\/cryptoslate.com\/people\/cameron-winklevoss\/\">Cameron<\/a> and <a href=\"https:\/\/cryptoslate.com\/people\/tyler-winklevoss\/\">Tyler<\/a> Winklevoss, have been continuing since then, and the tension has been climbing daily. On Dec. 5, Gemini <a href=\"https:\/\/cryptoslate.com\/gemini-formed-an-ad-hoc-committee-to-advocate-for-a-solution-for-earn-users-amid-suspension-of-withdrawals\/\">formed<\/a> an ad-hoc committee to come up with a solution to the liquidity crisis.<\/p>\n<p>On\u00a0 Jan. 2, Cameron Winklevoss <a href=\"https:\/\/cryptoslate.com\/digital-currency-group-gets-jan-8-deadline-to-resolve-gemini-earn-issues\/\">wrote<\/a> an open letter addressed to Silbert and claimed that Gemini Earn's liquidity crisis is caused by Genesis, and Genesis is having problems because Sibert owes his subsidiary $1.675 billion. Cameron Winklevoss gave Silbert time until Jan. 8 to make up for his debt and therefore resolve Gemini's liquidity crisis. Silbert responded to the open letter soon after it was published, saying that neither he nor DCG has any debt to Genesis.<\/p>\n<p>Gemini Earn users <a href=\"https:\/\/cryptoslate.com\/gemini-earn-users-launch-class-arbitration-against-genesis-dcg\/\">filed<\/a> a class arbitration suit against Genesis and DCG on Jan. 3, claiming that Genesis breached its agreement with Gemini Earn users. On Jan. 4, Genesis CEO released a <a href=\"https:\/\/cryptoslate.com\/genesis-pleads-for-more-time-to-sort-complex-financial-situation\/\">statement<\/a> saying that the firm is focused on solving the problem, but it needs more time.<\/p>\n<p>The problem remained unsolved, and Gemini <a href=\"https:\/\/cryptoslate.com\/gemini-officially-discontinues-earn-product\/\">announced<\/a> that it is officially discontinuing its Earn program on Jan. 11, 2023. The exchange added that returning its users' funds is currently the highest priority while also reminding that Genesis was responsible for repaying all assets to users.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Glassnode data analyzed by CryptoSlate shows that the U.S.-based crypto exchange Gemini\u00a0and its stablecoin Gemini Dollar (GUSD) are starting to lose followers and the community&#8217;s trust as metrics fall to all-time lows. GUSD holders and exchange volumes The number of active addresses that hold GUSD has slumped back to its 2020 levels. The chart below [&hellip;]<\/p>\n","protected":false},"author":1262,"featured_media":288514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,77921],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Research: Gemini, GUSD start losing followers as metrics hit all time lows<\/title>\n<meta name=\"description\" content=\"The number of active addresses holding GUSD returned to 2020 levels, while BUSD volume on exchanges shrank by 96% in the last seven months.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Research: Gemini, GUSD start losing followers as metrics hit all time lows\" \/>\n<meta property=\"og:description\" content=\"The number of active addresses holding GUSD returned to 2020 levels, while BUSD volume on exchanges shrank by 96% in the last seven months.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-12T18:27:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/gemini.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Zeynep Geylan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zeynep Geylan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/\"},\"author\":[{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#person\",\"name\":\"Zeynep Geylan\",\"url\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"caption\":\"Zeynep Geylan\"},\"jobTitle\":\"Journalist\",\"description\":\"Zeynep is an academic who turned to crypto in 2018. Originating in social sciences, she is especially interested in the social impact of blockchain and crypt...\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/zeynepgyln\",\"https:\/\/www.linkedin.com\/in\/zgeylan\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/james-van-straten\/#person\",\"name\":\"James Van Straten\",\"url\":\"https:\/\/cryptoslate.com\/author\/james-van-straten\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/james-van-straten\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/james-van-straten\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/cryptoslate-james-van-straten-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/cryptoslate-james-van-straten-300x300.jpg\",\"caption\":\"James Van Straten\"},\"jobTitle\":\"Former Lead Analyst\",\"description\":\"James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/jvs_btc\",\"https:\/\/www.linkedin.com\/in\/james-van-straten-8782b4112\"]}],\"headline\":\"Research: Gemini, GUSD start losing followers as metrics hit all time lows\",\"datePublished\":\"2023-01-12T18:27:41+00:00\",\"dateModified\":\"2023-01-12T18:27:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/\"},\"wordCount\":649,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"Exchanges\",\"Research\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/\",\"url\":\"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/\",\"name\":\"Research: Gemini, GUSD start losing followers as metrics hit all time lows\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2023-01-12T18:27:41+00:00\",\"dateModified\":\"2023-01-12T18:27:41+00:00\",\"description\":\"The number of active addresses holding GUSD returned to 2020 levels, while BUSD volume on exchanges shrank by 96% in the last seven months.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Research: Gemini, GUSD start losing followers as metrics hit all time lows\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/c8815152c2df358931d4c32fc43c4344\",\"name\":\"Zeynep Geylan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-150x150.jpg\",\"caption\":\"Zeynep Geylan\"},\"description\":\"Zeynep is an academic who turned to crypto in 2018. Originating in social sciences, she is especially interested in the social impact of blockchain and cryptocurrencies and strongly believes in their transmuting power. Research and writing are her favorite things in life, followed by dogs and burgers.\",\"url\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Research: Gemini, GUSD start losing followers as metrics hit all time lows","description":"The number of active addresses holding GUSD returned to 2020 levels, while BUSD volume on exchanges shrank by 96% in the last seven months.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/","og_locale":"en_US","og_type":"article","og_title":"Research: Gemini, GUSD start losing followers as metrics hit all time lows","og_description":"The number of active addresses holding GUSD returned to 2020 levels, while BUSD volume on exchanges shrank by 96% in the last seven months.","og_url":"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/","og_site_name":"CryptoSlate","article_published_time":"2023-01-12T18:27:41+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/gemini.jpg","type":"image\/jpeg"}],"author":"Zeynep Geylan","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Zeynep Geylan","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/"},"author":[{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#person","name":"Zeynep Geylan","url":"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg","caption":"Zeynep Geylan"},"jobTitle":"Journalist","description":"Zeynep is an academic who turned to crypto in 2018. Originating in social sciences, she is especially interested in the social impact of blockchain and crypt...","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/zeynepgyln","https:\/\/www.linkedin.com\/in\/zgeylan"]},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/james-van-straten\/#person","name":"James Van Straten","url":"https:\/\/cryptoslate.com\/author\/james-van-straten\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/james-van-straten\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/james-van-straten\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/cryptoslate-james-van-straten-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/cryptoslate-james-van-straten-300x300.jpg","caption":"James Van Straten"},"jobTitle":"Former Lead Analyst","description":"James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/jvs_btc","https:\/\/www.linkedin.com\/in\/james-van-straten-8782b4112"]}],"headline":"Research: Gemini, GUSD start losing followers as metrics hit all time lows","datePublished":"2023-01-12T18:27:41+00:00","dateModified":"2023-01-12T18:27:41+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/"},"wordCount":649,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["Exchanges","Research"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/#respond"]}],"copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/","url":"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/","name":"Research: Gemini, GUSD start losing followers as metrics hit all time lows","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2023-01-12T18:27:41+00:00","dateModified":"2023-01-12T18:27:41+00:00","description":"The number of active addresses holding GUSD returned to 2020 levels, while BUSD volume on exchanges shrank by 96% in the last seven months.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/research-gemini-gusd-start-losing-followers-as-metrics-hit-all-time-lows\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Research: Gemini, GUSD start losing followers as metrics hit all time lows"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/t.me\/cryptoslatenews","https:\/\/www.tiktok.com\/@cryptoslatenews"],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/c8815152c2df358931d4c32fc43c4344","name":"Zeynep Geylan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-150x150.jpg","caption":"Zeynep Geylan"},"description":"Zeynep is an academic who turned to crypto in 2018. Originating in social sciences, she is especially interested in the social impact of blockchain and cryptocurrencies and strongly believes in their transmuting power. Research and writing are her favorite things in life, followed by dogs and burgers.","url":"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/287863"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1262"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=287863"}],"version-history":[{"count":8,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/287863\/revisions"}],"predecessor-version":[{"id":288516,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/287863\/revisions\/288516"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/288514"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=287863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=287863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=287863"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=287863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}