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Home » XRP Utility Expands as Gemini Launches Free Algorithmic Tools, According to Tyler Winklevoss
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XRP Utility Expands as Gemini Launches Free Algorithmic Tools, According to Tyler Winklevoss

By adminApr. 16, 2025No Comments3 Mins Read
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XRP Utility Expands as Gemini Launches Free Algorithmic Tools, According to Tyler Winklevoss
XRP Utility Expands as Gemini Launches Free Algorithmic Tools, According to Tyler Winklevoss
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Gemini, the cryptocurrency exchange co-founded by Tyler Winklevoss, has unveiled a set of complementary algorithmic trading tools developed specifically with XRP and Bitcoin holders in mind. Arch Public, an outfit that focuses on automated crypto strategies, views these tools as a way toward a fairer investment environment.

XRP In Spotlight As Gemini’s Tyler Winklevoss Makes Major Announcement

Tyler Winklevoss gave confirmation on the rollout via social media and Arch Public shared the mission to have the crypto community access algorithmic trading capabilities informed by institutional standards. The tools are geared toward users of Gemini, and early adoption has centered on XRP and Bitcoin. On X, he wrote, “New free algos for the XRP army!”

New free algos for the XRP army!https://t.co/n4DEg67uhB
— Tyler Winklevoss (@tyler) April 16, 2025

Yet another prominent attorney within the XRP ecosystem, John E. Deaton, announced that he was using the new tools. Deaton said he opened a Gemini account and began testing Arch Public’s algorithms. According to Deaton, the tools aim to help users optimize their XRP holdings. It could potentially yield passive increases in asset value through calculated market movements.

The XRP community gave swift and varied responses to the announcement. Some users were happy that free trading tools were now an option, a way forward as it were, but other users worried that it wasn’t accurate or useful. Describing the algorithms as unreliable, one social media user criticized them for performance and suggested that the tools could deceive less experienced investors.

Adding to the problem is that some in the XRP community associate the founders of Gemini with historical skepticism. Past statements by Tyler about why he thought Ethereum was a bad concept were raised by critics as to why he was now so positively endorsing XRP-focused tools.

Cameron Winklevoss, Tyler’s twin and co-founder of the exchange, echoed the excitement over the toolset’s release. However, his remarks were simultaneously met with suspicion. Some users even wondered whether the accounts had been compromised, given the big change of narrative.

Ripple CTO Under Fire

Amid these events, Ripple’s Chief Technology Officer, David Schwartz, also entered into the discourse by offering an advisory for the community. However, he expressed reservations around how the announcement had been delivered as well as urged the community to validate messages before getting involved. Moreover, Schwartz sought caution in light of inconsistencies in the communications.

Deaton stood behind his accounts and reiterated his involvement in the initiative. In his CryptoLaw platform, he said that the effort was still ongoing to add a level playing field for ordinary investors, denying that any security breach occurred. Deaton also said he would appear live on X to answer user questions and explain how the algorithmic tools work.

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