Bitcoin’s narrative is ever-changing. It started out with more of a focus on its use as a payment currency, or “peer-to-peer electronic cash system,” then the focus shifted to “store of value” once more investors began thinking long-term with cryptocurrency. The latest twist to the Bitcoin narrative has turned it toward a safe haven asset…
Ripple price is trading within Sep 2018 high low and bullish The management team at Circle convinced crypto valuation would rise. Bear trading volumes high, XRP prices likely to find support at 30 cents Although losses were market wide, XRP is resilient, absorbing sell shocks and rising above ETH for the first time in 2019.…
The latest crypto firm to hold its own AMA (“Ask Me Anything”) session on Reddit is Goldman Sachs-backed Circle. The CEO and other members of the peer-to-peer payments company took questions from the community earlier today. Whilst largely a PR piece for the firm to lament its successes of 2018, some interesting developments at Circle…
Since Bitcoin volumes began to dissipate in late-2018, which came alongside price plunges, the crypto’s curious investors have sought to determine where the money has fled. For the longest time, it was assumed that over-the-counter (OTC) desks picked up where spot exchanges, namely Bitfinex and Coinbase, were slacking. Yet, a recent company update from Circle has touted…
As the Bitcoin price has fallen throughout 2018, investors have sought solace in chaotic waters. Case in point, consumers en-masse have latched onto institutional forays, promising crypto-centric platforms, and ambitious price predictions from this industry’s finest in a bid to stay afloat. Investors’ thirst for the latter was quenched on Friday, as Jeremy Allaire, CEO of…
Tether Limited, the issuer of stablecoin Tether (USDT) wholly-owned by Bitfinex, has opened a bank account with Bahamas-based Deltec Bank. The move follows a long process of due diligence review of the company, including the ability to maintain the USD peg at any moment in time, the announcement says. Deltec Accepts Tether as Client After Long Due…
Hong Kong’s financial watchdog is looking to tighten investor protection by regulating cryptocurrency trading platforms. The Securities and Futures Commission (SFC), however, is limited by its legal regulatory reach of securities only, according to Carlson Tong Ka-shing, the outgoing chairman. Outgoing SFC Chairman Says Ban on Cryptocurrency Trading “Will Not Work in Today’s Internet World” In…
Circle Internet Financial, one of the markets most well-known and well-funded crypto startups is acquiring crowdfunding firm SeedInvest in order to make it easier for startups to issue digital coins and to allow its customers to trade a greater variety of digital tokens. Major Development in Tokenized Securities SeedInvest was founded in 2012, and is…
After finding much success in their unique “Buy the Market” feature, Circle has announced that additional cryptocurrency bundles each broken down by category are now available via the Circle Invest app. Circle Invest Debuts New Cryptocurrency “Collections” The Goldman Sachs-backed peer-to-peer payments technology company, Circle, has been aggressively expanding into the cryptocurrency space. This began…
In spite of the mixed market conditions, innovators with the cryptocurrency industry pushed forward, releasing new products and services that are likely to alter how this space operates and performs. LedgerX To Add Ethereum Derivatives Vehicle Insider sources from the New York-based LedgerX have revealed that the crypto startup intends to offer Ethereum derivatives in…