Tag: circle

  • Altcoins Technical Analysis
    Technical

    Ripple Price Analysis: Sep 2018 Gains Shore XRP Bulls

    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...

    Dalmas Ngetich | January 11, 2019 | 3:00 pm
  • Crypto

    Circle CEO: Crypto Will Have a Bigger Impact than the Web

    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...

    Rick D. | January 10, 2019 | 10:00 pm
  • Bitcoin

    Wall Street Still Throwing Billions At Bitcoin, But There’s Still A Ways To Go

    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...

    Nick Chong | January 6, 2019 | 12:00 pm
  • bitcoin price
    Bitcoin

    Circle CEO: Bitcoin Price Will Boom In Years To Come

    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...

    Nick Chong | December 16, 2018 | 9:00 pm
  • Stablecoin
    Crypto

    Circle’s Stablecoin USDC Passes Independent Audit, Fully Backed by USD

    The Circle Internet Finance-issued stablecoin, USDC, has received a formal attestation from an independent accountancy firm. It relates to the correlation between the numbers of tokens minted and the balance at the bank where the fiat currency backing them is stored. GrantThornton confirmed that the balance of USDC...

    Rick D. | November 22, 2018 | 11:45 pm
  • Tether
    Technology

    Tether Opens Bank Account with Caribbean Deltec Bank

    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...

    Ricardo Esteves | November 2, 2018 | 7:00 pm
  • Coinbase
    Bitcoin

    Coinbase to List Competitor-Backed Stablecoin Amidst Growing Interest

    Coinbase will reportedly list a stablecoin initially backed by one of its closest competitors after joining the consortium behind the USD-pegged cryptocurrency. Coinbase Joins CENTRE Consortium, Will List USD Coin San Francisco-based cryptocurrency exchange Coinbase recently listed decentralized exchange protocol utility token 0x (ZRX) to the list of cryptocurrencies...

    Tony Spilotro | October 23, 2018 | 7:00 pm
  • Regulations
    Technology

    Circle CEO: Global Cryptocurrency Regulation Needed for Industry to Advance

    Jeremy Allaire, the CEO of the Goldman Sachs-backed cryptocurrency startup, Circle, spoke about the importance of global cryptocurrency industry regulations during a recent interview in London. This sentiment has been echoed by many industry experts and leaders, who all believe that global regulation will be the next evolutionary...

    Cole Petersen | October 23, 2018 | 6:15 pm
  • Cryptocurrencies
    Technology

    Hong Kong to Propose Regulation for Cryptocurrency Trading

    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...

    Ricardo Esteves | October 15, 2018 | 11:30 pm

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