Bitcoin has consolidated its safe-haven status especially amid the mass demonstrations in Hong Kong and global uncertainty, Circle CEO Jeremy Allaire hinted in an interview with CNBC’s Squawk Box. Circle CEO Sees Increased Demand from Holders On August 19, Circle’s Allaire said that investors were still attracted by non-sovereign digital assets such as Bitcoin. The...Read More
Crypto financial services company Circle CEO Jeremy Allair thinks that Bitcoin is particularly attractive to people who want to have control over their funds. Jeremy Allaire, CEO at cryptocurrency financial services company Circle, expressed his optimism in regards to Bitcoin (BTC) being a safe haven for investors despite recent market volatility. On Aug. 19, Allaire...Read More
On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with more than $7 billion under custody. Also Read: Hong Kong Protest Leader Hopes to...Read More
One of the world’s leading cryptocurrency startups, Circle, is seeking to raise $250 million according to sources directly involved with the initiative. Circle is the operator of the Poloniex cryptocurrency exchange, currently ranked 74 in the world by volume on Coinmarketcap. The firm acquired Poloniex for $400 million and also runs an institutional trading branch...Read More
