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Tag Archives: Circle

Circle App Raises $110 million & Introduces its Own Crypto-Dollar at Consensus 2018

Circle App – Boston-based fintech company Circle, has its sights on making a faster and better digital version of the U.S. dollar. The start-up company announced its new digital token that would be pegged to the US dollar yesterday at Consensus 2018. Circle founders @psneville and @jerallaire took the stage at #Consensus2018 earlier today to announce Circle USDC, a price-stable ...

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Circle Raises $110 Mln In Investment Round, Plans To Release Fiat-Based Stable Coin

Boston-based Circle Internet Financial Ltd., a digital currency products developer, has closed a $110 mln fundraising round led by mining hardware manufacturer Bitmain, Bloomberg reports May 15. The two companies are now partners in a project to create a token which is backed by US dollars. The investment lifts Circle’s valuation to nearly $3 bln, which is more than six ...

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Goldman Sachs-Backed Circle Announces Cryptocurrency Version of US Dollar

Goldman Sachs-backed payment company Circle has announced that it is introducing a cryptocurrency version of the U.S. dollar. Circle’s Digital Coin Aims to Solve Volatility In an announcement today, the fintech startup revealed that a new digital currency would be pegged to the U.S. dollar, known as Circle USDC (USD Coin). According to the company, the invention of blockchain-based computing ...

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Monero Now Available on Circle Invest Crypto App

Join our community of 10 000 traders on Hacked.com for just $39 per month. Circle Invest, the blockchain start-up application, has added Montero to the list of digital assets available on its platform, the firm said in a blog post on Monday. Montero becomes the second privacy focused coin it has added in a row. In April Circle Invest introduced ...

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Zcash (ZEC) Joins Circle Invest Family

The Circle platform is going to be making some major waves in the crypto space over the next 3 weeks. It all started on Monday, April 30, when Circle disclosed that it is adding Zcash (ZEC) to its list of offerings for its investment app, dubbed the Circle Invest platform.  Circle Adds Zcash to Circle Invest On Monday, Circle announced ...

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Zcash Added to Circle Invest in Bid to Compete with Coinbase

Join our community of 10 000 traders on Hacked.com for just $39 per month. Goldman Sachs-backed fintech startup, Circle has announced that it will be adding Zcash to its Circle Invest platform. The platform, released following beta testing in March, aims to compete with Coinbase, providing users with instant, commission-free crypto asset trading. It provides a simple service that lets ...

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Circle Doubles Minimum Bitcoin Trade To $500K As CEO Says Volumes Will Rise

The over-the-counter (OTC) trading platform of Goldman Sachs-backed financial services startup Circle doubled its minimum Bitcoin trade amount to $500,000 amid what it calls a “robust market”, Business Insider reports Monday, April 23. In comments to Business Insider, Circle CEO Jeremy Allaire said the move preempts a U-turn in crypto trading markets, which saw volumes decline in Q1 this year ...

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Circle Trade Increases Minimum BTC Order to $500,000

The OTC trading wing of Circle has today announced that they will increase the minimum ticket size on Bitcoin trades from $250,000 to $500,000. The news comes as something of a surprise as digital currency exchanges have reported a drop off in business from the start of the year. Despite Lull in Exchange Trading Volumes, OTC Desks Thrive Jeremy Allaire, ...

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