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Circle startup CEO Jeremy Allaire expressed confidence that Bitcoin is attracting investors as a safe asset.
Circle startup CEO Jeremy Allaire expressed confidence that Bitcoin is attracting investors as a safe asset. "You saw there were a lot of holders of digital assets whose broader portfolios were taking a hit and if they had gains, obviously bitcoin is up over 100% almost 200% over the past 9 months or so, that's a place to take some gains as well. Depending on the type of holder so to speak, you're going to see slightly different behaviors during these market moves," said Circle CEO. #icorating #iconews #icolink #cryptonews #Binance #icolisting #ICO #btc #ETH #Circle #Allaire #asset #hold #hodler #market
JOE SAZ: AFTER THE ELIMINATION OF SHORT POSITIONS, BITCOIN WILL NOT STOP
Cryptocurrency analyst and BlockTV reporter Joe Saz believes that after the elimination of short positions on Bitcoin by $ 100 million, the growth of the first cryptocurrency can not be stopped. "I think that this can keep going. There's nothing stopping it. I don't want to go too far into the clouds here, but there might have even been $100 million plus dollars in liquidations overnight… I saw a lot of $10 million in short liquidations. So what does that mean? It means a lot of people were betting that we were headed down and they got completely smashed in the face. So I don't recommend to enter any short or long positions," the analyst emphasized. #icorating #iconews #icolink #cryptonews #Binance #BlockTV #JoeSaz #liquidations #shortpositions #longpositions #JeremyAllaire #bullishcross
The SEC weighed in on the status of Ethereum (ETH) yesterday. The SEC noted that the cryptocurrency does not display any of the characteristics of a traditional security.
The University of Texas at Austin has received funding from Ripple. The company has pledged to invest USD$2mm over the next five years to support a blockchain research initiative
itBit, a cryptocurrency exchange built for institutions and trading professionals, will now be offering regulated trading and custody services for BCH, ETH, LTC, and XLM
Steve Bannon has reportedly held meetings with investors and hedge funds about initial coin offerings (ICOs).
Russia is classifying cryptocurrencies as “digital rights” when regulating the digital token space.
Grayscale investments, has released a paper discussing how digital assets are reshaping asset allocation. The firm is arguing that cryptocurrencies are a brand-new asset class that can enhance strategic asset allocation and enable investors to build portfolios that have higher risk-adjusted returns
Western Union said that it has not found any savings results by using Ripple (XRP) for transactions.
Fundstrat Global Advisors, a well-known research firm that covers Bitcoin (BTC), issued a report yesterday and noted that BTC could fall further to somewhere between USD$5,000 and USD$5,500
Thailand’s Securities and Exchange Commission (SEC) has provided details on the country’s regulatory framework for digital currencies and initial coin offerings (ICOs)
Recent research has found that 5% of Monero (XMR) has been mined through Malware. The mining was done via cryptojacking, which is a practice of using computer processing power from another individual without his or her permission.
Greenwich Associates has performed a study and reported that more than USD$1.7bn is being spent on developing blockchain each year. The firm noted that 10% of banks internationally are spending over USD$10mm a year on blockchain projects.
Ripple’s CEO, Brad Garlinghouse, said that bitcoin (BTC) is controlled by Chinese miners and has no hope of being a world currency.
The Co-Founder & CEO of Circle, Jeremy Allaire spoke this morning and stated that global society is “at the beginning of a tokenization of everything”
Coinbase has announced they will be launching their index fund which is composed of cryptocurrencies on their exchange services platform.
JD Finance, a subsidiary of Chinese e-commerce player, announced it will be issuing asset-backed securities (ABS) on a blockchain.
Forbes has reported that blockchain-based betting will occur throughout the FIFA World Cup this year.
The Financial Action Task Force (FATF) is planning to develop binding rules for the world’s cryptocurrency exchanges
Haja Networks, funded by Outlier Ventures, Polychain Capital, BigchainDB and Creathor Ventures, will seek to create blockchain technology that will allow users to sell or lease their data to businesses
Coinbase announced that it will be adding Ethereum Classic (ETC) to its platform in the coming months. Ethereum Classic’s price jumped over 20% following this news.
Japanese technology giant Fujitsu will be using blockchain to create a rewards system for the domestic retail market. Its distributed ledger-based system will be exhibited this week at Interop Tokyo.
Binance will be launching euro trading pairs this year. According Chief Executive Officer Zhao Changpeng. Users will be able to convert their digital tokens to fiat currencies such as the EUR€.
The former Chair of the US Federal Deposit Insurance Corporation (FDIC), Sheila Bair, stated that the Federal Reserve needs to consider issuing a central bank digital currency
Allaire then said that Circle – which launched a US dollar stablecoin in 2018 – is apparently keeping the eye on China’s development. As the statement of Jeremy Allaire on China’s cryptocurrency showed, a digital renminbi makes sense in view of the larger global financial picture. Circle CEO Jeremy Allaire hat in einer AMA (Ask-Me-Anything) gesagt, dass er glaubt, dass der “Kern” der Kryptowährungswerte unterbewertet ist. Diese Aussagen folgte nachdem der Bitcoin Kurs auf fast $ 3.600 gefallen ist. Allaire: Die Märkte sind überverkauft. In einer Reddit ‘Ask Me Anything’-Sitzung am 10. Januar betonte Allaire ... This week the cryptocommunity watched in anticipation as the U.S. Senate Banking Committee held a hearing on cryptocurrencies. The hearing featured testimonies from a number of high-profile crypto personalities, including Circle CEO, Jeremy Allaire. During the spirited debate, some key points did emerge. Some Senators Get It One of the main takeaways from the hearing […] News › Bitcoin › China › People Bitcoin’s correlation with China according to Circle’s CEO Jeremy Allaire . The co-founder and CEO of Circle Jeremy Allaire affirmed that there is a “macro-correlation” between Bitcoin’s price movement and the current trade war between China and the United States that could lead to wider adoption in the Asian nation, according to a recent ... Jeremy Allaire: Bitcoin to Surpass $10,000 in June… Crypto Payments Firm Circle Closes Acquisition of… Share this: Post navigation ← Binance Suffers Crippling Lag, Angry Crypto Traders Lose Thousands Japan to Check Money Laundering Policies of Crypto Exchanges Ahead of FATF Inspection → Leave a Reply Cancel reply. Sign in with: Your email address will not be published. Required fields ... Jeremy joined Macromedia with its merger with Allaire Corporation, where Jeremy was a Co-Founder and Chief Technology Officer. Founded in 1995, Allaire Corporation was a pioneer in using the web ... The first bitcoin have been purchased on PayPal. The news is given by the co-founder and CEO of Circle, Jeremy Allaire, who on Twitter shared a screenshot.
Bitcoin News (Dec 15): See This Weekend's Top Crypto Stories and Blockchain Headlines
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