Tag: Circle
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Crypto News: Circle Launches A Stablecoin; Tim Draper And Peter Brandt Claim Bitcoin Hit Its Lowest Level At $6,350
The crypto market has been very volatile these days with some coins surging to the moon thanks to exciting announcements in the cryptosphere, and others, more specifically Bitcoin, dropping a lot. Circle launches its stablecoin Meanwhile, Berminal reports that Circle announced that from now on, individuals and institutions would be able to tokenize physical currency…
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Circle Raises $110 Million & Plans To Issue USD-C Token, A Viable Replacement For Tether
Circle crypto firm brings enthusiasts an exciting announcement. Circle shared the great news that it managed to raise $110 million via a Series E fundraising round that was led by the Chinese company Bitmain Technologies. Now, Circle enters Coinbase, and it’s proudly wearing the tag of the best-founded crypto companies in the U.S. Circle also…
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What Circle’s Acquisition of Poloniex Means for Crypto (Especially Small Altcoins)
On February 26, fintech startup Circle announced it had closed a deal to buyout the cryptocurrency exchange Poloniex for reportedly $400 million—it is the largest acquisition in crypto history. The acquisition is intriguing because it may reveal information about the trajectories of Circle and Poloniex, sentiment of Circle’s venture capital backers, and new services that…