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 quenched on Friday, as Jeremy Allaire, CEO of… Continue reading Circle CEO: Bitcoin Price Will Boom In Years To Come
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Major UK Charity Fund Executive Believes Crypto Market Crash Is ‘Just a Bump in the Road’
A major U.K. charity fund executive declared during a crypto summit that the recent market crash is just a “bump in the road.” A major United Kingdom charity fund executive said at the Bloomberg Crypto Summit in London this Friday that the recent crypto market crash is just a “bump in the road,” Bloomberg reports… Continue reading Major UK Charity Fund Executive Believes Crypto Market Crash Is ‘Just a Bump in the Road’
Coinbase and Circle Launch USDC Stablecoin With Purported Full Backing in US Dollars
Crypto exchange Coinbase has launched the USDC stablecoin, which is fully collateralized by U.S. dollars and available for trading. Major U.S. cryptocurrency exchange Coinbase has launched the USD Coin stablecoin (USDC), making it the first stablecoin for trade on the platform, Cointelegraph learned at the Money 20/20 conference Oct. 23. The underlying technology behind USDC… Continue reading Coinbase and Circle Launch USDC Stablecoin With Purported Full Backing in US Dollars
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 Not Work in Today’s Internet World” In… Continue reading Hong Kong to Propose Regulation for Cryptocurrency Trading
The Stable Coin Frenzy Continues, Met with Criticism from Experts
One of the most popular cryptocurrency products being released in 2018 are stable coins, which widely market themselves as having all the benefits of cryptocurrencies, minus the volatility. Despite seeming like a practical product, some critics claim that they pose too many problems to ever be widely adopted. Controversy Surrounding Tether Sparks Frenzy The stable… Continue reading The Stable Coin Frenzy Continues, Met with Criticism from Experts