Blockchain, DLTs, and a Lot of Crypto-Bashing: Main Takeaways From Davos WEF
Recap of what went on at WEF Davos 2019 (spoiler: a lot of “blockchain before Bitcoin”) Go to Source Powered by WPeMatico
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OTC Desks Proliferate as Volume Shifts From Spot Markets
While trading volume on the top cryptocurrency exchanges declined dramatically during the second half of 2018, all signs suggest that over-the-counter (OTC) markets are now attracting increasing liquidity, with a number of prominent cryptocurrency exchanges entering the OTC space. Additionally, several major existing OTC desks have recently spoken of experiencing significant growth in trade volume. … Read more
Circle Releases Third Audit Report of Stablecoin USDC’s Dollar Reserves
Circle releases yet another third-party audit report of the USD reserves backing its stablecoin, USDC Go to Source Powered by WPeMatico
Circle CEO Says More Regulatory Clarity From US SEC Will Help Unlock Crypto Markets
The CEO and co-founder of crypto finance company Circle says more clarity over crypto and securities laws will help unlock market activity Go to Source Powered by WPeMatico
Circle’s Cryptocurrency OTC Desk Swapped More Than $24 Billion in 2018
Finance company Circle claims its over-the-counter (OTC) cryptocurrency trading desk swapped a notional volume of $24 billion last year. The Boston-based company’s Circle Trade desk reportedly executed more than 10,000 cryptocurrency settlements between 600 unique counterparties in 2018. Also Read: New Full Node Client ‘Bitcoin Verde’ Joins the BCH Ecosystem Despite the Crypto Bear Market in … Read more
Circle Executed $24 Billion in OTC Trades in 2018
The OTC trading desk at crypto finance firm Circle executed $24 billion in trades in 2018, according to a recent statement Go to Source Powered by WPeMatico
Bitcoin Whales and the Rise of Crypto-Fueled OTC Desks in 2018
Cryptocurrencies grew immensely popular in 2017, but throughout the following year, digital asset markets fell sharply in value. However, over-the-counter (OTC) market makers thrived in 2018, with a slew of business models in the industry catering to OTC clients. Also Read: Bitbacker.io Aims to Offer a Cryptocurrency-Powered Patreon Alternative Billions Swapped Using Over-the-Counter Cryptocurrency Services … Read more
Crypto Bear Market Triggers Rise in M&A Activity
In 2018 there was a rapid decline in initial coin offerings, a slowdown in blockchain business launches, and a bearish crypto market. During this period, companies with good liquidity have been scaling up and strengthening by acquiring startups. Also Read: Global Cryptocurrency M&As Rise M&A Deal Frenzy in 2018 In 2017 the number of cryptocurrency and … Read more
Circle Publishes Another Third-Party Audit of USD Reserves for Stablecoin USDC
Goldman Sachs-backed Circle has published a third-party audit of its USD-pegged stablecoin USD Coin for the second time Go to Source Powered by WPeMatico
Bitcoin to Be Worth ‘Great Deal More’ in Three Years, Circle Co-Founder Says
Jeremy Allaire, co-founder of crypto finance company Circle, believes that Bitcoin will be worth “a great deal more” in three years Go to Source Powered by WPeMatico