Circle Takes Aim at Crypto Index Funds with Market Cap-Weighted Investing

Cryptocurrency brokerage service Circle Invest is taking aim at crypto index funds with its new “Buy the Market” feature, which allows retail investors to purchase market cap-weighted positions in the assets listed on the platform. The feature, added to the investing app in its latest update, gives investors the option to decide how much they

The post Circle Takes Aim at Crypto Index Funds with Market Cap-Weighted Investing appeared first on CCN

Bitmain Leads $3 Billion Crypto Exchange Circle’s $110 Million Series E Round

Goldman Sachs-backed cryptocurrency exchange Circle now has a new investor to its name, the Chinese crypto mining giant Bitmain. A new investment round led by Bitmain values the exchange at $3 Billion and also includes other notable names like Accel and Blockchain Capital. Along with the new funding round, Circle also announced their plans for

The post Bitmain Leads $3 Billion Crypto Exchange Circle’s $110 Million Series E Round appeared first on CCN

Circle Invest Adds Zcash Trading in Bid to Compete with Coinbase

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 users buy cryptocurrencies with ease. Circle Invest users can

The post Circle Invest Adds Zcash Trading in Bid to Compete with Coinbase appeared first on CCN

Circle’s OTC Crypto Desk Doubles Minimum Orders to $500,000 While Clearing $100 Million Trades

‘The market is robust.” That’s how Jeremy Allaire, chief executive of fintech startup Circle, described the nascent institutional cryptocurrency trading market, which he says has grown dramatically in 2018 even as prices entered a bear cycle. Speaking with Business Insider, Allaire said that Circle Trade — the company’s over-the-counter (OTC) trading desk  — has doubled

The post Circle’s OTC Crypto Desk Doubles Minimum Orders to $500,000 While Clearing $100 Million Trades appeared first on CCN

iOS Update Brings Global Blockchain Payments via Circle

Anyone with iOS 10 will soon be able to use blockchain payments app Circle to send and receive payments directly within Apple’s iMessage app. Circle for iMessage represents a major step in the evolution of social message payments in the West, similar to what has already happened in China. Circle for iMessage is available from the App […]

The post iOS Update Brings Global Blockchain Payments via Circle appeared first on CCN: Financial Bitcoin & Cryptocurrency News.