Cryptocurrency Analysis and News Portal
The largest Bitcoin ATM operator in the world has said it will be expanding into Circle K locations in the United States and Canada.Bitcoin Depot announced today that more than 700 of its Bitcoin ATM machines had already been installed at Circle K convenience stores in 30 U.S. states as
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A Twitter user, however, countered Allaire’s opinion on USDC and PayPal.The CEO and co-founder of Circle Jeremy Allaire is confident in the USD Coin (USDC) and believes that the coin is about to exceed PayPal Holdings Inc (NASDAQ: PYPL). According to Allaire, Circle’s USDC is on the way to surpass
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Circle was quick to release a statement, ensuring that there would be full cooperation with IRS, and assuring their clients of the safety of their assets.The IRS is no stranger to going after the tax records of cryptocurrency companies, in 2016, crypto company Coinbase was forced to eventually produce client
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Circle CEO Jeremy Allaire believes the incoming Joe Biden presidential administration in the U.S. will “ultimately be supportive of cryptocurrency because it represents a seismic shift as large as the commercial internet.” In a Monday interview on CNBC’s Squawk Box, Allaire spoke about how he thinks the incoming administration may regulate
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Circle CEO Jeremy Allaire claimed to have purchased $100 in BTC on the payment app. PayPal is yet to comment on Allaire’s claim.The CEO of Circle Internet Financial Limited Jeremy Allaire claimed to buy Bitcoin (BTC) worth $100 on PayPal Holdings Plc (NASDAQ: PYPL) in a tweet. Notably, PayPal said
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The CENTRE consortium, led by Coinbase and Circle, announced on Thursday that its U.S. dollar-backed stablecoin, USD Coin (USDC), would be launched on the Algorand blockchain as part of a new collaboration with the Algorand Foundation. Circle said it would also support digital dollar stablecoins that are interoperable with USDC on
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The not-for-profit organization Algorand Foundation has cut a deal with Circle to bring fiat-backed stablecoin capability to Algorand. The stablecoin, called USD
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Circle’s full-tilt pivot into stablecoins is nearly complete. The payments startup intends to sell SeedInvest, the crowdfunding platform it bought a year ago, and focus its remaining assets on developing stablecoin products, said Jeremy Allaire, one of Circle’s co-founders and its remaining CEO (fellow co-founder and one-time co-CEO Sean Neville stepped
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Despite ongoing bullish movement in crypto markets, Circle continues to sell off wings of its business.Circle, a Goldman Sachs-backed crypto startup that launched USD-pegged stablecoin USDC, has agreed to sell its digital asset investment app Circle Invest to Voyager Digital Canada, the operator of digital asset broker Voyager.Circle Invest
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Throughout the seven volatile years during which Circle founder Jeremy Allaire has been developing crypto products, he has consistently warned there's much work to do before the technology is ready for mass usage.Now, with governments starting to explore digital currencies, new stablecoin models emerging and big tech platforms like Facebook
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