Jeremy Allaire news

Jeremy Allaire is currently CEO and founder of the digital currency company Circle.

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Circle’s Jeremy Allaire claims Bitcoin’s growing adoption will drive individuals to convert long-term wealth into digital assets

Trade wars are usually good news for non-sovereign, highly secure digital stores of value. With Bitcoin [BTC] registering continuous growth in adoption rate, Circle CEO Jeremy Allaire pictures a scenario where individuals will convert a part of their long-term investment capital into digital assets. Circle shared the interview with Global Coin Research over its official […] The post Circle’s Jeremy Allaire claims Bitcoin’s growing adoption will drive individuals to convert long-term wealth into digital assets appeared first on AMBCrypto.
AMBCrypto

Circle’s Jeremy Allaire praises China’s government-backed digital currency

“Our view was that RMB was going to grow in the world”, said Jeremy Allaire, the CEO and founder of the digital currency company Circle, as China geared up for its first-ever government-backed digital currency. Recent reports revealed that the central bank digital currency is “almost ready” after five years of work. In a recent […] The post Circle’s Jeremy Allaire praises China’s government-backed digital currency appeared first on AMBCrypto.
AMBCrypto

Circle’s Jeremy Allaire claims innovations will be hurt by flawed regulatory system for cryptocurrencies

Circle, a peer-to-peer payments technology company, has been all over the news lately, due to several developments in the ecosystem. A few weeks ago, Circle CEO Jeremy Allaire had testified before the U.S. Senate Banking Committee as a representative of the Blockchain Association trade group. In his testimony, Allaire pointed out the flaws in the […] The post Circle’s Jeremy Allaire claims innovations will be hurt by flawed regulatory system for cryptocurrencies appeared first on AMBCrypto.
AMBCrypto

Jeremy Allaire Analyses Recent Growth in Bitcoin and Expectations from G7

Bitcoin, which was looking to break bearish in the past week, rejected yet another attempt to fall below $9000. The price of Bitcoin at 5: 30 hours UTC on 20th August 2019 is $10,796. It is trading 2.83% higher on a daily scale. BTC/USD 1-Day Chart on Bitstamp (TradingView) The Bakkt announcement has had a significant positive effect on market sentiments. Moreover, Bitcoin’s primary utility at this time is a ‘safe haven’, hence, the rise was being attributed to the growing unrest in Hong-Kong. However, there are significant concerns about whether the correlation is real or just speculation. Jeremy Allaire, CEO at Circle mentioned in a recent interview that the ideology of Bitcoin as a safe haven surely gets a push in areas where “intense concern about capital control is there.” However, one cannot “measure at any given time” the correlation to speculation or actual buying from the affected regions. Moreover, he also added that “last week was a significant kind of risk-off week for equities”, meaning that investors seemed to be moving to less risky assets. While this can again be a positive signal for Bitcoin, he also warned that Bitcoin is already up about 200% in the last 9 months, therefore, they might look to book their profits there as well. G7 Expectations: Good or Bad? The G7 Conference will convene on the 24 August, 15 nations along with the FAFT Financial Action Task Force (on Money Laundering) will discuss on the matter. The FAFT recently implemented the ‘travel rule’ guidelines for crypto exchanges and service providers to tackle the problem of money laundering through crypto. Moreover, any restrictive law imposition or negative view of Bitcoin or cryptocurrencies could adversely affect the price. Joe Kernen asked Jeremy about the focus on crypto that can be expected in it. He said, “Crypto as an agenda item is absolutely on the docket. Its becoming obviously an agenda item… Not just because of the growth in Bitcoin, but also stablecoin like the US dollar coin and Libra” Nevertheless, he does not expect any specific policies to be announced. He only expects them to reveal their ‘perspective’ on it. Will the perspective be positive or negative? Please share your views with us.  The post Jeremy Allaire Analyses Recent Growth in Bitcoin and Expectations from G7 appeared first on Coingape.
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HUGE Altcoin Updates! Stellar, Binance US, Tomochain, Digibyte, NEO, Monero, Bitcoin Bakkt

Binance Adds BNB to Binance US https://finance.yahoo.com/news/binance-us-adding-7th-coin-102155751.html A brief history of the world of crypto. Plus, all of the latest news and updates from the Stellar Developers ecosystem https://medium.com/stellar-community/stellar-dev-digest-issue-14-ea71609a22b0 How TomoChain’s TomoZ intends to take on Ethereum market share! https://twitter.com/TomoChainANN/status/1173152916888096768 https://twitter.com/Altcoinbuzzio/status/1172575745584971777 https://www.altcoinbuzz.io/crypto-news/product-release/how-tomochains-tomoz-intends-to-take-on-ethereum-market-share/ Virtual Rehab with Virtual Reality is now solving real-world problems https://cryptodaily.co.uk/2019/09/apple-entry-blockchain-via-rumoured-vr-project https://www.zerohedge.com/news/2019-09-09/virtual-reality-now-solving-real-world-problems Celer Network and NEO Are Launching a Partnership https://www.altcoinbuzz.io/crypto-news/partnerships/celer-network-and-neo-are-launching-a-partnership/ Bitcoin #Bakkt Tweet https://twitter.com/Bakkt/status/1173683919687966720 Big! #Monero ready to use Zcoin’s Privacy protocol https://www.altcoinbuzz.io/crypto-news/product-release/big-monero-ready-to-use-zcoin-privacy-protocol/ #digibyte lists on UpHold https://twitter.com/DigiByteCoin/status/1173623829652004866 #bitcoin #cryptocurrency #altcoin #altcoins #crypto #btc $BTC #bitcoinprice #ethereum #electroneum #cardano #enjin #crypto.com #hpb #digibyte #bitcoinnews #btcnews #libra #chainlink #ripple #xrp #xrpripple #binance #bitcoinnewstoday #cryptonews #litecoin #cryptocurrencynews #news Bitcoin cryptocurrency altcoin altcoins crypto btc $BTC bitcoin price ethereum electroneum enjin crypto.com cardano digibyte bitcoin news btc libra chainlink ripple xrp ripple Binance bitcoin news today crypto news Litecoin cryptocurrency news hpb high performance blockchain $xrp $enj $etn $ltc $dgb $ada NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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Celsius Network Offers up To 12% APR on USDC, TUSD, USDT and Other Stablecoins

The Celsius app offers the industry highest rates and supports six different stablecoins all eligible to earn up to 12.03% annually with interest paid out weekly Celsius Network (https://celsius.network/), the industry-leading cryptocurrency platform, announces today it has increased interest rates for stablecoin deposits to 12.03% APR. Users who choose to earn interest in Celsius Network's blockchain-based CEL token can earn up to 30% more than the 9.25% depositors who are paid in-kind on their coins. Celsius is raising its rates because it is consistently earning higher returns on its deposits and distributes 80% of its income to its depositors; as it earns more, it distributes more. Unlike other platforms, ...Full story available on Benzinga.com
Benzinga

VanEck, SolidX Pull Bitcoin ETF Filing From SEC Consideration

Less than two weeks after VanEck and SolidX rolled out the VanEck SolidX Bitcoin Trust ETF (XBTC), a bitcoin exchange traded product aimed at institutional investors, the firms said they're withdrawing plans for bitcoin exchange traded fund aimed at a broader swath of investors. What Happened The ETF issuer and the fintech firm pulled the filing from consideration by the Securities and Exchange Commission on Sept. 13. The agency had delayed an ultimate decision on that product, as it has with various other bitcoin ETF proposals, several times, but was facing a hard and fast deadline of Oct. 18 to approve or disapprove the VanEck SolidX Bitcoin Trust. “Tuesday’s filing marks the second time VanEck and SolidX withdrew the proposed ETF. ...Full story available on Benzinga.com
Benzinga

IOTA Introduces Chronicle Permanode to Amend Scalability Issues

IOTA, a permissionless trust protocol designed to revolutionize the Internet of Things (IoT) ecosystem by facilitating a frictionless exchange of value between machines and humans, has announced the launch of Chronicle, a permanode solution the team hopes will give node operators an unlimited amount of storage space in their Tangle distributed database, according to aRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
BTC Manager

Wells Fargo Plans Blockchain-Based Internal Settlement Services

The world’s fourth-largest bank, Wells Fargo, announced plans to use its digital token to pilot internal settlement services, which would run on its distributed ledger technology (DLT) platform. Per the press release September 17, 2019, the pilot project is expected to take off in 2020 and would initially focus on USD transfers.  Digital Token forRead MoreRead More. The post by Anthonia Isichei appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
BTC Manager
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