Crypto Spark: STABLE COINS ~ CIRCLE RAISES $110 MILLION & BITCOIN PRICE NEWS
STABLE COINS ~ CIRCLE RAISES $110 MILLION & BITCOIN PRICE NEWS
Stable Coins are gaining more attention now in Cryptos. People often enter cryptos by way of Bitcoin, then they may want to trade and or get out of bitcoin, ethereum, litecoin or newer volatile alt coins. Stable coins are designed to be pegged to a fiat currency to give some tokenized connection to less volatile currencies without selling altogether.
Circle raises another $110 Million in funding, and will be developing the next Stable Coin.
Bitcoin Prices discussed, which way is the market heading, and the news impacting the price possibly from Consenus 2018.
https://cointelegraph.com/news/circle-raises-110-mln-in-investment-round-plans-to-release-fiat-based-stable-coin
https://www.bloomberg.com/news/articles/2018-05-16/bitcoin-true-believers-still-waiting-on-conference-fueled-rally
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