Circle Invest Takes on Coinbase and Robinhood in Crypto
*By Jacqueline Corba*
The payment technology start-up Circle unveiled a new version of its Circle Invest app this week that let's retail investors in 46 states play in the crypto market.
"We are one of the only places where you can purchase a series of seven coins," said Rachel Mayer, Circle Invest's product lead. "Bringing forth a rational approach to investing, and even longer term through automation is something we are really focused on at Circle Invest. Not only that, but explaining things in plain English."
Users of Circle Invest's mobile app can invest up to $10,000 in [seven cryptocurrencies](https://www.circle.com/en/invest) including Bitcoin, Ethereum, Litecoin, and Zcash. Mayer said the firm's competitive pricing and transparency set it apart from other services like Robinhood and Coinbase.
Transparency is an increasingly urgent issue for crypto traders as the Justice Department has opened an investigation into potential price manipulation of Bitcoin and other digital currencies, according to [Bloomberg.](https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe)
"This is exactly the type of behavior that we want to avoid," said Mayer. "We want consumers to get into the door and to really have a more savings and passive approach to investing over the long-term."
For the full interview, [click here](https://cheddar.com/videos/how-circle-invest-is-looking-to-bring-crypto-investing-to-masses).
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, minutes from last month’s meeting showed.
Sinead O’Sullivan breaks down Taylor Swift’s genius marketing for The Life of a Showgirl, which just set the record for most albums sold in a single week.
Markets are emerging from a turbulent Q3. Horizon’s Mike Dickson shares insights on interest rates, small caps, and where investors should look in Q4 and beyond
Bambu Ventures's Kyle Pretsch dives into Lemonaid’s $10M buyout, down from 23andMe’s $400M price tag, and what’s next after Chrome Co.’s dramatic pivot.
Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world's most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI's promise and perils during an interview with The Associated Press.
Grove Collaborative’s CEO shares how the company is reinventing everyday goods with sustainability at the core and working toward a plastic-free future.
Atlanta Mayor Andre Dickens shares plans for affordable housing, community-led growth, and why private and public grocery stores could be key to food equity.
