Kraken Co-CEO And Barry Silbert Warn Of Crypto Bubble; 99% Tokens Could Tank
Concerns about a potential crypto bubble have intensified over the past few days, with industry leaders like Arjun Sethi, co-CEO of crypto exchange Kraken, voicing alarm over the current state of the digital asset landscape. Sethi Warns Of Short-Term Crypto Bubbles In a recent interview with Fortune at the Brainstorm Tech conference in Park City, Utah, Sethi acknowledged the presence of a bubble when examining short-term market trends. During the panel discussion, Sethi noted, “If you look at it quarter by quarter, the answer is yes, we get into those bubbles all the time.” Related....
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Barry Silbert, Source: Twitter. SecondMarket Chief Executive and founder of the Bitcoin Investment Trust Barry Silbert remains not surprisingly bullish on bitcoin and its price. While many of us (me included) don't pay attention to the price of bitcoin, it's a huge talking point amongst enthusiasts and the suits on Wall Street - whether you like it or not. And Silbert's confident we'll see another price bubble the likes of which we saw in 2013 which essentially made bitcoin a household name. In case you're new to the community or your memory is equivalent to that of a goldfish, we had two....
See the announcement here. Barry Silbert sends out a teaser tweet. Founder and CEO of SecondMarket Barry Silbert, took to Twitter on Wednesday evening to tease his followers. Barry Silbert tweeted that he will be sharing some interesting news about the Bitcoin Investment Trust, the next day. Excited to share some @BitcoinTrust news tomorrow... The Bitcoin Investment Trust has received a great deal of interest since its announcement in September of last year, allowing accredited and institutional investors to be exposed to the bitcoin realm sans having to deal with buying, storing, and....
Inside Bitcoins New York will host Barry Silbert as a speaker on Day 3 of the event in a moderated “Fireside Chat”. Barry Silbert will discuss bitcoin investing, and the latest trends, changes, technologies, and companies currently shaping bitcoin. Barry Silbert has been a key leader in the rising bitcoin industry, even being selected in Fortune’s “40 under 40” in 2011, and this year has been named Entrepreneur of the Year by Ernst & Young and Crain’s. He is most respected for his founding of the Digital Currency Group, SecondMarket, and the Bitcoin Investment Trust (BIT)- the world’s....
Is Barry Silbert getting into trouble for voicing his support for Ethereum Classic? An article published on Huffingpost seems to suggest that Ethereum Classic is a scam, and its moral backers (read Barry Silbert) must be prosecuted under the US laws for promoting it. Penned by David Seaman, the follow-up article blames Silbert for promoting a pump-and-dump scheme, while referring to a series of tweets where the Bitcoin entrepreneur can be found inciting traders to purchase Ethereum Classic tokens (ETC). It even goes on seeking an enquiry against Silbert by none other than US Securities and....
Founder and CEO of SecondMarket Barry Silbert announced last July that he would be stepping down after nearly 11 years to focus solely on Bitcoin-related projects. Friday morning Silbert tweeted the name, Digital Currency Group (DGC). Marking its launch as an important step in separating his focus from SecondMarket. Digital Currency Group is only the latest of Silbert's Bitcoin ventures. Followers of the young cryptocurrency are certainly familiar with the other companies benefiting from his investments. Bitpay, Coinbase, Circle, Gyft and Kraken are among the 30+ companies to receive funds....