Billionaire crypto investor, Barry Silbert, the founder and CEO of Digital Currency Group, on Saturday offered sympathy and advice to those who have lost fortunes recently. It’s been a tough six months to be a crypto investor. Whipsawing markets, faltering asset prices, rising interest rates yields, and high inflation have all combined to shock stock,…
Tag: COINS
Why did crypto crash? Mark Cuban compares crypto ‘lull’ to the early internet
Mark Cuban, billionaire entrepreneur and owner of the NBA’s Dallas Mavericks, thinks that cryptocurrency is on the same downward trend that tech and internet companies hit in the early 2000s. Bitcoin hit a 10-month low on Monday, and sales of non-fungible tokens, aka NFTs, plummeted between January and March 2022. See also: Coinbase CEO says…