Bitcoin Buyers are ‘Dumb, Inexperienced Kids’: Gold Investor Slams Crypto

By CCN: Gold investor Peter Schiff unleashed yet another savage takedown of bitcoin at this weekend’s SALT Conference. Schiff touted the same usual criticisms of bitcoin, calling it a “pump and dump scheme” that has “no value to hold.” But in a particu…

Bitcoin Price Has Finally Bottomed: Digital Currency Group Founder Barry Silbert

Seven months into a severe cryptocurrency market downturn, the bears have finally run out of steam, leaving the bitcoin price primed for a breakout. That’s according to Barry Silbert, founder of the Digital Currency Group (DCG), perhaps the cryptocurre…

Blogger David Seaman Calls Ethereum Classic a Scam; Questions Silbert’s and CoinDesk’s Roles

David Seaman, a crypto blogger, has written a blog in the Huffington Post saying that sources have told him authorities are examining Barry Silbert’s role with Ethereum Classic, which Seaman considers a scam. In another Huffington Post blog, Seaman claims CoinDesk, which Silbert’s Digital Currency Group has acquired, is promoting Ethereum Classic. In the interest […]

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Bitcoin-Centric Investor Digital Currency Group Sees Investment from Western Union

Frequent bitcoin- and blockchain-focused investment firm Digital Currency Group now sees Western Union as an investor in a new funding round. Money-transfer giant Western Union is Digital Currency Group’s newest investor, in a new funding round. Digital Currency Group (DCG) is also welcoming new investors to the firm in Beijing-based HCM International Co., a subsidiary […]

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Chilean Bitcoin Exchange SurBTC Secures $300,000 Investment, Will Address Remittance Market

SurBTC.com, Chile’s largest bitcoin exchange, recently secured a $300,000 USD investment which will allow the company to improve its customer experience and serve the remittance market in addition to other services, the company announced. The investors include Digital Currency Group (DCG), which has funded more than 60 bitcoin companies in 25 countries. The new investment, which complements […]

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MasterCard Invests In Silbert’s Digital Currency Group

MasterCard is backing Barry Silbert’s newest initiative, Digital Currency Group, his first since selling SecondMarket to Nasdaq last week. Many believe this marks a major development in the Bitcoin space as the digital currency flirts with the $300 level.  Silbert has gained the support of big-time backers for the new conglomerate focused exclusively on Bitcoin and other block chain technologies. The new company, Digital Currency Group (DCG), will include Silbert’s over-the-counter Bitcoin trading firm, Genesis Global Trading, as well as Grayscale Investments, a digital currency asset management firm. Digital Currency Group will be home to 57 seed-stage investments already made […]

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