Is there a crypto bubble? Yes, says CEO of $15 billion exchange Kraken

Is there a crypto bubble? Yes, says CEO of $15 billion exchange Kraken

Open the article to view the coverage from Fortune

Kraken Co-CEO Warns Crypto Markets May Be Entering a Bubble - Crypto Economy

TL;DR Bubble Warning: Kraken co-CEO Arjun Sethi says crypto markets frequently enter short-term bubbles, with current trends showing signs of speculative excess driven by IPOs and regulatory tailwinds. Token Risk: Barry Silbert warns that 99% of digital assets are likely to collapse, calling most tokens “crap” and fundamentally overvalued. Market Signals: A 15% drop in asset treasury stocks suggests weakening investor confidence despite bullish…

Crypto Leaders Warn of Market Bubble Risk, Token Collapse - Blockchain & Cryptocurrencies Tabloid

Kraken and DCG warn of crypto bubble risks and potential token collapse amid declining valuations.

Kraken Co-CEO And Barry Silbert Warn Of Crypto Bubble; 99% Tokens Could Tank - Coin Surges

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 t…

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 t…