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Silk Road Bitcoin Auctions Prove There's Still An Interest In Cryptocurrency
Monday, March 9, 2015 - 11:51am | 338On Thursday March 5, the U.S. Marshals Service auctioned off around $13.9 million worth of bitcoins seized from Ross Ulbricht during the investigation into the Silk Road black market. The auction attracted 34 bids from 14 bidders, proving that interest in the cryptocurrency isn't dead...
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$16.7 Million Government Auction Did Not Cause Panic Selling
Saturday, June 28, 2014 - 3:25pm | 526Surprising some in the bitcoin community, U.S. Marshals bitcoin auction did not trigger the predicted price slide. The auction was for 29,656 bitcoins roughly worth about $16.7 million dollars. Bitcoin Relatively Stable Bitcoin traded in a relatively stable range of $570 to $590 on Bitfinex...
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What You Need To Know About Friday's $16.7 Million Bitcoin Auction
Wednesday, June 25, 2014 - 11:44am | 395The U.S. Marshals on Friday will auction off 29,656 bitcoins, worth roughly $16.7 million, they seized from the Silk Road website. Bitcoin is a volatile asset easily moving five percent or more on a day with no news. This auction will add additional volatility to the price. When The auction...
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SecondMarket CEO Barry Silbert Sees an Investment Revolution on the Horizon
Thursday, July 11, 2013 - 12:10pm | 281Barry Silbert, SecondMarket CEO and founder, cycled through his reasons why he thinks the Securities and Exchange Commission's decision to remove their ban on ads by venture capital firms, hedge funds, and private equity will draw in more investors on CNBC's Squawk Box Thursday morning. "This...
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Did Facebook Go Public Too Late?
Wednesday, August 22, 2012 - 2:11pm | 277The performance of Facebook's (NASDAQ: FB) stock since its IPO has dominated market discussion over the past few months. Now trading under $20, the social networking giant has lost over 50 percent of its market cap since its debut on the Nasdaq. With no clear plan for how the company hopes to...
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Investors Missed Their Chance to Invest in Facebook?
Thursday, March 29, 2012 - 11:58am | 405If you haven't already invested in Facebook, it might be too late. Not for the IPO, which is still forthcoming, but for the secondary markets that have allowed investors to buy a piece of Facebook before the company's initial public offering. According to Bloomberg, representatives of Facebook...
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Benzinga Radio: SecondMarket CEO Cannot Wait to Make You Rich
Tuesday, June 7, 2011 - 7:05pm | 741Waiting until a company goes public to invest in their future is so last millennium. This is the premise behind the innovative and game-changing SecondMarket company. Barry Silbert, founder and CEO of SecondMarket, spoke with Benzinga radio Tuesday afternoon, and laid out his vision of where the...
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SEC Investigates Facebook and Twitter Stock Trading (GS)
Monday, February 28, 2011 - 12:21pm | 288The Securities and Exchange Commission (SEC) has begun investigating secondary trading markets, which allow privately traded companies, specifically Facebook and Twitter, to buy and sell stocks without revealing financial information. Privately traded companies use secondary trading markets, such...
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Goldman Sachs Invests $500 Million in Facebook, Currently Valued At $50 Billion (GS)
Monday, January 3, 2011 - 2:54am | 378Dealbook is reporting that Goldman Sachs (NYSE: GS) has invested $450 million in the social network site Facebook at a valuation of $50 billion. The report cites unnamed sources familiar with the transaction, and says that Russian investment firm Digital Sky Technologies, which has already plowed...
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Trade On The Dark Markets (Facebook, Twitter, LinkedIn)
Tuesday, December 28, 2010 - 2:48pm | 237Have you ever wanted to buy shares in companies that aren't available from Scottrade or E*TRADE (NASDAQ: ETFC)? Now you finally can, thanks to new sites like SharesPost and SecondMarket that have opened the market to private investments. Facebook, Twitter, and LinkedIn are among the hottest private...
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No Facebook IPO? No Problem
Tuesday, December 28, 2010 - 9:42am | 311Facebook may not have had its IPO yet, but that hasn't stopped investors from flocking to the company. Over the past month, the social networking site has been doing well, thanks to a sale by Accel Partners (a venture capital firm that sold less than 15% of its stake in Facebook for a reported $517...
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SecondMarket to be Honored at Davos (SIVB)
Wednesday, September 1, 2010 - 11:07am | 177SecondMarket, the largest secondary market for illiquid assets, announced today that it has been selected by the World Economic Forum as a 2011 Technology Pioneer. This award is presented annually to the most innovative technology start-ups from around the world, and SecondMarket is the only...