The ICO market is dead, but that won’t hamper the inevitable growth of the cryptocurrency market, says Barry Silbert, the founder of crypto investment fund Digital Currency Group. Silbert said the frenzy for initial coin offerings in 2017 fueled the meteoric spike in bitcoin prices, but now the ICO market has been decimated, resulting in themass sell-off we’re seeing now. “The ICO market is dead — over,” Silbert told CNBCon November 27 (video below).“You now have the lack of demand from ICOs. And you have all the sponsors of the ICOs who raised a bunch of bitcoin [and ether] that arenow starting to sell that.” ... (full story)