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Cryptocurrency Markets Tank After Signs China Could Push Out Miners Every major cryptocurrency has seen broad losses over the last 24 hours, some declining by more than 30% from highs, before signs of a slight recovery late Monday morning. The pummeling came after news that China may apply regulatory pressure to force cryptocurrency operations there to close.
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Dogecoin founder says cryptocurrency valuations are crazy A cryptocurrency that originally started as a joke now has a market cap of more than $1.7 billion. And its founder thinks that's a bad sign for the cryptocurrency market in general. Jackson Palmer, currently a product manager at Adobe, created dogecoin — a fairly simple Bitcoin clone — back in 2013.
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Cryptocurrency industry races to bring virtual currencies to high street Portland, Oregan-based Dan Itkis, co-founder of Graft, a cryptocurrency and payment network, said that with greater adoption, the volatility of cryptocurrencies, which often rise or fall by more than five per cent on a daily basis, will lessen as will transaction costs. Those costs on some currencies can make ...
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Korea, China and Japan are Swapping Ideas for Cryptocurrency Regulation A year ago – nearly to the day – China began its crackdown on its local cryptocurrency trading market by performing "on-site checks" of major bitcoin exchanges. The scrutiny led to a halt of bitcoin withdrawals across a number of exchanges. Four months later, withdrawals eventually resumed but the ...
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Ripple's XRP cryptocurrency is plunging Ripple's XRP, the third largest cryptocurrency by market cap, slumped as much as 20% Monday morning as all three of the world's largest digital toke...
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