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Ether losses build as crypto investors weigh the future of staking after Kraken exchange’s SEC settlement
The price of ether fell on Friday, extending losses from the previous session as fears about a U.S. regulatory crackdown on crypto staking weighed on investors. Ether led cryptocurrency declines, with the price falling more than 2% Friday morning to $1,543.08, according to Coin Metrics, after falling 5% the previous day. Earlier in the day it fell to its lowest level since Jan. 25. Bitcoin’s loss was slightly smaller. It was last down by less than 1% at $21,829.97, but is still trading at its lowest levels since the late January. The drop began after crypto exchange Kraken closed its staking program as part of a ... (full story)
