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Ripple co-founder loses $44 billion on paper during cryptocurrency crash

From cnbc.com

Major digital currencies have plunged in the last two days after reports raised concerns about increased regulation on cryptocurrencies in South Korea and China. Last week, XRP prices also appeared to fall after CoinMarketCap said it was excluding prices from certain Korean exchanges due to significant price differences with other markets. On Wednesday, bitcoin dropped below $10,000 on CoinDesk for the first time since late November. Ethereum was close to 18 percent lower near $865, after falling through the $1,000 level Tuesday, according to CoinMarketCap. With bitcoin trading near $9,870 on Wednesday, twins Cameron ... (full story)

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