After rising back from its 20% drop on the ICO ban, crypto prices are plummeted again after local outlet Caixin reports that China is now planning on shutting down local bitcoin exchanges as well.
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Bitcoin price tanks after report China may shut down exchanges
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"I think I understand what a digital currency is, how bitcoin works, and some of the arguments for it. But I still don't feel like putting my money into it, because I consider it a speculative bubble," Marks wrote in an investor letter.
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