Disowned

in #crypto7 years ago (edited)

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Crypto-currency networks Ripple XRP can claim the title of the biggest disappointment for investors.

This is written by CoinDesk.

In January, price rose to a record-almost to $ 3.8, then its rate began to fall. By February 4, XPR was worth $ 0.86

CoinDesk also notes that the Ripple rate in January grew, including on rumors about the addition of an asset to the Coinbase platform. The site, however, has not yet included XRP in the auction.

This, like the falling market indicators, "hangs heavily" on the XRP, also noted in the material.

According to Coinmarketcap on February 4, the capitalization of XRP amounted to 34 billion dollars, at the peak of the price of crypto currency, this figure reached 138 billion dollars. In August 2017, XRP replaced Bitcoin Cash from the third place in terms of capitalization.

Recall, in the United States since January 1, introduced taxes on the exchange of bitcoins. The European Commission urged financial regulators to update the rules urgently to cope with the instability of the crypto currency. South Korea tightened the rules of trade on crypto-exchanges, demanding the eradication of anonymity. In addition, China intends to prohibit the mining of bitcoins in the country because of concerns over excess electricity consumption and financial risks, and the Indian authorities have promised to "take any measures to eliminate the use of crypto-active assets as a payment system."

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