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Ethereum (ETH) Consolidates After China’s ICO Ban

Posted on September 7th, 2017.

Ethereum (ETH) prices stabilized on Wednesday after plunging to three-week lows on news that China has officially banned initial coin offerings (ICOs). China’s ICO Crackdown Lays Waste to Ether The ETH/USD exchange rate crashed nearly 30% through Monday after China’s financial regulators ordered a halt to ICOs. Seven...

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