The cryptocurrency market is recovering well after shedding over $75 billion last week in what was a major post-rally correction. News that China banned ICOs and a rumored ban on Bitcoin exchanges in the country have not brought the market to its knees, as its capitalization is now up by around $40 billion since the low reached only a few days ago. Many "experts" have linked the correction to the bad news from China, claiming that it will be very hard for the major coins to recover. Ethereum was expected to be hit the most, as the ICO ban means its appeal in… [Continue Reading]
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