Why Dogecoin, Ethereum, and XRP Dropped Today

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Why Dogecoin, Ethereum, and XRP Dropped Today

Motley Fool2021-08-25

What happened It's Wednesday, and cryptocurrency prices are fading once more. As of 10:30 a.m. EDT, here's how prices look for several of the biggest names in cryptocurrency: Industry bellwether ...

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Charging
·2021-08-26
[微笑]
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1
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Roykhor77
·2021-08-26
Nice
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2
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- Charging:
  [微笑]
  2021-08-26
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MoonMoon
·2021-08-26
Pls like
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4
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IZLIN
·2021-08-26
@Sagi08 @simplydkam @Meow17for a read!
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5
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Kevin92
·2021-08-26
Like and comment
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6
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- Tohyx:
  Tiger
  2021-08-26
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- Aoyjai:
  Ok
  2021-08-26
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hellodarz888
·2021-08-26
Went up sure drop
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- Kevin92:
  Like and comment
  2021-08-26
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Ignis
·2021-08-26
Why oh why
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BWMoxx
·2021-08-26
Why?
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YauDK
·2021-08-26
Oh ye ye pls like and comment
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- MoonMoon:
  Ok
  2021-08-26
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- Chitz:
  like
  2021-08-26
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NeedMoneyPls
·2021-08-26
Didn't Janet Yellen just get investigated for corruption and insider trading? Ppl like her likes the old system and Crypto is gonna kill their cash cow
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Darylzhuo
·2021-08-26
Please like and comment. Thank you
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- YauDK:
  Oh ye ye
  2021-08-26
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- Nevstar:
  like and comment
  2021-08-26
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yaozong7
·2021-08-26
Let's go. No guts no glory
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- pekss:
  This decline is muted compared with the recent rallies.
  2021-08-26
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- Darylzhuo:
  Yea
  2021-08-26
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claratan
·2021-08-26
Nic
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- CSYNCTP06:
  Jo
  2021-08-26
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claratan
·2021-08-26
Wow ? ? ? ?
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KlWong
·2021-08-26
Like pls
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- Wilsonx:
  ok
  2021-08-26
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- KlWong:
  Thanks
  2021-08-26
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Nebhol
·2021-08-26
Like
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alaric
·2021-08-26
Yesss
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- Nebhol:
  Like comment
  2021-08-26
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MingXuan
·2021-08-26
Hi
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JayTan
·2021-08-26
Like and comment pls
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- KlWong:
  Ok
  2021-08-26
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JDO
·2021-08-26
Pls like. Thanks!
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- JayTan:
  reply back thks
  2021-08-26
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As of 10:30 a.m. EDT, here's how prices look for several of the biggest names in cryptocurrency:\n\nIndustry bellwether ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/25/why-dogecoin-ethereum-and-xrp-dropped-today/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COIN","symbol_name":"Coinbase Global, Inc.","start_time":0,"source_url":"https://www.fool.com/investing/2021/08/25/why-dogecoin-ethereum-and-xrp-dropped-today/","article_id":"2162540270","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2162540270","pubTimestamp":1629905417,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"First it was the SEC. 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As of 10:30 a.m. EDT, here's how prices look for several of the biggest names in cryptocurrency:\n\nIndustry bellwether Bitcoin (CRYPTO:BTC) is down 0.8% over the last 24 hours, according to data from Coindesk.\nEthereum (CRYPTO:ETH) is off 2.5%.\nXRP (CRYPTO:XRP), the token closely associated with Ripple, has fallen 3%.\nAnd Dogecoin (CRYPTO:DOGE) is suffering most of all, declining 4.1%.\n\n\nImage source: Getty Images.\nSo what\nEarlier this month, new Securities and Exchange Commission chairman Gary Gensler sparked a minor freakout among cryptocurrency investors when he linked cryptocurrency trading with \"fraud\" in an interview with Bloomberg, and urged Congress to establish a \"robust oversight regime\" for the cryptocurrency market. Today, the woman Gensler replaced as head of the SEC -- now-Treasury Secretary Janet Yellen -- was quoted by The Washington Post echoing Gensler's concerns.\nCryptocurrency \"is often [used] for illicit finance,\" said Yellen, adding that \"it's an extremely inefficient way of conducting transactions,\" a \"highly speculative asset\" -- oh, and \"the amount of energy that's consumed in processing those transactions is staggering,\" to boot!\nTo put the icing on the cake, Yellen has also apparently advocated creating a \"central bank digital currency\" to compete with Bitcoin and other independently developed cryptocurrencies -- an idea China has also floated.\nNow what\nAdd it all up, and the Post observes that a lot of cryptocurrency fans now fear that \"Yellen wants to annihilate the industry\" -- perhaps to make way for a national digital currency of the government's own making. Personally, I think that sounds a bit ambitious, and I'm not convinced the government could pull it off even if it wanted to. Still, when combined with previous comments from elsewhere in government -- specifically, Minneapolis Federal Reserve Bank president Neel Kashkari's accusation that non-governmental cryptocurrencies are \"95% fraud, hype, noise and confusion\" -- there's mounting evidence that momentum is building for some serious regulatory efforts to rein in cryptocurrency trading in the U.S.\nUntil we get a better idea of what, specifically, the government plans to do, I'd buckle up for more volatility in the crypto market in the weeks ahead.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":810385519,"gmtCreate":1629944706631,"gmtModify":1676530180022,"author":{"id":"3574924744683779","authorId":"3574924744683779","name":"Charging","avatar":"https://static.tigerbbs.com/bb132b01616074824a4d1a4b8478727e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574924744683779","authorIdStr":"3574924744683779"},"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810385519","repostId":2162540270,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":810919898,"gmtCreate":1629938801414,"gmtModify":1676530176964,"author":{"id":"3577415925422402","authorId":"3577415925422402","name":"Roykhor77","avatar":"https://static.tigerbbs.com/dceebb2c02d2b0c1df8a4c7c7ebba8d9","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577415925422402","authorIdStr":"3577415925422402"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810919898","repostId":2162540270,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5651916,"gmtCreate":1629944723910,"gmtModify":1663232925546,"authorId":3574924744683779,"author":{"id":3574924744683779,"idStr":"3574924744683779","authorId":3574924744683779,"name":"Charging","avatar":"https://static.tigerbbs.com/bb132b01616074824a4d1a4b8478727e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":810919898,"type":1,"supId":0,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"}],"langContent":"EN"},{"id":810027718,"gmtCreate":1629936051634,"gmtModify":1676530175275,"author":{"id":"3581831647982295","authorId":"3581831647982295","name":"MoonMoon","avatar":"https://static.tigerbbs.com/7abc88bf78bc4fd17d5085b308a74c4d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581831647982295","authorIdStr":"3581831647982295"},"htmlText":"Pls like&nbsp;","listText":"Pls like&nbsp;","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810027718","repostId":2162540270,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":810024889,"gmtCreate":1629935993541,"gmtModify":1676530175243,"author":{"id":"3581848609787274","authorId":"3581848609787274","name":"IZLIN","avatar":"https://static.tigerbbs.com/f2241963762942310c858a3aae49c0d1","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3581848609787274","authorIdStr":"3581848609787274"},"htmlText":"<a href=\"https://laohu8.com/U/3582026494482473\">@Sagi08</a><a href=\"https://laohu8.com/U/3582502706085184\">@simplydkam</a><a href=\"https://laohu8.com/U/3581561113691319\">@Meow17</a>for a read!","listText":"<a 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