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NEW YORK (Reuters) -Dogecoin lost more than a third of its price on Sunday, after Tesla chief and cryptocurrency supporter Elon Musk called it a 'hustle' during his guest-host spot https://twitter.com/cryptoafricaedu/status/1391373668744372225?s=21 on the "Saturday Night Live" comedy sketch TV show.
The Chinese government has been tightening its cryptocurrency regulations since 2017 in an effort to control capital outflows and prevent speculative bubbles.
A dramatic rally in digital currency bitcoin came to a spectacular end on Thursday with a plunge of up to 20% as China's yuan rose sharply.
Shares of Snap Inc had their busiest trading day in two and a half months in a volatile session on July 31, as early investors could sell their shares for the first time since its March market debut.
ISTANBUL (Reuters) -Turkey detained dozens of people in an investigation of a cryptocurrency trading platform and sought its founder's arrest in Albania, police said on Friday, after Turks filed criminal complaints saying they had been scammed.
LONDON (Reuters) - Bitcoin's smaller rivals are eroding its share of the $2 trillion digital currency market. Of the dozens snapping at its heels, most have little use beyond financial trading - but few of the investors fuelling their rise seem bothered.
(Deletes reference in paragraph 4 to future share sales depending on stock performance targets, which is incorrect)
WASHINGTON (Reuters) - U.S. Senator Elizabeth Warren on Thursday warned of the growing risks posed to consumers and financial markets by the "highly opaque and volatile" cryptocurrency market and blasted its lack of regulation as unsustainable.