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Gans agrees, telling CNBC that he doubts banks are all that exposed to the crypto. Now that they're withdrawing the a lot of paper losses.
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Bitcoin's Price is about to CRASH! (explained in under 10m)The concept of mining itself faces growing criticism on environmental grounds. Ethereum -- the main driver behind crypto-related GPU demand. With little reward, mining naturally went down. But activity was also dented by rising electricity and natural gas prices, said Joshua Rhodes, a. The crypto markets are collapsing. Across May and June , cryptocurrencies lost approximately $1trn in value.
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