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Explaining the new cryptocurrency bubble—and why it might not be all bad

  • Timothy B. Lee -7:00 AM
  • Oct 5, 2017
  • 1 min read

You're going to hear a lot about initial coin offerings (ICOs) in the coming months. As investors have poured more and more money into newly created virtual currencies, they have created a gold-rush mentality. In recent months, some ICOs have raised tens of millions of dollars, and in early October the cryptocurrency market as a whole was worth about $140 billion.


 
 
 

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