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    Must-reads September 12, 2018: Despite the hype, crypto’s plunge is awful

    Here are the crypto stories you should be watching today

    ‘This is something we have to do to push the ecosystem forward’: Tyler Winklevoss explains why Gemini is launching a crypto coin pegged to the US dollar (Business Insider) The Winklevoss brothers say their stable coin, which is also regulated by the New York State Department of Financial Services and with assets held at State Street, will help draw in institutional money and confidence into crypto. That’s cool because…   Crypto’s 80% Plunge Is Now Worse Than the Dot-Com Crash (Bloomberg) Here’s a sad stat: The “money of the future” is having an awful present. Crypto market caps are now 80 percent off their peak, a drop worse than Nasdaq’s…