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Welcome to Crypto News Blocks. We take full length news articles and summarize them into a handful of easy to read bullet points. Make the most of your downtime and catch up on all the latest news.

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Internet Searches For Bitcoin Skyrocket As Fears Grow Over Inflation
  • Google Trends, a metric to measure general interest in trending topics, returned a value of 100 for the keyword ‘Bitcoin’ in the U.S.
  • This is more than three times higher than the value of 30 observed in the late September-early October 2020 session on a 12-month timeframe.
  • Meanwhile, the same keyword’s worldwide trend was 94, still three times higher than its score of 33 in early October 2020.
  • The internet search volume increased after Bitcoin established an all-time high of $19,915 on Monday. It marked the second time BTC came close to testing the $20,000 since the frenzy of December 2017.
  • Back then, the Google Trend global score for ‘Bitcoin’ has topped at 100 on a five-year timeframe. But this time, the trend maxed out at 24, which is still the best level since June 2019.
  • Read the full story here.
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Posted on Dec 4, 2020
Posted: Dec 4, 2020
CNN Journalist Makes Case For Altcoins Over Bitcoin
  • CNN journalist Paul R. La Monica pointed out in a recent article that several large caps all outperformed Bitcoin during the recent spike.
  • While Bitcoin has soared 15% in the past week to hit a new all-time high just under $20,000, Ethereum — the second-largest crypto after bitcoin — is up more than 20% in the past seven days.
  • Likewise, XRP, the third-largest cryptocurrency, has surged nearly 25%. Litecoin, Polkadot, Cardano and Stellar, which are all among the top dozen biggest cryptocurrencies, have enjoyed larger gains as well.
  • Most would agree that the last altseason took place around the winter of 2017-18. During 2017, altcoins were enjoying a boom that peaked with a total market cap excluding BTC of $475 billion.
  • In order for there to be an altseason this time around, 75 out of 100 selected altcoins must outperform Bitcoin over a 90 day period. As it currently stands, only 14 tokens meet this criteria.
  • Read the full story here.
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Posted on Dec 4, 2020
Posted: Dec 4, 2020
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Full Length Articles

OCC leader Brian Brooks: ‘Nobody’s going to ban Bitcoin’
Forthcoming regulations are “going to be a lot less bad than people will worry about.” Brian Brooks, the head of the Office of the Comptroller of the Currency, said...
Posted on Dec 4, 2020
Ripple CEO Says The U.S. SEC is Holding Back XRP’s Potential
Ripple CEO Brad Garlinghouse reiterated his concerns over the lack of regulatory clarity from the U.S. Securities and Exchange Commission (SEC). Previously, both Garlinghouse, and Ripple CTO Chris Larsen,...
Posted on Dec 4, 2020
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