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With our unique list of cryptocurrency exchanges and wallets, stay up to date on all price movements in the industry. Already hold cryptocurrency? Take advantage of the My Crypto Portfolio section and track your cryptocurrency holdings.
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Despite its recent rally, Bitcoin dominance has slid to a 12-month low, signaling renewed strength in the altcoins markets.The leading cryptocurrency now represents just 61% of the $359.5 billion combined cryptocurrency capitalization. That's down from 67% in mid-May and a local high of 69.9% last September.Bitcoin’s relative decline in dominance comes as the collective crypto market cap tests major resistance.An extra $11 …
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One major indicator of Bitcoin's fundamental strength is the massive exchange outflows seen throughout the past several weeks. The trend has been picking up in recent weeks and the balance of BTC within exchange wallets has now fallen off a cliff.Analysts see this as a highly bullish development, as it suggests that the cryptocurrency is well-positioned to see organic growth …
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No time to read? Crypto articles too technical? Only want the facts?
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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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Bitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled by Coin Metrics, ethereum might be on course to surpass its all-time high if the bull market continues. The data shows “ethereum averaged 626,000 daily …
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Bitcoin may hit $14,000 in the coming quarter. The analogy appears out of two extremely bullish calls made for the US dollar and Gold. Bitcoin has shown an extreme correlation with the two macro assets this year. Bitcoin may have some fuel left to continue its 2020’s run-up towards the $14,000-mark. The level–last approached in 2019 against the backdrop of …
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Data shows investors who dollar-cost averaged into Bitcoin even since the $20,000 peak are profitable. Researchers at Coin Metrics found that investors who dollar-cost averaged into Bitcoin (BTC) since the $20,000 peak in 2017 would still be profitable. According to researchers, an investor who continuously bought BTC over the past three years would have a 61.8% return.Although the price of …
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The digital currency asset manager Grayscale told investors on Thursday that the firm has publicly filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) for the company’s Ethereum Trust. The recent filing is voluntary and if the SEC approves the registration, the Ethereum Trust will be the second crypto asset investment vehicle to obtain the …
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Bitcoin has rallied by approximately 25% over the past two weeks as Ethereum has wrested the market higher. The asset currently trades at $11,750 as of this article’s writing, with the uptrend still intact. A crucial on-chain metrics, the number of BTC held by exchanges, has been dropping over recent days. Analysts say that this trend is bullish for the …
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