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What a week it has been for cryptocurrency. Bitcoin blasting through the $20,000 USD resistance mark and reaching an all-time high trading at over $23,000 USD on Thursday. The cryptocurrency market as a whole added over $100 Billion to it's market cap, now sitting just under $648 billion.
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No time to read? Crypto articles too technical? Only want the facts?

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.

Big news. Small Blocks.
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Guggenheim Investments: Bitcoin Is Worth $400,000 Based on Scarcity, Relative Valuation to Gold

Guggenheim Investments, an asset management firm with over $230 billion under management, has valued bitcoin at $400,000 based on fundamental analysis. Guggenheim wanted to invest in bitcoin when the price of the cryptocurrency was at the $10,000 level. The company is currently waiting for approval from the U.S. Securities and Exchange Commission (SEC) to start investing in bitcoin. Guggenheim Forecasts …

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Guggenheim Investments: Bitcoin Is Worth $400,000 Based on Scarcity, Relative Valuation to Gold

What Bitcoin all-time high? These 3 charts prove new retail buyers aren't here yet

What Bitcoin all-time high? These 3 charts prove new retail buyers aren't here yet
Twitter, Wikipedia and even Google search activity point to a world still unaware of the best macro asset available to anyone. Bitcoin (BTC) has gained 30% in a week and topped out at $23,777 on Dec. 16 — but hardly anyone in the world knows yet, data suggests.According to charts tracking public awareness of what Bitcoin has done recently, interest …

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Messari values Coinbase at $28 billion following IPO filing

Potential listing could provide a valuation anchor, not only for future crypto IPOs but also for crypto-native exchange tokens. Following cryptocurrency exchange Coinbase filing a draft registration for a public offering with the United States Securities and Exchange Commission yesterday, research company Messari has valued the company at $28 billion.Messari’s model examined the company’s various business segments, such as trading, …

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Messari values Coinbase at $28 billion following IPO filing

Can gold and Bitcoin coexist? Goldman Sachs says yes

Can gold and Bitcoin coexist? Goldman Sachs says yes
Global investors cut gold exposure in favor of Bitcoin, but does the digital coin have any chance to cannibalize gold? Bitcoin’s (BTC) parabolic surge in 2020 will not hurt major traditional assets like gold, according to Goldman Sachs.One of the world’s biggest investment banks, Goldman Sachs reportedly sent a note to investors, reassuring its clients that Bitcoin does not pose …

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TA: Ethereum Consolidates above $640, Why Rally Isn’t Over Yet

Ethereum traded to a new monthly high above $675 against the US Dollar. ETH price is currently correcting gains, but dips are likely to be limited below $630 in the near term. Ethereum gained bullish momentum after it broke the $620 resistance level. The price surged towards the $675 resistance and settled well above the 100 hourly simple moving average. …

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TA: Ethereum Consolidates above $640, Why Rally Isn’t Over Yet
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