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It has been a wild week across the crypto market, with total market cap reaching a high of $580 billion. With Bitcoin leading the way reaching a high of $19,300. The markets have since pulled back, with Bitcoin retracing back to the $16,500 level.
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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 will probably not reach $20,000 this year if a key technical price level isn't reclaimed soon. Bitcoin (BTC) continues to be in correction mode with BTC price dropping below $17,600 on Dec. 11, the lowest level since November. Bitcoin in a downtrend on lower timeframesEvery beautiful rally comes to an end and gets followed by a corrective period. This correction …
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Ripple is struggling to clear the $0.5800 resistance against the US Dollar. XRP price is showing bearish signs and it could accelerate lower below $0.5420. Ripple topped just above the $0.6000 level before starting a fresh decline against the US dollar. The price is now trading well below the $0.5680 support and the 100 hourly simple moving average. There is …
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Ethereum failed to surpass the main $580 resistance against the US Dollar. ETH price is declining and it is showing bearish signs below the $560 and $550 levels. Ethereum topped near the $577 level and started a fresh decline below $565. The price is showing bearish signs below the $550 zone and the 100 hourly simple moving average. There are …
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Billionaire hedge fund manager Ray Dalio, a long-time bitcoin skeptic, is warming up to the cryptocurrency. The founder of Bridgewater Associates, the world’s largest hedge fund, now says that bitcoin “could serve as a diversifier to gold and other such storehold of wealth assets.” Bridgewater’s Ray Dalio Sees Bitcoin’s Role in Investment Portfolios Bridgewater Associates founder Ray Dalio, who has …
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Bitcoin is slipping lower despite the rally earlier today. BTC is down another 2% since the trading session began an hour ago, pushing under $18,000 yet again. The price of the leading cryptocurrency currently is $17,925, with Ethereum and altcoins also dropping rapidly. According to ByBt, the funding rates of leading Bitcoin futures markets are currently around baseline of 0.01% …
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