Bitcoin came within touching distance of $70,000 on Wednesday before pulling back to around $68,300 in Thursday morning trading, a nearly 5% swing from the session high to the overnight low of $67,700. The move marks the strongest attempt to reclaim the $70,000 level since… Read More
Elon Musk’s social media platform X is set to soon let users trade stocks and cryptocurrencies directly from their timelines as the company pushes deeper into financial services. The upcoming features, described by the company’s head of product, Nikita Bier, will include “Smart Cashtags.” These… Read More
Strategy (MSTR) continued its weekly bitcoin purchases, though last week’s acquisition was relatively small. Led by executive chairman Michael Saylor, the company purchased 855 bitcoin for $75.3 million, or an average price of $87,974 each. The purchases were funded via the sale of common stock,… Read More
Crypto market sentiment remained in “extreme fear” on Friday, marking the 14th straight day that market sentiment has remained in the zone. The sentiment-tracking Crypto Fear & Greed Index fell three points to a score of 20 out of 100 on Dec. 26, hitting a… Read More
The premium — which tracks the price spread between Coinbase and the global market — acts as a read on U.S. capital flows in previous cycles.
