Stocks jumped Friday, and the S&P 500 and Nasdaq Composite headed for their best week since November as Big Tech names rallied on strong earnings and traders pored through fresh U.S. inflation data.
A total of $1.3 billion of USD Coin in transfers from apparent whale addresses to crypto exchange Coinbase on Thursday could potentially be a “giant buy signal” for Bitcoin and Ether, according to market observers.
After top Federal Reserve official issued an “incredible” response when asked when will the Fed put bitcoin on its balance sheet, a major Wall Street bank leak has fed speculation bitcoin could be hit by another spot exchange-traded fund (ETF) earthquake.
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