Market Outlook

The stablecoin supply ratio oscillator is recovering in a sign of renewed capital inflow into bitcoin.

Crypto ATMs are seen as a way for people to interact with the physical world, particularly those who are not well-versed in cryptocurrencies.

President Nayib Bukele made the announcement during a national address on Thursday.

Bitcoin is recovering from a volatile shakeout. Options expiry has large open interest around $40K.

It took less than two months for the token of one of the most promising crypto projects down to $34 from $630.

Bitcoin Trust shares bought in January are unlocked next month, and the incentive to reinvest is relatively low.

The move paves the way for Coinbase to begin offering five major cryptocurrencies including bitcoin and ether.

The software magnate and crypto investor had been facing extradition to the U.S. on fraud charges.

The software magnate was arrested in October in Barcelona.

"The market looks to have digested most negative news during the recent sell-off from $41,000 to $29,000," one analyst said.

The Arcane Research report says this downward trading indicates institutional investors are being “cautious” at the moment.

"I would prioritize implementing pieces" of a new AML law around crypto, Treasury Department nominee Brian Nelson said.