Bitcoin clawed back to $70K after an $8.7B wipeout. Fear & Greed screams extreme fear. Wall Street's still buying while offshore retreats. Someone's reading this wrong.
Today's key developments:
• Wall Street keeps buying Bitcoin futures while offshore traders on Deribit pull back. The CME-Deribit basis gap is widening, showing a clear regional split in risk appetite.
• Elon Musk's X will launch in-app crypto and stock trading within "a couple weeks" via Smart Cashtags. Users will see live ticker data in their timeline and execute trades without leaving the app.
• Senators Warren and Kim are demanding a CFIUS review of the UAE's reported $500M stake in World Liberty Financial, the Trump-linked crypto venture. This follows a separate House probe launched last week.
📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/new-post-4f83?[object Object]
🔔 Subscribe for daily crypto market updates!
⚠️ Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research.
#crypto #bitcoin #ethereum #dailypulse #tokenmetrics
Sign up for the Daily Pulse at tokenmetrics.com