Three stories

1. Elon Musk changed his Twitter bio to #bitcoin and the crypto jumped 20%, to highs last seen on Jan. 19. The two events are not definitely connected. However, just 15 minutes after Musk made the change, bitcoin climbed 15.7% to $37,050. It’s still ticking up.

Of course, with any rally, celebrity-driven or not, the question comes to stability. Blockchain analytics firm CryptoQuant’s “Exchange Whale Ratio” found that exchange inflows among major bitcoin holders is at an…

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