Bitcoin is currently one of the top most followed tickers on social media platform StockTwits. Ian Rosen, CEO of StockTwits, explains how users are responding to the cryptocurrency craze.
Rosen says more than 10 percent of StockTwits 1.2 million users checked a cryptocurrency stream in the last week. "It's an exciting set of assets," said Rosen. Currently Bitcoin has more watchers than Microsoft on StockTwits says Rosen.
This week StockTwits launched a redesign of its mobile and web social platform. While users cannot currently trade cryptocurrency on the platform, Rosen said the company is looking to integrate this capability in the future.
Elon Musk is considering filing a lawsuit against the Anti-Defamation League, blaming them for lost advertising revenue and amid accusations of being anti-Semitic.
Stocks opened Tuesday's session lower after data in China showed slow growth in services activity.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Tesla has revealed its updated Model 3.
Ford is recalling 169,000 vehicles to replace rearview cameras.
Robinhood said it would buy back shares from disgraced former FTX head Sam Bankman-Fried.
Walgreens said its CEO Rosalind Brewer has stepped down and appointed an interim CEO while a search for a replacement is underway.
The Federal Trade Commission has given the green light to Amgen's purchase of Horizon Therapeutics.
Mortgage rates were down this week after being up for the past five weeks.
U.S. job growth remained strong in August but showed signs of cooling.
