U.K. Bitcoin Regulation False Alarm; Economy on Pace for 6.7% Growth

Many news reports said Monday that the FCA had banned Binance Holdings, the world's largest cryptocurrency exchange when, in fact, the regulator had simply reminded the company about dealing in derivatives. S&P Global expects the economy to grow at 6.7% this year and 3.7% in 2022, up from the initial estimate of 6.5% and 3.1%.

Big Investors 'Buying the Dip' in Bitcoin; Market High on Cannabis Firms

"On-chain signals indicate that strong hands are aggressively buying the Bitcoin dip," Alexandra Clark, a trader at London-based GlobalBlock, said in a research note. And marijuana-related stocks are getting a close look from investors as more states legalize the drug or decriminalize possession of small amounts for personal use.