Schwab Expands Crypto Offerings as Bitcoin Surges Past $80,000

Charles Schwab has taken its crypto offerings to the next level by adding SOL, AVAX, and LINK to its platform. This move comes as Bitcoin reclaimed $80,000, with some attributing the surge to Treasury buybacks. However, not everyone is pleased with this development, with Stanley Druckenmiller warning against intervention in the market.

Circle's minting of 5 billion USDC in a week has also been notable, as it pushes deeper into traditional finance. This move by Circle underscores the growing integration of crypto with traditional financial systems.