NewsWatch: Bitcoin is at a ‘tipping point’ between mainstream boom and speculative implosion. Citi says one is more likely

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MARKETWATCH FRONT PAGE

Citi analysts said we could see a “massive transformation” of cryptocurrency into the mainstream. See full story.

Dr. Fauci on J&J’s COVID-19 vaccine: ‘I would have no hesitancy whatsoever to take it’

Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, said, ‘People need to get vaccinated as quickly, and as expeditiously, possible.’ See full story.

Stock markets return to winning form as bond yields ease

The fears over falling bond prices that gripped the market receded on Monday, as European stocks and U.S. stock futures rose as bond yields fell. See full story.

GameStop saga illustrates rising ‘noise-trader risk’ that could feed market volatility, warns quantitative analyst

The GameStop rally could herald a rise in “noise trader risk,” potentially driving rational traders from obscure, less liquid corners of the stock market and stoking increased volatility, warns one quantitative analyst. See full story.

Reddit CEO: WallStreetBets ‘exposed a gap’ between financial insiders and outsiders

Reddit Chief Executive Steve Huffman on Sunday reiterated his praise for the r/WallStreetBets forum that sent Wall Street “meme stocks” reeling in recent weeks — though he said he doesn’t get his own financial advice there. See full story.

MARKETWATCH PERSONAL FINANCE

Approximately 16% of adults patients skipped flu shots due to a ‘trypanophobia,’ a fear of needles, according to one study. See full story.