Happy Thursday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Over 99% of all bitcoin addresses are now in profit.
→ Institutions have already bought more bitcoin this year than all of 2024.
→ The number of addresses holding more than 100 bitcoin hit a new all-time high.
→ Jack Dorsey's Square introduced a bitcoin wallet solution to enable local businesses to accept btc payments with zero fees.
→ BlackRock’s bitcoin etf was the number 1 in positive weekly inflows among all etfs.
→ Uk retail investors will be able to invest in bitcoin etns from yesterday.
→ BlackRock bought $899 million bitcoin for its spot bitcoin etf yesterday. They now hold over 798,000 btc.
→ Us senator Cynthia Lummis is working on a de minimis tax exemption for everyday bitcoin transactions.
→ Binance ceo Richard Teng says bitcoin is the digital gold of our era.
→ Maja Vujinovic, ceo & co-founder of digital assets at fg nexus, says bitcoin is going to continue being held by central banks.
→ Goldman Sachs says the market shows some bubble-like signs but remains driven by strong fundamentals.
→ IRS to furlough nearly 50% of its staff as part of ongoing government shutdown.
→ Trump coin etf listed on the DTCC.
→ Gold officially reaches new all-time high of $4,000.
→ Silver hits new all-time high of $49.54 per ounce.
→ Nvidia ceo Jensen Huang says he wants to be involved in nearly everything Elon Musk does.
→ Nvda to invest $2b in xAi.
→ New Zealand cut rates for the 8th time in the cycle, 50 bps move down to 2.50%.
📊 Altcoin Market Updates 📊
→ Fresh whale address receives $90 million worth of Ethereum from falconx.
→ Bit Digital buys another 31,057 Ethereum worth $138.7 million.
→ BlackRock buys $437.5 million worth of eth.
→ BNB chain records $5.58 million in daily fees, marking its second-highest level in the past three years.
→ Yzi Labs announces $1,000,000,000 builder fund to back founders in the bnb ecosystem.
→ Footballdotfun flips metamask in 30d fees after fun token announcement.
→ Bot hits over $5m in trading volume within its first 24 hours post-launch, reaching an all-time market cap of $15m.
→ Metamask launches in-wallet perpetuals trading through hyperliquid.
→ Sorare announces it is moving to Solana.
→ Jupiter is launching its own stablecoin built in partnership with Ethena Labs, going live in Q4.
→ Hyperliquid has listed mon-usd hyperps. You can now long or short the unlaunched monad token with up to 3x leverage.
→ Tokenworks flips Pancakeswap in 24h revenue.
→ Polymarket ceo mentions Poly.
→ World's largest crypto prediction platform Polymarket now allows users to directly deposit bitcoin.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
$BTC $ETH $GOLD $BNB $HYPE
Thanks for reading
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Written by Timothy Assi, an Elite Popular Investor on eToro.
Not investment advice. eToro is a multi-asset investment platform. Your capital is at risk. For information and educational purposes only.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
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