Good morning all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Bitcoin drops below $105K.
→ Over $600M worth of crypto longs liquidated in the past hours.
→ Odds of Bitcoin hitting $150K before April 2026 have fallen to 36%.
→ Reports claiming Wintermute is suing Binance are currently unverified and lack confirmation.
→ BlackRock deposits 1,198 Bitcoin ($129.09 million) to Coinbase.
→ U.S. allows Microsoft to ship Nvidia AI chips to UAE for first time.
→ President Trump says China is getting "very big" into Bitcoin and crypto.
→ Kalshi prediction market sets record $4.39 billion in monthly volume for October.
→ Michael Saylor's Strategy to launch its first ever euro-denominated Perpetual Preferred Stock and use the net proceeds to buy more Bitcoin.
→ President Trump's Crypto Czar says that crypto is the "industry of the future."
→ Fidelity crypto now allows customers to send Bitcoin off the platform to their own wallets.
→ Fundstrat’s Tom Lee says Bitcoin can still reach $150k—$200k by year's end.
→ Strategy buys another 397 Bitcoin for $45.6 million.
→ Hong Kong to allow crypto exchanges to access global liquidity pools.
→ President Trump says, “I only care about one thing: will we be number one in crypto”.
→ Texas Governor Abbott to impose 100% tariff on anyone moving from NYC to Texas if Zohran Mamdani wins Mayor election.
→ Nancy Pelosi will not seek reelection next year.
→ Fed's Goolsbee says there is still a "golden path" for the US economy.
→ Amazon announces $38 billion partnership deal with OpenAI.
→ StreamDefi says it lost approximately $93 million in stream fund assets, all withdrawals and deposits temporarily suspended.
→ US Dollar index hits $100.
→ Wintermute CEO says they never had plans to sue Binance.
→ Wintermute head of OTC says since the largest liquidation on record, risk taking has been distinctly absent as traders focus on potential spillovers.
→ Kraken unlocks crypto collateral for derivatives across the EU.
→ Palantir's US commercial revenue just hit $397M in Q3 (+121% Y/Y).
📊 Altcoin Market Updates 📊
→ Ripple launches digital-asset spot prime brokerage services in the United States.
→ Murad’s memecoin investment portfolio drops to $21 million, down from record high of $67 million.
→ Anti-CZ Hyperliquid whale who increased his Aster short positions after CZ’s buy post is now sitting on $19.87 million in unrealized profits across two wallets.
→ Newly created wallet deposits 7.9 million USDC into Hyperliquid and opens 5x Zec long position.
→ Whale deposits 500,000 USDC into Hyperliquid and opens 3x long on Aster worth $1.48 million.
→ The 100% win-rate is over for trader 0xc2a3 on Hyperliquid, all Bitcoin longs and part of their Ethereum and Solana longs at a loss have been closed, total P&L has flipped from +$33 million to –$17.6 million.
→ Publicly traded BitMine Immersion increased its Ethereum holdings by 82,300 ($305.82 million) over the past week.
→ BlackRock deposits 15,121 Ethereum ($56.1 million) to Coinbase.
→ OKX exchange to list Hyperliquid Hype for spot trading today at 2.30pm UTC.
→ Sen. Warren's lawyers replied to CZ's defamation threat, stating that any claim would be "without merit" and noting that her post was based on public records.
→ Sol below 10/10 wick on Binance.
→ Berachain says the Berachain validators have coordinated to purposefully halt the Berachain network as the core team performs an emergency hard fork to address Balancer v2 related exploits on the Bex.
→ BNBChain says no BNB Chain projects have been affected by the recent Balance exploit, however, any forked projects should remain on high alert and consider pausing operations as a precaution.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
$ETH $SOL $HYPE $SPY
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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