Happy Monday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ U.S. government misses out on approximately $21.8 billion in potential gains from 195,781 BTC it auctioned over the years.
→ German government's decision to sell 50,000 Bitcoin at $54k cost them $3.57 billion in missed profits.
→ Michael Saylor says, “No new orange dots this week — just a $9 billion reminder of why we HODL.”
→ $1.3 trillion Morgan Stanley says Bitcoin is "a scarce asset, akin to digital gold" and will allow Financial Advisors to "flexibly allocate" cryptocurrency to their portfolios.
→ Chance Bitcoin hits $130K in October rises to 66% on Polymarket.
→ The government shutdown is expected to last at least until October 15 according to the latest odds on Polymarket.
→ The S&P 500 has posted a positive return during the last 6 government shutdowns and is up 0.4% during the current shutdown, hitting 3 more all-time highs this week.
→ Gold reaches new all-time high of $3,940.
→ Kalshi surpasses $3,000,000,000 in notional volume over the past 30 days.
📊 Altcoin Market Updates 📊
→ $BNB chain monthly active addresses hits new all-time high of 60,000,000.
→ $XRP surpasses BlackRock in market capitalisation.
→ Team behind $FTP ‘Feed The People’ are feeding families, housing people and creating real impact every Sunday at their live events.
→ 0G Labs X account hacked, hacker says "this project is complete dog shit and the team scammed the community."
→ Fourmeme flips Axiom in 24h revenue.
→ Mad Lads floor price highest since March.
→ Defillama delists Aster perp volume.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
@TimothyAssi
$BTC $ETH $XRP $GOLD $BNB
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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