Happy Friday! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ President Trump signs executive order allowing cryptocurrencies in 401(k) retirement plans
→ President Trump signs executive order to stop unlawful debanking of the Bitcoin and crypto industry
→ Bitcoin briefly reclaims $117,000, now trades at $116,800.
→ Bank of England cuts interest rates by 25bps to 4%
→ Institutions have bought 545,579 bitcoin while miners have only mined 97,082 new bitcoin in 2025
→ Asset manager 'Parataxis Holdings' to raise $640,000,000 to buy Bitcoin for their treasury
→ Gas station giant SHEETZ announces 50% discounts when paying in Bitcoin & crypto "every day"
→ Mike Novogratz says “monster pool of capital” will get exposure to Bitcoin and crypto with Trump’s executive order
→ Elon Musk reposts animated Bitcoin wizard on X.
→ 82% of S&P 500 companies beat quarterly earnings estimates, despite President Trump's tariffs
→ Amazon's AWS revenue over the last 12 months ($117 billion) was higher than the revenue of 468 companies in the S&P 500
→ Apple has bought back $704 billion in stock over the past 10 years, greater than the market cap of 488 companies in the S&P 500
→ The US Bond Market has now been in a drawdown for over 5 years, the longest in history
→ US imposes tariff on one-kilo gold bars
→ President Trump says reciprocal tariffs take effect at midnight and "billions of dollars" will start flowing into the US
→ Federal Housing Director says Fed Chair Jerome Powell is hurting the housing market
→ OpenAI officially launches GPT-5
→ Elon Musk says "OpenAI is going to eat Microsoft alive"
→ President Trump to make 'major' announcement on the economy
→ Crypto Czar David Sacks says the executive orders President Trump signed today will give 90 million Americans access to crypto
📊 Altcoin Market Updates 📊
→ Ethereum reclaims $3,900 & $460,000,000,000 market cap
→ BlackRock buys 9,251.59 Ethereum worth $34.2 million
→ Publicly traded SharpLink Gaming raises $200,000,000 to buy more Ethereum.
→ Ethereum daily transactions (7DMA) hit new all-time high
→ SEC vs Ripple $XRP case is officially over
→ Ripple to acquire Rail for $200 million, expanding leadership in stablecoin payments
→ Chainlink announces Chainlink Reserve and was up +10% on the day.
→ Paradigm’s FrankieIsLost says Solana already has the technology to support ‘internet capital markets’ at scale, but perception is the obstacle
→ Axiom flips Hyperliquid in 24h revenue
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