☀️ Before we dive in — don’t miss the Summer Sale now live! ☀️
Normal price: €138/year → Summer Special: €96.60 (30% off)
Happy weekend everyone! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ BlackRock bought $524 million Bitcoin for its spot Bitcoin ETF.
→ Public company Nakamoto closes $200 million raise to purchase more Bitcoin.
→ El Salvador bought more bitcoin for their strategic reserve, continuing their streak of over 1,000 days.
→ The Federal Reserve ends program that increased bank scrutiny of cryptocurrency activities.
→ Senator Cynthia Lummis highlights progress toward a level playing field for crypto with Fed's decision.
→ Michael Saylor states the road is now clear for Bitcoin and banking.
→ Jack Dorsey says Block Inc. wants Bitcoin to become p2p electronic cash as designed.
→ Senator Lummis promotes her BITCOIN Act in response to US exploring ways to buy more Bitcoin.
→ SEC Chair Paul Atkins says the SEC is mobilizing to make America the crypto capital of the world.
→ Spot Bitcoin and Ethereum ETFs record $40 billion in volume, their biggest week ever.
→ S&P 500 profit margins at 12.6%, highest since 2021.
→ US new homes inventory at 511,000, highest since 2007.
→ Progress of Bitcoin market cap vs gold: 10% ($2T vs $22T).
📊 Altcoin Market Updates 📊
→ Publicly traded Bitmine Immersion buys 28,650 ETH worth $127.5 million.
→ Publicly traded SharpLink Gaming buys 130,000 ETH worth $603.5 million.
→ Fidelity buys 11,983 ETH worth $55 million.
→ BlackRock buys 105,900 ETH worth $488 million.
→ Grayscale files S-1 for Dogecoin ETF.
→ SER entities and ETFs surpassed 10 million ETH in holdings.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
Thanks for reading.
PS…
☀️ Summer Special Pricing
* Paid Subscriber: €138 → Now 30% Off (€96.60)
* Elite Membership: €295 → Price increases after 20 August
⏳ Offer Ends in 6 days – After this summer special, Paid Subscriber returns to full price and Elite Membership increases in price.
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.
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