Good morning! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Harvard University bought $117 million of BlackRock's spot Bitcoin ETF. They hold more in Bitcoin ETFs than Google shares.
→ Michael Saylor: Bitcoin is digital gold with no tariffs in cyberspace.
→ El Salvador announces Bitcoin Banks are coming.
→ Spain’s third largest bank BBVA partners with Binance to keep Bitcoin and crypto off exchange.
→ President Trump fires IRS Commissioner Billy Long.
→ Canada loses 40,800 jobs in July, largest decline since COVID.
→ Mexico cuts interest rates by 25 bps to 7.75%.
→ India pauses plans to buy U.S. arms after Trump's tariffs.
→ Used Tesla prices now lower than average used cars.
→ Q2 Revenue Growth: Palantir +48%, AMD +32%, Meta +22%, Broadcom +20%, Microsoft +18%, Netflix +16%, Google +14%, Amazon +13%, Apple +10%, S&P 500 +5%, Tesla -12%.
→ Trump's Crypto Czar questions why banks still prohibit Bitcoin ETFs.
→ Block Inc. CFO: Bitcoin can be the open protocol that powers the internet.
📊 Altcoin Market Updates 📊
→ BlackRock currently has no plans to file for SOL or XRP ETF.
→ Coinbase to add DEX trading for Base-native tokens.
→ Ethereum hits $4,000.
→ Eric Trump says: smile to see ETH shorts get smoked; stop betting against BTC and ETH, you will be run over.
→ $25,000,000 worth of ETH shorts liquidated in the past 60 minutes.
→ China cracks down on stablecoin hype, orders brokerages to cancel seminars.
→ BlackRock buys 28,115.76 ETH worth $110.3 million.
→ Bags flips Phantom in 24h revenue.
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