Happy Thursday everyone! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Federal Reserve report hints future gold revaluation could help fund purchasing $BTC.
→ Over $18,000,000,000 worth of $BTC short positions are at risk of liquidation if price reaches $125,000.
→ Japanese financial giant SBI Holdings files for ‘Crypto-Assets ETF’ to offer direct exposure to $XRP and $BTC.
→ Asset manager Parataxis Holdings announces its will buy up to $640 million in #Bitcoin for its treasury reserves.
→ Vice President JD Vance says "I am an owner of Bitcoin...it's a way of transacting and storing value in a modern, digital age."
→ Michael Saylor on Bitcoin: "If it's not going to zero, it's going to a million."
→ The amount of Lightning Network nodes has increased over 924.78% since 2018 ⚡️ Bitcoin is scaling to the masses.
→ Michael Saylor says, “You do not sell your #Bitcoin”.
→ Rich Dad, Poor Dad author says, “Anyone can become a millionaire” with Bitcoin.
→ 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."
→ President Trump announces 100% tariff on all semiconductors entering the US, exempting companies that build in America.
→ President Trump officially announces $600 billion Apple investment plan to bring manufacturing facilities to the US.
→ BRICS to discuss joint response to President Trump's tariffs.
→ Dubai officially approves first crypto options license.
→ President Trump signs executive order imposing an additional 25% tariff on India for buying sanctioned Russian oil.
📊 Altcoin Market Updates 📊
→ China to allow launch of its first crypto stablecoin.
→ Publicly traded Cosmos Health secures $300,000,000 to launch $ETH treasury strategy.
→ BlackRock buys 23,874.75 ETH worth $88.8 million.
→ Tom Lee says “There is probably a significant probability that Ethereum could flip Bitcoin as well in terms of network value”.
→ Tom Lee says “Ethereum’s had zero downtime... that is what matters to Wall Street... I think that Wall Street has already decided Ethereum is the chain they're going to build Wall Street onto”.
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