Happy Fridayall!
If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
Bitcoin fell below $81,000 as Brent crude climbed to a monthly high of $105 a barrel.
$1.05 billion in long positions were liquidated from the crypto market in the past 24 hours.
189,856 crypto traders were liquidated in the past 24 hours.
The US government moved over $1 billion of Bitcoin seized from the Bitfinex hack to an unknown wallet.
BlackRock ETF clients sold $207.67 million of $BTC.
Fidelity sold $197.09 million of $BTC.
Cardone Capital bought 40 $BTC, worth $3.2 million.
TD Cowen raised its Bitcoin price projection to $109,000 by year-end 2026 and $280,000 by 2029.
Polymarket put a 59% chance on Bitcoin finishing the year above $90,000.
Bitcoin's Fear and Greed Index fell to neutral for the first time since August.
Twenty One Capital said Merrill, Bank of America and Goldman are suggesting clients hold part of their portfolio in Bitcoin.
Calamos said Bitcoin is going to $1 million by 2030.
Sberbank is preparing to launch Bitcoin and crypto trading for over 100 million clients.
Standard Chartered announced plans to provide custody services for Bitcoin and digital assets in Singapore.
The CFTC said America is no longer sitting back while crypto moves overseas, and is moving ahead with a crypto market-structure framework without the Clarity Act.
The Nasdaq CEO said blockchain-based tokenization will transform global finance and unleash tens of billions of dollars in capital.
SpaceX said it will turn Starlink into a major US mobile carrier after buying nationwide 800 MHz spectrum from Grain Management. AT&T, Verizon and T-Mobile fell about 7% to 8%.
Elon Musk said SpaceX will be worth orders of magnitude more than the current Earth economy.
President Trump said Elon Musk is one of the greatest technology founders to ever live.
President Trump said anyone who uses "artificial intelligence" instead of "super intelligence" is the enemy.
The Nasdaq fell about 1.4% and the SOX about 4% after a report put OpenAI annualized revenue near $50 billion, below a previously signaled $70 billion. Arm fell about 8%, Oracle about 5%, and AMD and Broadcom about 3%.
Wolfspeed surged after a conditional 30-year US defense loan of up to $1.5 billion to expand domestic silicon-carbide and gallium-nitride production.
The average 30-year US mortgage rate is 7.40%, the highest since November 2023.
Iran said it will reply to the US peace proposal in the coming days.
President Trump said more oil has passed through the Strait of Hormuz in the last 3 nights than ever before.
The Trump administration suspended Microsoft from a green-card program for H-1B workers, saying it laid off Americans and replaced them with foreign workers at a 1.5-to-1 ratio.
Greece plans to tax Bitcoin and crypto gains at 10%.
📊 Altcoin Market Updates 📊
Ethereum fell under $2,500, BNB under $750, Solana under $110 and XRP under $1.40.
BlackRock ETF clients sold $116.05 million of $ETH.
Franklin ETF clients bought $8.17 million of $XRP.
EU crypto firms were ordered to remove Tether's $USDT by January 8, 2027.
Samsung partnered with Solana to enable stablecoin transactions for 82 million US devices through Samsung Wallet.
Ripple is emerging as a major competitor to Wall Street banks, the Wall Street Journal reported.
Securitize launched global onchain trading of US stocks on Solana, with 1:1-backed shares for eligible investors.
Securitize's CEO discussed bringing stocks to Solana in the US and a path toward 24/7 trading.
Robinhood is exploring a stock token tied to an actively managed ETF on Robinhood Chain with T. Rowe Price.
SushiSwap partnered with LayerZero to enable $HYPE on Robinhood Chain.
BaiBai now supports Coinbase tokenized stocks on Base.
Starknet is considering becoming a layer 1 because of the quantum threat and AI.
Data Foundation is migrating to Sui and Walrus.
If you enjoyed this daily roundup, make sure to follow me, I'll see you tomorrow!
$BTC $SPY $QQQ $OIL $SMH
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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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