Happy Monday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Senate reaches deal to end US government shutdown.
→ Bitcoin reclaims $106,000.
→ President Trump announced he will send Americans a $2,000 tariff revenue check.
→ Michael Saylor hints at buying more Bitcoin.
→ Chaos brews on Kalshi as the government shutdown market erupts past $47,000,000 in volume, with traders racing to bet on Washington’s fate.
→ James Wynn hit with 12 more liquidations in 12 hours as market rebounds. After 45 losses in two months, one winning trade wasn’t enough—he kept adding and lost again. His balance is now $6,010.
→ Goldman Sachs expects Fed to deliver three more rate cuts: one in December, followed by two in 2026, taking rates to roughly 3–3.25%.
→ 37% chance Kevin Hassett will be the first person formally nominated by President Trump for Fed Chair before Jan. 20, 2029, per traders on Kalshi.
→ President Trump says businesses are pouring into the US only because of tariffs.
→ President Trump says "people that are against tariffs are fools."
→ Coinbase CEO says "if we want greater prosperity, especially for the poorest people in society, we need more capitalism, and less socialism" - "crypto helps with this by injecting economic freedom (and capitalism) into every country around the world."
→ President Trump says “less crime, more Trump!”
→ The University of Michigan Consumer Sentiment index has moved down to 50.3, the 2nd lowest reading in the survey's history (since 1952).
→ 12.4% of credit card balances in the US are now 90+ days delinquent, the highest since 2011.
→ US companies announced 153k job cuts in October, a 175% increase from a year ago. This was the highest number of layoffs for any October in over 20 years and the most for any single month in Q4 since 2008.
→ Earnings week Nov 10-14 with reports from major players across tech, energy, materials & healthcare sectors. Key reports: DIS AMAT JD CSCO NU DLO BILI SE CRWD OXY TSN GFS TDG ONON MFC PAAS ASND NICE SMFG TMC RUM RLX TWST BTBT.
đź“Š Altcoin Market Updates đź“Š
→ Cyberlife $LIFE joins the Nvidia Inception Program, unlocking next-generation creation tools powered by Nvidia’s cutting-edge GPU and AI infrastructure.
→ FogSwap $FOG unveils a five-phase roadmap on privacy liquidity, dev tools, institutions, adoption, and a global network, aiming to dominate the privacy sector.
→ $RELO price rallies to new all-time high after debuting its AI-driven launchpad, the first platform run entirely by artificial intelligence.
→ Newly created wallet deposits $3.54 million USDC into Hyperliquid and opens 10x leverage $ZEC long position.
→ Binance Founder CZ says he may “choose to market sell any meme coins” received in his public donation wallet.
→ New whale appears and deposits 3.54 million USDC into Hyperliquid and places limit long at $508.5 for $ZEC.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
Credit to the following X accounts for key insights & updates: @whaleinsider @bitcoinmagazine @watcherguru
@degeneratenews @charliebilello @economyapp @earnings_time
$BTC $ETH $SOL $XRP $HYPE
Thanks for reading!
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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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