Happy Monday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
π¨ Major Headlines & Market Moves π¨
β Bitcoin hits $115,700.
β $160,000,000 worth of crypto shorts liquidated in the past 30 minutes.
β Michael Saylor hints at buying more Bitcoin.
β Bitcoin is now up 1.5% in October.
β President Trump expresses desire to meet North Koreaβs leader Kim Jong-Un.
β Odds of President Trump meeting Kim Jong-Un in 2025 rise to 33%.
β Foreign central banks now own more gold than U.S. Treasuries for the first time in almost 30 years.
β Treasury Secretary Scott Bessent says government shutdown is starting to eat into the muscle of U.S. economy.
β U.S. and China reach preliminary agreement on key issues following trade talks, with Treasury Secretary saying China is ready to make a deal removing 100% tariff.
β U.S. set to sign critical minerals deal with Malaysia.
β SoftBank approves remaining $22.5 billion of OpenAI investment.
β The Economist says China is winning the trade war and breathing more easily than America.
β Apple in talks with Elon Muskβs SpaceX to integrate Starlink into future phones, starting with iPhone 18 Pro in 2026.
β Russia cut rates for the 4th straight meeting, 50 bps to 16.5%.
β Price increases over last 5 years include auto insurance up 64.8% and eggs up 158%.
π Altcoin Market Updates π
β Sharplink Gaming buys another 19,271 Eth worth $81 million.
β $4,200 Ethereum.
β Fidelity's tokenized money market fund on Ethereum surpasses $230 million in AUM.
β Bullish price hits new all-time high, surpasses $12 million market cap.
β Fundstratβs Tom Lee says ETH remains in a Supercycle.
β Rex-Osprey's XRP ETF passes $100,000,000 AUM in under a month.
β Kalshi hits $254.9 million in 24-hour volume, surpassing Pumpfun.
β Zelle to allow crypto stablecoins for international transactions.
β Solana co-founder says the claim that L2s inherit Eth security is erroneous, 5 years into the L2 roadmap, wormhole Eth on Solana has the same worst case risks as Eth on Base.
PS: Just arrived in Cyprus with @Nmendoza11 and @KoraTrades. We are ready for the @etoro Summit!
If you enjoyed this daily roundup, make sure to follow me β I'll see you tomorrow.
@TimothyAssi
$BTC $ETH $SOL $SPX500 $GOLD
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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