Happy Saturday! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Tesla proposes a $1,000,000,000,000 compensation package for Elon Musk.
→ Paraguay Vice President to hold meeting on creating a strategic Bitcoin reserve.
→ Robinhood to join the S&P 500.
→ Michael Saylor's 'Strategy' fails to be listed in the S&P 500.
→ President Trump reportedly considering blocking U.S. tech companies from outsourcing jobs to India.
→ Chance of U.S. Federal Reserve cutting rates by 25 basis points rises to 90% on Polymarket, following BLS August jobs report.
→ U.S. Bureau of Labor Statistics reports technical difficulties, temporarily halting all data retrieval tools. .
→ Asia’s Sora Ventures announces plans to buy $1,000,000,000 in Bitcoin within six months.
→ SEC and CFTC plan to bring perpetual contracts onshore for U.S. traders, with a joint roundtable set for September 29.
→ Spot Gold hits new all-time high of $3,578.98 per ounce.
→ BlackRock sells 571.02 BTC worth $63.4 million.
📊 Altcoin Market Updates 📊
→ BlackRock sells 72,142.25 ETH worth $311.6 million.
→ SOL Strategies becomes the first Solana treasury company approved for Nasdaq listing.
→ Hyperliquid announces USDH ticker, currently reserved, will be released via a transparent, onchain validator vote to select the team to build a natively minted, Hyperliquid-first stablecoin.
→ Tether to invest an additional $100,000,000 in Canadian gold royalty company Elemental Altus, raising its stake to around 37.8%.
→ $XVM price rallies 120% in the past 24 hours, surpasses 8,700 holders as RWA narrative heats up.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
$GOLD $BTC $ETH $SOL $XRP
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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