Happy Saturday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- Bitcoin briefly trades above $73,000.
- Bitcoin supply on exchanges is heading towards new lows.
- Michael Saylor's Strategy has accumulated 9,454 bitcoin this week.
- The bitcoin fear and greed index is still in extreme fear.
- Bloomberg reports that bitcoin nears the zone where past bear markets have bottomed out.
- Former UK prime minister Boris Johnson says he has long suspected that bitcoin is a giant Ponzi scheme.
- Over $2 trillion in U.S. stock market value has been wiped out since the Iran war began.
- A U.S. federal judge has blocked subpoenas sent to Fed chair Jerome Powell by the Trump administration.
- The chance of a U.S. recession this year has risen to 36 percent per Kalshi traders.
- U.S. gas prices have risen to $3.63 per gallon, the highest since May 2024.
- Core PCE inflation has moved up to 3.1 percent in January, the highest level in 22 months.
- Canada's economy lost 83,900 jobs in February.
- Silver has crashed under $80, falling 5%.
- Jim Cramer says the market is oversold and he is buying.
📊 Altcoin Market Updates 📊
- Tron has joined the Mastercard crypto partner program as the network processes around $22 billion in daily volume.
- Billionaire Stanley Druckenmiller predicts that the global payment system will run on crypto stablecoins within 15 years.
- Coinbase CEO Brian Armstrong says tokenization will strip away a huge amount of unfairness from the system by increasing asset access worldwide.
- The Ethereum Foundation has published its mandate.
- Circle has introduced Circle Skills, open source AI skills for building with USDC, EURC, ARC and Circle’s developer platform.
- Moonpay has introduced Ledger-secured AI crypto agents to address wallet key risks.
- A new token called $DRONE has launched on Solana amid global drone news.
- Token2049 Dubai has been postponed to 21-22 April 2027.
- The developer of Story Protocol has let go of several employees and contractors as it explores opportunities with AI agents.
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
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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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