Happy Saturday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ BlackRock clients sell $268.6 million worth of Bitcoin.
→ Michael Saylor on Bitcoin price action: "Volatility is a gift to the faithful."
→ Over the last 30 years, the purchasing power of the US consumer dollar has been cut in half due to inflation.
→ Bitcoin was $49,000 when Tesla stopped accepting BTC payments; now it's more than doubled to $106,000.
→ President Trump says he could move up China's 100% tariff deadline from November 1st.
→ Trump says "China wants to talk. We like talking to China."
→ Stripe-backed blockchain startup Tempo raises $500 million round led by Joshua Kushner’s Thrive Capital and Greenoaks.
→ Odds of Bitcoin falling below $100,000 this month rise to 52%, according to Polymarket.
→ $11 trillion Charles Schwab says interest in their crypto products is increasing, with 90% more visits to their crypto site.
→ Billionaire Bill Gross says gold has become a 'momentum' and 'meme' asset.
→ Small businesses can now accept Bitcoin just like a card with zero processing fees with Jack Dorsey’s Square, starting Nov. 10.
→ Bitcoin is now down 18% from its all-time high of $126,000 on October 6.
→ American Express says government shutdown hasn't affected customers yet.
→ WTO Chief warns global GDP could drop by 7% if the US and China decouple.
→ UBS raises 2025 year-end target for S&P 500 to 6,900 from 6,600.
→ Anthony Pompliano on Fox Business: Gold denominated in Bitcoin has been down 84% since January 2020.
→ White House Advisor Hassett says three Fed rate cuts would be "a good start."
→ Hassett says "we're not in a trade war with China."
→ President Trump says "no" when asked if China tariffs will stand.
→ World’s largest Youtuber MrBeast filed a trademark for a banking services mobile app that provides crypto and other services.
→ Binance among crypto firms hit by French money-laundering checks.
→ U.S.-listed QMMM jumped 9.6× after a $100M Bitcoin, Ethereum, and Solana plan, but now faces SEC manipulation charges.
📊 Altcoin Market Updates 📊
→ Huobi founder Li Lin to launch $1,000,000,000 firm to manage and expand Ethereum focused treasury.
→ Ripple to raise at least $1 billion to purchase XRP.
→ Gold and USD stablecoins outperform every single top 100 crypto token in the past 24 hours.
→ Japan megabanks to issue stablecoins for business use.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
@TimothyAssi
$BTC $ETH $GOLD $SILVER $SPX500
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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