Happy Saturday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Eric Trump believes Bitcoin will surpass $1,000,000 and says to buy the dips, noting Q4 has historically been the best quarter for cryptocurrencies.
→ BlackRock’s $16.9 billion Global Allocation Fund now holds more than $66 million of its spot Bitcoin ETF, IBIT.
→ BlackRock buys 703.73 Bitcoin worth $77 million.
→ Kraken raises $500 million at a $15 billion valuation.
→ $22,000,000,000 worth of Bitcoin & Ethereum options expire today.
→ Odds of Bitcoin dropping below $100K by year-end climb to 55%.
→ Publicly traded Bitcoin mining company Cango buys another 141 Bitcoin worth $15.4 million.
→ Vanguard is preparing to offer access to crypto ETFs on its brokerage platform.
→ Tesla closes the week at $440.40, reaching its all-time highest weekly finish.
→ Mexico cut rates for the 11th consecutive time, 25 bps move down to 7.50%.
→ Tether CEO says countries will realise embracing Bitcoin makes a huge difference.
→ Michael Saylor explains how Bitcoin-backed credit is the largest financial opportunity in the world.
→ Micron reorganized its business for AI, with HBM powering a margin super-cycle.
📊 Altcoin Market Updates 📊
→ CYBER HORNET files for ETFs pairing S&P 500 with XRP, SOL and ETH.
→ Astherus price rallies over 100% in the past 24 hours.
→ Ripple’s RLUSD stablecoin now listed on Bybit.
→ SWIFT working on stablecoin and onchain messaging using Linea.
→ REX-Osprey buys 76,617.48 SOL worth $15 million.
→ Fidelity sells 38,091.7 ETH worth $150 million.
→ Kalshi flips Polymarket in marketshare, with 30-day volume surpassing $2,000,000,000.
→ XPL leads HYPE by over 1.5x in 24h spot volume on Hyperliquid.
→ Rabby Swap now supports HyperEVM.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
@TimothyAssi
$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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