Happy Saturday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Bitcoin drops below $108,000
→ Over $300,000,000 worth of long positions liquidated from the crypto market in the past 24 hours.
→ BlackRock buys 227 BTC worth $24.6 million.
→ BlackRock buys 568 BTC worth $63.3 million.
→ AirNet Technology buys 829 BTC worth $90 million.
→ VanEck Head of Digital Assets Research says "Buying more Bitcoin".
→ Michael Saylor's Strategy has outperformed Apple, Amazon, Google, Microsoft and NVIDIA over the past year because of adopting Bitcoin.
→ Steak 'n Shake announces their newly remodeled restaurants are "funded by bitcoin".
→ Balaji Srinivasan says, “When Bitcoin wins, it can win very fast.” So HODL.
→ Eric Trump says, “There is no question Bitcoin hits a million dollars.” Everyone is buying Bitcoin.
→ Adam Back says, “Eventually all companies will be Bitcoin treasury companies”.
→ CZ says, “Bitcoin will become the global reserve currency.”
→ President Trump says "all tariffs are still in effect" despite appeals court ruling against them.
→ US Appeals Court finds President Trump's global tariffs illegal.
→ Canada's economy declines 1.6% annualized in Q2, the biggest drop since the Covid pandemic.
→ Fed chair candidate Waller says “As of today, I expect further rate cuts within the next three to six months.”
→ Traders still expect a Fed rate cut in September.
→ The Fed's preferred measure of inflation has moved up to 2.9%, the highest since February.
→ Alibaba Q1 FY26: Revenue +2% to $34.6B, Cloud +26% to $4.7B.
📊 Altcoin Market Updates 📊
→ Amplify ETFs files for XRP Monthly Option Income ETF.
→ Whale holding over $5,000,000,000 of BTC is buying ETH.
→ BlackRock buys 15,006 ETH worth $67.1 million.
→ AirNet Technology buys 19,928 ETH worth $87.4 million.
→ Gucci now accepts payments in cryptocurrencies including ETH and DOGE at select U.S. stores.
→ China National Petroleum to launch feasibility study on cross-border stablecoin payments.
→ Solana memecoin DEBT surpasses $210,000 in verifiable payments toward reducing the U.S. national debt.
→ $NOIQ site now live enabling users to check IQ using X handle. Token not live yet.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
$BTC $ETH $SOL $XRP $LINK
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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