Good morning all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Bitcoin briefly rises back to $104,000. Now trades around $102,200.
→ BlackRock clients sell $127.17 million worth of Bitcoin.
→ $9.6 billion worth of crypto short positions to be liquidated if Bitcoin price hits $115,000.
→ Tether buys 961 Bitcoin worth $98.9 million for its treasury.
→ Eric Trump says he is all in on Bitcoin and predicts it will hit $1,000,000.
→ JP Morgan holds $343 million in Bitcoin ETF IBIT, a 64% increase.
→ Trump family-backed American Bitcoin acquires 139 Bitcoin, now holds 4,004 Bitcoin.
→ Strategy upsizes preferred stock offering from €350 million to €620 million to buy more Bitcoin.
→ White House Economic Advisor Kevin Hassett expects big rebound after federal government opens.
→ Kazakhstan to launch $1 billion crypto reserve fund using seized assets by 2026.
→ Government shutdown forecasted to last 49 days based on Kalshi trades.
→ China’s gold reserves surge to $297.21 billion in October.
→ Supreme Court allows President Trump to block SNAP funding.
→ Fed Governor says crypto innovation impacts economy.
→ President Trump not worried about AI bubble.
→ President Trump says inflation almost none, may drop to 1%.
→ Taxpayers may see record refunds in 2026 due to Trump's bill.
→ President Trump accuses Nancy Pelosi of illegally making fortune in stock market.
→ President Trump announces $100 billion trade deal with Uzbekistan.
→ Magnificent 7 make up 36% of S&P 500 market cap.
→ Microsoft, Amazon, Google, Meta to spend $400 billion on CapEx this year for AI.
→ Kalshi prediction market all-time volume closes in on $15 billion.
📊 Altcoin Market Updates 📊
→ Ghost becomes one of the fastest growing privacy tokens on Solana, surpasses 10,000 holders.
→ Two fresh wallets spend $101k worth of Solana to buy 6.48 million Bullish over past 4 days.
→ Paradigm identified as top Hype holder with 19 million tokens worth $763 million.
→ Whale deposits 14 million USDC into Hyperliquid and buys 210,701 Hype worth $8.34 million.
→ Wallet linked to SharpLink Gaming redeems 5,284 Eth worth $17.52 million and deposits 4,364 Eth worth $14.47 million into OKX; CIO denies connection.
→ Warning of fake Hyperliquid app on Google Play Store.
→ Polygon foundation CEO says the dollar is set to become more powerful in short to medium term due to stablecoins.
→ Delta-neutral synthetic stablecoin USDX hits -60% low after depeg.
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
$BTC $ETH $SOL $HYPE $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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