Happy Sunday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Eric Trump predicts Bitcoin will surpass $175,000 this year and calls himself a 'Bitcoin Maxi.'
→ Ark 21Shares buys 584.2 BTC worth $67.5 million.
→ Fidelity buys 452.6 BTC worth $52.3 million.
→ Bull markets have lasted 5x longer than bear markets on average, with bulls +254% over 5 years and bears -31% over 1 year.
→ Rising delinquencies: Credit cards >12%, highest since Great Recession; Student loans >10%; Auto loans near 5%.
→ Some upcoming earnings this week: NVIDIA Corporation, Alibaba Group Holding Limited, PDD Holdings Inc., CrowdStrike Holdings, Inc., Toronto-Dominion Bank.
📊 Altcoin Market Updates 📊
→ Bitmine Immersion buys $45.6 million worth of ETH.
→ Fidelity buys 27,913.98 ETH worth $131.9 million.
→ BlackRock buys 25,901.52 ETH worth $122 million.
→ ETHZilla to raise up to $10,000,000,000 to buy more ETH.
→ Matrixport-linked wallets moved 95,873 ETH worth $452 million to Binance and OKX.
→ LayerZero proposal to acquire Stargate passes with 94.76% approval.
→ Crypto social platform DEGEN launches with in-feed trading and token launches on Solana.
→ Apple patched a zero-click vulnerability that could lead to cryptocurrency theft; urged immediate updates.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
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.
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