Happy Sunday all! I hope everyone is having a great weekend. If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ UBS says hard data shows 93% probability of U.S. recession.
→ Money market fund assets hit record $7.7 trillion, tripling in 8 years.
→ Kalshi open interest surges past $200 million as new money flows into crypto, finance, sports and other markets.
→ Odds Jerome Powell is no longer Fed Chair by year-end drop to 5%, per Kalshi Traders.
→ President Trump posts meme of himself firing Fed Chair Jerome Powell.
→ Fidelity sells $300.4 million worth of BTC.
→ UAE President Sheikh Mohamed bin Zayed and Sam Altman discuss AI cooperation and applications.
→ Hal Finney on Bitcoin price in 2011: "Every day that goes by and Bitcoin hasn't collapsed due to legal or technical problems...increases the chance of Bitcoin's eventual success and justifies a higher price."
📊 Altcoin Market Updates 📊
→ Publicly traded BitMine Immersion buys 233,877 ETH worth $935.1 million over the past few days.
→ BlackRock sells $199.9 million worth of ETH.
→ REX-Osprey buys $10.5 million worth of SOL.
→ 21Shares Core spot XRP Trust ETF decision due October 19.
→ Grayscale’s spot XRP ETF decision due October 18.
→ 'The Final Quarter' $Q4 price rallies over 50%, 24H DEX volume hits $1.1M.
→ $XPL leads $HYPE by over 1.5x in 24H spot volume on Hyperliquid.
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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