Happy Tuesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- Bitcoin reclaims $70,000.
- Michael Saylor's Strategy acquires 17,994 Bitcoin for approximately $1.28 billion at around $70,946 per Bitcoin.
- Michael Saylor's Strategy now holds 738,731 Bitcoin valued at $50.7 billion.
- Over 20 million of Bitcoin's 21 million supply cap has been mined, leaving less than 1 million.
- US Treasury reports that using Bitcoin and crypto privacy mixers is not unlawful, allowing lawful users financial privacy.
- Brent crude oil falls below $90 from its $117 high, declining over 23%.
- President Trump considers taking control of the Strait of Hormuz to open access to oil routes.
- Iran warns oil tankers to be very careful in the Strait of Hormuz.
- JPMorgan predicts the S&P 500 could fall by 10%.
- S&P 500 was down 5.2% from its January 28 peak, the 32nd pullback over 5% since March 2009.
- Nvidia plans to launch an open-source AI agent platform called NemoClaw.
- Coinbase CEO Brian Armstrong says soon there will be more AI agents than humans making transactions; they can't open bank accounts but can own crypto wallets.
- Binance CEO CZ says AI agents will make 1 million times more payments than humans and will use crypto.
- Saudi Aramco using AI to improve efficiency across operations.
- Iran’s Foreign Minister Abbas Araghchi says dialogue with the United States is no longer likely to remain on Iran’s agenda.
- New wave of ballistic missiles fired towards Israel.
- US Senator Lindsey Graham says Saudi Arabia and GCC states need to get involved in the fight with Iran otherwise consequences will follow.
- President Trump says it's too soon to talk about seizing Iran's oil.
- Off-plan apartment in Dubai’s Palm Jumeirah sells for Dh92.5 million ($25.1 million) as investor demand remains strong despite regional conflict.
- Anthropic sues US government after being labeled a national security risk.
- Anthropic introduces code review for Claude code.
- Michael Saylor's Strategy files an amendment to sell more shares in premarket and after hours trading to buy more Bitcoin.
- Nasdaq partners with Kraken in tokenization push.
📊 Altcoin Market Updates 📊
- Tom Lee's BitMine buys 60,976 ETH worth $122 million.
- Grokius rises 85% over 24 hours after Elon Musk reposts a related post.
- Biao memecoin rises as traders compare it to early days of Pepe.
- Pudgy Penguins announces Pudgy World, its free-to-play browser-based game, is now live.
- Oil derivative/HIP-3 pair does $1 billion in 24-hour volume on Hyperliquid.
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 $OIL $SPY $GOLD
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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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