Happy Tuesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Senate passes bill to reopen the US government.
→ $750 billion added to Gold's market cap yesterday.
→ US Senate AG Committee releases crypto market structure draft bill.
→ Berkshire Hathaway now holds over 31% of assets in cash, a record high.
→ $1 trillion added to the US stock market today.
→ President Trump says inflation will reach 1.5% pretty soon.
→ President Trump warns of economic disaster if Supreme Court rules against tariffs.
→ President Trump says he is close to finalizing a new trade deal with India.
→ US Treasury and IRS issue guidance allowing crypto ETPs to stake digital assets and share rewards.
→ Fed Governor calls for 50 basis points interest rate cut in December.
→ President Trump plans to use tariff revenue to substantially pay down national debt.
→ China expresses hope for continued US cooperation.
→ Michael Saylor's Strategy buys 487 Bitcoin for $49.9 million.
→ Vivek Ramaswamy's Strive buys 1,567 Bitcoin worth $162 million.
→ Coinbase to launch platform for digital token offerings, with Monad as first project on November 17.
→ Tether to spend $100 million in advertising on Rumble.
→ Square merchants across the US now accept Bitcoin payments.
→ Robinhood CEO predicts tokenization will unlock 24/7 markets.
→ Trader James Wynn liquidated on Bitcoin short position, total PnL now -$23 million.
→ CFTC Acting Chair confirms push for leveraged spot crypto trading on US exchanges.
📊 Altcoin Market Updates 📊
→ Bitmine Immersion buys additional 18,271 ETH worth $64.6 million from Kraken.
→ New wallet receives 23,521 ETH worth $83.2 million from BitGo, likely Bitmine Immersion.
→ Uniswap governance proposal introduced to turn on protocol fees and align incentives.
→ GIGA whale buys 2.1 million FOG tokens worth $23,138.
→ ROI ranks as top-performing USD-pegged asset in last 24 hours.
→ Bank of England proposes temporary stablecoin holding limits of £20,000 for individuals and £10 million for businesses.
→ Megaeth sale participants discussing OTC and hedging will receive refunds and zero allocation.
→ Archivas RCHV launches storage intelligence layer on BNB Chain.
→ 22 million XRP worth $56.2 million withdrawn from BitGet to new wallet.
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 $GOLD $XRP $SPX500
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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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