Happy Tuesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Over $130,000,000 in crypto longs positions liquidated as Bitcoin falls below $90,000.
→ BlackRock clients sell $145.24 million worth of Bitcoin.
→ Bitcoin forecasted to drop to around $82,000 this year.
→ Odds of Bitcoin trading above $200K by 2027 fall to 18%.
→ White House reviewing policy for IRS access to offshore crypto holdings.
→ 95% of the total Bitcoin supply has now been mined.
→ MicroStrategy buys another 8,178 Bitcoin for $835.6 million.
→ El Salvador buys $100,000,000 worth of Bitcoin.
→ Peter Thiel dumps entire Nvidia position worth over $100 million.
→ Japan’s FSA plans to classify crypto as financial products, and cut the tax rate from 55% to a flat 20%.
→ Japan’s 20-year government bond yield rises to highest since 1999.
→ Google stock jumps nearly 7% after Buffett's Berkshire Hathaway buys $4.3B stake.
→ Trump approves bill allowing tariffs up to 500% on Russia’s trade partners.
→ President Trump says $2,000 tariff dividend will be sent to Americans by mid-2026.
→ Mt. Gox moves $900M+ worth of Bitcoin.
→ Bitcoin now red on the 1Y timeframe.
→ S&P 500 closed below its 50-day moving average for the first time since April 30.
→ You can now borrow up to $5 million against your Bitcoin without selling it on Coinbase.
→ Singapore Exchange to launch Bitcoin and crypto perpetual futures.
📊 Altcoin Market Updates 📊
→ Ghost surpasses 11,500 holders as Zec trades close to all-time highs with Zcash whales accumulating.
→ VanEck Solana staking ETF is now live.
→ Bitmine Immersion bought 54,156 Ethereum, worth $168.98 million.
→ BlackRock deposits 54,730 Ethereum, worth $175.93 million into Coinbase.
→ Ethereum falls under $3,000.
→ Hype is the only top 15 token that is green in the last 24 hours.
→ DappRadar platform to shut down.
→ Aave introduces app.
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 $SPX500 $HYPE
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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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