Happy Tuesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
šØ Major Headlines & Market Moves šØ
- Bitcoin briefly falls under $63,000.
- Over $620,000,000 liquidated from the cryptocurrency market in the past 24 hours.
- The Fed moves to eliminate āreputation riskā from oversight policy, a framework that debanked and prohibited Bitcoin and crypto firmsā access to banking.
- US regulator OCC approves Crypto.com to become a National Trust Bank.
- French government owned energy company Engie is considering installing Bitcoin miners at its new solar plant in Brazil to make the facility more profitable.
- Strategy buys another 592 Bitcoin for $39.8 million.
- Small businesses can now accept Bitcoin just like a card with zero processing fees with Jack Dorseyās Square.
- Over $700,000,000,000 wiped out from the US stock market yesterday.
- US mortgage rates drop below 6% for the first time since 2022.
- Global funds have resumed buying Indian equities, with net purchases of $1,700,000,000 so far this month.
- Spot silver surges to $88/oz.
- President Trump says he can use licenses to charge and do āterrible thingsā to countries.
- Over $2,200,000,000 in crypto long positions set to be liquidated if Bitcoin falls below $60,000.
- Coinbase CEO Brian Armstrong says Bitcoin is an āinflation-resistant assetā and crypto is the āpath to economic freedom.ā
- Adobe is down over 64% from its peak, the biggest drawdown in the stock since March 2009.
- IBM fell over 13% yesterday, its biggest one-day decline since October 2000.
- Uber launches Autonomous Solutions, a white-label fleet management platform.
- Chinese firms DeepSeek, Moonshot AI, and MiniMax created 24,000+ fake accounts to extract data from its Claude model.
- EU set to freeze US trade deal approval over Trump tariff risk.
š Altcoin Market Updates š
- Ethereum forecasted to go as low as $1,200 this year, per Kalshi traders.
- President Trumpās board of peace explores dollar-backed stablecoin for Gaza economic rebuild.
- Terra sues Jane Street for alleged insider trading leading to the collapse of UST and LUNA.
- Bitmine Immersion Technologies announces ETH holdings reach 4.423 million tokens, and total crypto and total cash holdings of $9.6 billion.
- Hyperliquid web3 āsuperappā raises $11.5 million series A led by Pantera.
- White House says stablecoin rewards āgap has shrunk considerablyā.
- Trump-linked stablecoin wobbles as WLFI says itās under ācoordinated attackā.
- $CLAW Mode rolls out platform supporting autonomous AI agents that post, interact, and execute trading strategies via ā!clawmodeā on X.
If you enjoyed this daily roundup, make sure to follow me ā Iāll see you tomorrow.
Credit to the following X accounts for key insights & updates: @whaleinsider @bitcoinmagazine @watcherguru
@degeneratenews @charliebilello @economyapp @earnings_time
$BTC $ETH $SPY $GOLD $SILVER
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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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