Happy Tuesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- Bitcoin surged past $80,000 and briefly hit $81,000.
- Companies purchased a record 50,351 bitcoin in Q1 2026.
- Michael Saylor's Strategy (STRC) is nearly back to par, signaling potential for renewed bitcoin acquisitions above $100.
- US Senator Cynthia Lummis urged lawmakers to pass the Bitcoin and crypto market structure bill immediately, citing America's financial future.
- Betting odds for President Trump signing crypto market structure legislation into law this year reached 64%.
- US Senator Tim Scott noted Congress is making real progress on crypto market structure legislation.
- The 30-year Treasury yield closed above 5%, near its highest level in over a decade, as the bond market prices in a higher chance of a Fed rate hike (37%) by year-end versus cuts.
- Brent crude oil rose sharply to around $120 following developments involving Iran, with significant gains also seen in jet fuel, WTI crude, and other commodities.
- Palantir reported strong Q1 results with US commercial revenue up 133% year-over-year and raised full-year guidance.
- "Big Short" investor Michael Burry sold all his GameStop shares.
📊 Altcoin Market Updates 📊
- Liminal on Solana surged 1500% shortly after launch following a major endorsement.
- Western Union's Solana-based stablecoin USDPT officially went live.
- Telegram CEO Pavel Durov announced Telegram will replace the TON Foundation as the main driver and largest validator of TON, calling its glory days "inevitable."
- Aave filed an emergency motion to vacate a restraining notice on Arbitrum DAO attempting to seize approximately $71 million in ETH.
- Binance is launching a withdrawal lock feature to help deter crypto wrench attacks.
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 $SPY $QQQ $OIL
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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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