Good morning all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
π¨ Major Headlines & Market Moves π¨
β Bitcoin falls under $110,000.
β Over $1,000,000,000 worth of crypto longs liquidated in the past 24 hours.
β BlackRock files for Bitcoin Premium Income ETF.
β BlackRock buys 1,135 BTC worth $127 million.
β $2.8 trillion Capital Group becomes the largest shareholder of Bitcoin treasury company Metaplanet.
β French private investment firm Melanion Capital plans to raise $58.5 million to start their BTC treasury.
β Dutch government to consider the creation of a Strategic Bitcoin Reserve.
β Ohioβs State Board of Deposit approved a vendor to accept Bitcoin and crypto payments for state fees and services.
β Banking giant HSBC says S&P 500 could rally 20% to 7,000 by year-end.
β President Trump says interest rates are still too high due to Fed Chair Jerome Powell's "incompetence."
β US revises Q2 GDP growth up to 3.8% from 3.3%.
β Microsoft terminates Israeli military's access to its technology after uncovering mass civilian surveillance system.
β Odds of BTC dropping below $100K by year-end now sit at 50%, according to traders on Kalshi.
β Chance U.S. Fed does not change rates in October increases to 17% on Polymarket.
β Costco Q4 FY25 revenue up 8% Y/Y to $86.2B, EPS $5.87.
β Elon Muskβs xAI signs new deal to expand Grok access to the U.S. federal government.
β Elon Muskβs xAI accuses OpenAI of stealing trade secrets to gain unfair advantage in race to develop AI technology.
π Altcoin Market Updates π
β REX-Osprey staking ETH ETF (ESK) trading now live.
β BlackRock sells 6,366.75 ETH worth $25.6 million.
β ETH drops below $4K.
β SOL trading below $200.
β #DOGE1 token address now featured on the official DOGEβ1 Lunar Mission website.
β Cloudflare introduces stablecoin.
β Nine European banks join forces to issue MiCA-compliant euro stablecoin.
β Hyperliquid has more open interest on XPL than Binance and Aster combined.
β Aster's 24h perp volume surpasses Hyperliquid's by more than triple.
If you enjoyed this daily roundup, make sure to follow me β I'll see you tomorrow.
@TimothyAssi
$BTC $ETH $SOL $HYPE $XRP
Thanks for reading
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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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