Happy Wednesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Bitcoin shoots back above $111,000
→ Strategy buys another 4,048 Bitcoin for $449 million
→ Bitcoin hashrate hits a new all-time high
→ Almost 94.85% of the total Bitcoin supply has now been issued
→ Global M2 is at an all-time high
→ SEC and CFTC to facilitate the trading of certain spot crypto asset products on registered exchanges
→ Coinbase to begin offering traditional equities futures, with their first product being a MAG7 and crypto equities index
→ Google will not be forced to sell Chrome, barring exclusive search deals
→ Trump says there will be an "emergency meeting" tomorrow on the tariff ruling
→ US Bond Market in a drawdown for 61 months, longest in history
→ Jim Cramer says the market in September is normally weak
→ Anthropic raised $13 billion at a $183 billion valuation
→ Elon Musk states Optimus robots will drive 80% of Tesla’s value
→ NIO Q2 results: Adj. EPS -$0.25, Revenue $2.65B, Net Loss $697M, Deliveries surged to 72,056 units
📊 Altcoin Market Updates 📊
→ Ethereum validator entry queue hits highest level in ~2 years
→ Ethereum Foundation announces intent to sell 10,000 ETH worth $43 million
→ Publicly traded ‘The Ether Machine’ buys another 150,000 ETH worth $635.8 million
→ Publicly traded SharpLink Gaming buys another 39,008 ETH worth $167.7 million
→ Bitmine announces it now holds 1,866,974 ETH at $4,458 per ETH
→ Bitmine says Ethereum is having its 1971 moment where real world assets are becoming synthetic or tokenized
→ Ethereum L2 Starknet down for over 20 minutes
→ Publicly traded CleanCore Solutions to become first-ever DOGE treasury company
→ California Governor Gavin Newsom to launch crypto memecoin
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
$BTC $ETH $SOL $LINK $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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