Happy Wednesday 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 briefly drops below $103,000. Now trades around $103,500.
β Over $397,000,000 in long positions liquidated from the crypto market in the past 24 hours.
β BlackRock clients bought $224.38 million worth of Bitcoin.
β JPMorgan rolled out deposit token βJPM Coinβ on Base network.
β Waymo is now doing 1 million rides per month, a 3x increase over the past year.
β S&P 500 operating earnings are up 24% year-over-year.
β Bitcoin supply on exchanges has fallen to a new low.
β Jim Cramer says we could really use some blockchain on a day like today.
β Chance of Bitcoin hitting $150K before May 2026 falls to 28%, per traders.
β 95% chance the US government reopens by the end of the week.
β NEC Director Kevin Hassett says inflation is trending positively, with recent CPI data below expectations.
β Crypto Czar David Sacks says the US is a major step closer to becoming the crypto capital of the world.
β SoFi becomes first nationally chartered US bank to launch Bitcoin and crypto trading.
β US added just 3,000 private-sector jobs per month over last 3 months.
β China says it's ready to work with the US to maintain a stable global supply chain.
β Owen Gunden transferred 700 Bitcoin ($73M) to Kraken, total 1800 BTC ($200M) this week.
β Treasury Secretary Bessent says tariffs help consumers.
β AMD CEO Dr. Lisa Su doubled the estimate for the Data Center market to over $1T in 2030.
β SoftBank sold its entire stake in Nvidia for $5.8 billion.
β Matrixport withdrew 872 Bitcoin, worth $91.68 million, from Binance.
β Japanese Bitcoin treasury company Metaplanet CEO says almost 0.2% of all Japanese are now shareholders.
π Altcoin Market Updates π
β Former BlackRock executive says Ethereum is the infrastructure for Wall Street.
β Canary filed 8A for XRP ETF, pointing to launch today or Thursday.
β Wallet holding more than $200,000 across #1 coin and $Neet coin spotted buying 3,061,356 $ROI worth $12,427.
β a16zcrypto says as crypto reaches more mainstream users, the need for privacy is more urgent than ever.
β FogSwap $FOG drops fees to 0%, with 24/7 support and new CEX + DEX routes rolling out this week.
β Robinhood says crypto is becoming the infrastructure for the global financial system.
β Robinhood CEO predicts tokenization will unlock 24/7 markets, and once people experience it, they'll never go back.
If you enjoyed this daily roundup, make sure to follow me β 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 $XRP $SPX500 $NVDA $GOLD
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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