Happy Wednesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Bitcoin falls below $91,000 again. Now trades around $90,300.
→ BlackRock clients sell $513.47 million worth of Bitcoin.
→ BlackRock deposits 3,064 Bitcoin, worth $280 million, into Coinbase.
→ Bitcoin now forecasted to drop to around $82,000 this year, based on price of recent trades on Kalshi.
→ There's now a 36% chance of Bitcoin falling below $80,000, according to Polymarket.
→ Jack Dorsey’s Block launches 'Bitcoin is Everyday Money' campaign, calls for a de minimis tax exemption.
→ Mt. Gox moves $900 million worth of Bitcoin.
→ Odds of Bitcoin hitting $115,000 in November drop below 5% on Polymarket.
→ Bitcoin now down 3% on the year after being up over 35% in early October, with current drawdown at 29%.
→ Gold outperforming Bitcoin since the inception of the first Bitcoin ETFs in January 2024.
→ Gold is the best performing major asset in 2025 at +54%, while Bitcoin is now the worst at -3%.
→ U.S. set to approve first sales of advanced AI chips to Saudi Arabia.
→ Saudi Arabia to invest $1 trillion in the United States.
→ Kalshi plans aggressive international expansion, expects presence in many countries within 18 months, more sports deals coming, and prediction markets set to rival stocks.
→ Nvidia and Microsoft committing to invest up to $10 billion and up to $5 billion respectively in Anthropic.
→ U.S. and Saudi Arabia set to announce deal with "multi-billion dollar" investment in American AI infrastructure via "dozens" of investments.
→ President Trump says he knows who he will pick to replace Jerome Powell as Fed Chair.
→ President Trump says he would love to replace Fed Chair Jerome Powell "right now."
→ Google launches Gemini 3, claiming to be the world's 'most intelligent' AI model.
→ Coinbase CEO Brian Armstrong says there has been 'a lot' of progress on crypto market structure legislation and it could pass in December.
→ U.S. banking regulator says banks can hold crypto to pay blockchain network fees.
→ The delinquency rate on CMBS loans for office properties has moved up to 11.8%, the highest level on record.
→ Japan’s 30-year bond yield has spiked to 3.24%, the highest level on record.
→ The S&P 500 is down 5% from its peak on October 29, the 2nd pullback of the year.
→ Amazon's Zoox is now offering early-access rides in its driverless cars in San Francisco.
📊 Altcoin Market Updates 📊
→ BlackRock clients sell $192.28 million worth of Ethereum.
→ BlackRock deposits 64,707 Ethereum, worth $198.7 million, into Coinbase.
→ Anoma goes live on Ethereum with its Protocol Adapter enabling native intents, programmable privacy, and cross-chain interoperability; Xan rallies 50% in 24 hours.
→ Libra team spends 61.59 million USDC to buy 456,393 Solana at $135.
→ Fidelity Solana Staking ETF set to go live November 19th.
→ Bullish price up over 130% in the past 24 hours, after putting in new all-time high, surpasses 18,000 token holders.
→ OpenLedger launches Open mainnet, hits $15 million revenue, with Open token listed on major exchanges including Binance.
→ Revolut chooses Polygon as go-to crypto rails for payments, trading, and staking, processing $690 million to date.
→ Arbiscan is now operational following outage.
→ Hype is the only top 15 token by market cap that is green in the last 24 hours.
→ Phantom introduces “Phantom Terminal”.
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 $SOL $HYPE $XRP
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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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