Happy Wednesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨Major Headlines & Market Moves 🚨
- Over $1.3 trillion wiped out from the US stock market yesterday.
- S&P 500 erases all of its 2026 gains.
- Bitcoin falls below $90,000.
- Spot gold hits new all-time high of $4,750 per ounce.
- Silver reaches new all-time high of $95.
- Over $360,000,000 worth of crypto long positions liquidated in the past hours, as Bitcoin fell under $88,000.
- Odds of Bitcoin hitting $100,000 in January drop below 10% on Polymarket.
- Greenland's Prime Minister tells population to prepare for possible US invasion.
- France supports suspending the EU's trade deal with the US.
- UK approves plan to build new mega Chinese embassy in London featuring 208 underground rooms despite security fears.
- Non-oil activities account for about 55–56% of Saudi Arabia’s GDP.
- Chinese owned Temu catches up with Amazon in global cross-border ecommerce.
- Fast food giant Steak 'n Shake announces it will start paying a Bitcoin bonus to its hourly employees for every hour worked.
- CFTC Chairman says Congress is now on the cusp of enacting the Digital Asset Market Clarity Act.
- Coinbase CEO Brian Armstrong says Bitcoin could hit $1 million by 2030.
- Coinbase CEO Brian Armstrong says Bitcoin and crypto market structure legislation has made good progress.
- Strategy buys another 22,305 Bitcoin for $2.1 billion.
- Strategy now owns over 700,000 Bitcoin.
- There's now an 82% chance Michael Saylor's Strategy will reach holding 800,000 Bitcoin by end of year.
- Treasury Secretary Scott Bessent says the policy of this government is to add seized Bitcoin to the digital asset reserve.
- Twenty One CEO Jack Mallers predicts Bitcoin could hit $150,000-$200,000 this year.
- Elon Musk says Tesla's mission is to build universal high income.
- President Trump says the US will not have a trade deficit next year because of tariffs.
- Peter Schiff says a US financial crisis worse than 2008 is coming this year.
- BlackRock CEO Larry Fink says global elites have lost the public's trust.
- European Union preparing to announce historic trade deal with India.
- Commerce Secretary Howard Lutnick expects the US economy to grow over 5% this quarter.
- Danish pension fund AkademikerPension to sell all US Treasuries.
- Netflix paid subscribers have more than quadrupled over the past decade, from 75 million in 2015 to 325 million in 2025.
- Netflix revenues hit a record $12 billion in Q4, up 18% YoY.
- Gas prices in the US have moved down to $2.91 per gallon, their lowest level since March 2021.
- 5 out of the 7 stocks in the Magnificent Seven are actually underperforming the S&P 500 since the start of 2025.
📊 Altcoin Market Updates 📊
- Paradex experienced a short outage that sparked online speculation, but the platform was restored and trading resumed within hours, with no impact on user funds.
- Redemption ARC price rallies 50% in the past 24 hours, following deleted “redemption arc” post by PumpFun founder Alon.
- Tom Lee's BitMine buys 35,628 ETH worth $110 million.
- OndoFinance says “Solana”.
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 $GOLD $SILVER $SPX500
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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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