Happy Wednesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ US Department of Commerce to start issuing statistics on the blockchain.
→ Public company KindlyMD to raise $5 billion to buy more Bitcoin.
→ The number of addresses holding more than 100 Bitcoin hit a new all-time high.
→ Holding Bitcoin has been profitable for over 99% of its history.
→ Hong Kong Public Company Boyaa bought 290 Bitcoin for $33 million.
→ Fidelity buys 578.25 BTC worth $63.7 million.
→ BlackRock buys 568 BTC worth $62.6 million.
→ The world’s largest Bitcoin conference starts tomorrow in Hong Kong.
→ The US Money Supply grew 4.8% over the last year, the biggest YoY increase since July 2022.
→ Only 24% of all US home sales in 2024 went to first-time home buyers, the lowest share in history.
→ Home Price Appreciation in the US has flatlined as affordability remains near record lows.
📊 Altcoin Market Updates 📊
→ REX files for BNB Staking ETF.
→ ETH ETF Reserve surpasses $30 billion.
→ New Solana fork Analos LOS launches with RPC, wallet, explorer, bridge, DEX and launchpad.
→ Gemini rolls out ETH and SOL staking in the UK with daily rewards.
→ CME Group says XRP is the fastest contract to cross $1 billion in open interest.
→ Canary files S-1 to launch TRUMP ETF.
→ Publicly traded SharpLink buys 56,533 ETH worth $252 million.
→ Publicly traded Linklogis and XRP Ledger announce strategic partnership.
→ Fidelity buys 18,290.91 ETH worth $81.2 million.
→ BlackRock buys 65,901.69 ETH worth $292.65 million.
→ Donald Trump Jr. invests double-digit millions into Polymarket.
→ METAMASK announces you can now use Google or Apple ID to create a wallet and login with one click.
→ Trump Media to introduce rewards system using Crypto.com wallet and CRO as utility token.
→ Bitwise files S-1 for Chainlink ETF.
→ Crypto enthusiast loses $2.5M hedging XPL allocation with a short on Hyperliquid amid flash pump.
→ Google Cloud's GCUL platform labeled a Layer 1.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
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.
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