Happy Wednesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- Traders on Kalshi price a 73% chance that Mojtaba Khamenei will succeed as Iran’s next Supreme Leader.
- Dubai Financial Market and Nasdaq Dubai will resume trading tomorrow.
- IAEA’s Grossi says no evidence that Iran is building a nuclear bomb.
- President Trump says oil prices could drop lower than before once war is over.
- President Trump ends all trade with Spain for refusing to allow US military to use its bases; Spanish government responds that the US must comply with international law and EU-US trade agreements.
- You can now trade real-time price moves of Rolex, Omega, Cartier, Tudor watches, and more on Kalshi prediction market.
- President Trump says Iran’s missile capabilities are being decimated and the country is running out of launchers.
- UAE reports intercepting 11 ballistic missiles and 123 drones today; one missile impacted with no casualties.
- President Trump orders US Navy to escort oil tankers through the Strait of Hormuz if necessary.
- South Korean stock market halted after 8% crash, triggering circuit breaker.
- US bond market has been in a drawdown for 67 months, the longest in history.
- President Trump urges Congress to pass crypto market structure legislation ASAP, warning it could go to China if banks undermine it, and states banks won't be allowed to sabotage the agenda.
- CFTC Chair says crypto market structure legislation must pass.
- Indiana Governor signs bill allowing Bitcoin in state retirement plans.
- Paraguay signs memorandum to explore Bitcoin mining as a national opportunity, using excess electricity.
- Eric Trump's American Bitcoin purchased 11,298 more BTC miners to protect the network.
- CFTC Chief to clear path for U.S. perpetual futures in coming weeks.
- CrowdStrike reports ARR up 24% to $5.25B, revenue up 23% to $1.3B.
📊 Altcoin Market Updates 📊
- A wallet holding over $1 million has accumulated $DICAPRIO tokens.
- Visa and Stripe plan global expansion of stablecoin card issuance to over 100 countries.
- Ondo Finance tokenized stocks platform wins regulatory approval in Abu Dhabi.
- Binance launches AI agent skills.
- Marc Zeller’s ACI to leave Aave in July amid governance tensions.
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 $GOLD $SILVER $SPY $QQQ
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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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