Timothy Assi
Happy Monday all! If you missed the past 24 hours in crypto and stocks, here's your full recap: 🚨 Major Headlines & Market Moves 🚨 → Bitcoin briefly hits $88,000. Now trades around $87,000. → $11 billion in short positions to be liquidated if Bitcoin rallies to $101,000. → President Trump says record setting tariff revenues will create unprecedented national wealth. → Treasury Secretary Bessent says the entire economy is not at risk of recession. → U.S. banks now sitting on $395 billion in unrealized losses as of Q2 2025. → Bank of America’s chief investment strategist Michael Hartnett says the Fed needs to cut, and Bitcoin will be first to sniff out coming Fed capitulation. → UK now holds $5.18 billion worth of Bitcoin. → Michael Saylor says “I won’t back down.” → Kalshi prediction market breaks past 17.6 billion cumulative contracts traded, highlighting accelerating growth and rising platform activity. → AI hyperscalers Google, Amazon, Meta, Microsoft, and Oracle have issued more debt over the last 3 months at $88 billion than over the previous 3 years at $66 billion. 📊 Altcoin Market Updates 📊 → PumpFun has cashed out at least $436.5 million USDC since Oct 15, depositing the same amount into Kraken. → Solana announces Mon, the native token of Monad, will list and be available to trade on Solana simultaneously or even before major exchanges. → $SOL ETFs see 19 consecutive days of inflows. → Whale deposits $2 million USDC into Hyperliquid and opens Ethereum long position with 2x leverage. 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 $SPX500 $SOL $HYPE
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