Timothy Assi
Happy Friday all! If you missed the past 24 hours in crypto and stocks, here's your full recap: 🚨 Major Headlines & Market Moves 🚨 - Do Kwon gets 15 years in prison for $40 billion Terraform fraud. - Over $2,000,000,000 in leveraged short positions set to be liquidated if $BTC hits $95,000. - CFTC announces it is withdrawing outdated guidance related to virtual currencies. - Rivian unveils in-house AI chip, claiming 4x performance vs prior $NVDA (NVIDIA Corporation) system for future vehicles. - Spot silver hits new all-time high of $63.92 per ounce. - Silver flips Microsoft to become the world’s 5th largest asset by market cap. - Odds of $BTC crossing $100K again this year fall to 28%, per traders on Kalshi. - Disney to make $1,000,000,000 investment into OpenAI. - Tencent poaches researchers from Tiktok parent company Bytedance as China’s AI race heats up. - Belarus tightens crypto rules, bans individuals from using foreign exchanges. - S&P 500 ended the day at a new all-time high, its first since late October and 37th of the year. - Bitcoin briefly drops below $90,000. Now trades around $92,000. - $310,000,000 in long positions liquidated from the cryptocurrency market in the past 24 hours. - Fintech giant Klarna to develop Bitcoin and crypto wallet features within its financial products. - Charity giant Save the Children launches new Bitcoin fund to maximize the value of every contribution. - Massmutual's $100 million Bitcoin investment is now worth over $500,000,000. - Twenty One places a statue of Satoshi Nakamoto in the New York Stock Exchange. - Youtube now allows US creators to receive payouts in crypto stablecoins. - President Trump says the stock market keeps hitting all-time highs because of tariffs. - SEC approves DTCC plan to tokenize stocks, bonds and treasuries. - SEC Chair Paul Atkins says US financial markets are moving on-chain. - President Trump considers eliminating taxes on gambling winnings. - US trade deficit falls to lowest level since 2020. - JPMorgan announces it has issued a US commercial paper for Galaxy Digital Holdings on the Solana blockchain. - Costco Q1 FY26 revenue +8% to $67.3B, EPS $4.50 beat, comparable sales +5.9% in US, digitally-enabled +20.5%. - Broadcom Q4 FY25 revenue +28% to $18.0B, non-GAAP EPS $1.95 beat, Q1 FY26 guidance AI semi revenue to double year over year to $8.2B, revenue ~$19.1B. 📊 Altcoin Market Updates 📊 - Pineapple launches $SEED, a token built for a new launch standard with structured liquidity, stable-led KOL pushes, ROI-focused marketing, market support, buybacks, treasury growth, and a reinforcing revenue loop. - ETF clients buy $10.2 million worth of $XRP, bringing total ETF-held net assets to $939.46 million. - Solana’s $NPC holds official EU-registered design IP with the EUIPO in Alicante, Spain. - BlackRock clients buy $55.35 million in $ETH. - Revolut and Trust Wallet partnered to enable instant Bitcoin and crypto purchases in the EU with zero fees and self-custody. - Coinbase to allow users to trade all Solana tokens through DEX without official listings. - Spot trading rollout opens DYDX to US-based traders for first time, starting with Solana. - Blockworks launches investor relations platform with Solana. - Leading yield asset on Ethereum, PT-SUSDE, is expanding to Solana, powered by Chainlink CCIP. - Vibhu declares the utility of the Solana-base bridge introduced by Base has been deprecated in a week, now able to buy any Solana token directly on Coinbase, which has 1000x the distribution of Base, and get better pricing and execution directly on Solana. - Galaxyhq believes Solana is the only blockchain that can house tokenized securities with the speed and efficiency needed. - Solana co-founder says DEX execution now credibly rivals CEX execution, the beginning of a new era. - Bhutan launches sovereign gold-backed token on 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 $SOL $SILVER $ETH $SPX500
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