@Visa has launched stablecoin settlement in the U.S. using $USDC on the Solana network, enabling faster daily transaction settlements for banks and fintechs, enhancing treasury efficiency. Initial participants include Cross River Bank and Lead Bank. #Update #Crypto $USDC
Billionaire Ray Dalio warns that the market is in a bubble, citing early warning signs and cracks in private equity and venture capital. He emphasizes the need to monitor for tightening monetary policy as a potential trigger. #Update #Crypto $BTC
Crypto analyst Michaël Van De Poppe claims gold is overvalued against Bitcoin ($BTC), noting the RSI indicates a potential rotation with BTC historically bottoming when RSI dips below 30. Current price: $85,583. #Update #Crypto $BTC (-5) ↘
Tether’s $USDT stablecoin has been approved for broad use in Abu Dhabi’s ADGM, enabling licensed firms to utilize it across multiple blockchains, enhancing financial inclusion and innovation. #Update #Crypto $USDT
Billionaire Warren Buffett’s Berkshire Hathaway sold 41.8M shares of Apple for $9.6B and 37.2M shares of Bank of America for $1.8B, continuing a sell-off trend while preparing to “go quiet.” #Update #Crypto $AAPL (-8) ↘
Market analyst Benjamin Cowen states Ethereum’s (ETH) potential gains depend on Bitcoin (BTC) maintaining its position above the 50-week moving average; BTC currently trades at $98,653, below this key level. #Update #Crypto $ETH (-8) ↘
@MetaMask adds native support for $BTC, enabling users to trade and manage Bitcoin alongside other assets in its wallet. Users can now buy and swap BTC with local currencies. #Update #Crypto $BTC
@CFTC announces a pilot program allowing Bitcoin ($BTC), Ethereum ($ETH), and USD Coin ($USDC) as collateral in US derivatives markets, enhancing regulatory clarity and customer protection #Update #Legal $BTC
@Wedbush’s Dan Ives predicts significant upside for $AAPL, targeting $350 amid AI monetization, while also noting $MSFT could see 30-40% gains from AI services. #Update #Tech $AAPL (+5) ↗
@PNCBank becomes the first major US bank to allow customers to buy, hold, and sell $BTC directly through its platform, enhancing access for high-net-worth clients using Coinbase’s infrastructure. #Update #Crypto $BTC
@CMEGroup has launched spot-quoted futures for $XRP and $SOL, responding to increased trader demand. These contracts offer flexibility for long-term positions and are designed for everyday traders. #Update #Crypto $SOL
Fundstrat’s Tom Lee predicts Ethereum ($ETH) will bottom this week, citing historical trends and current asset ratios. ETH is currently valued at $2,999, down 16% in the past week. #Update #Crypto $ETH (-8) ↘
Fundstrat’s Tom Lee asserts that market dynamics favor long-term bullishness for crypto, citing only four million Bitcoin wallets with $10,000 compared to 900 million global IRA accounts. BitMine Immersion added 102,259 Ethereum to its holdings. #Update #Crypto $ETH
Fundstrat’s Tom Lee expresses reduced optimism for 2026, predicting potential bear market conditions, while forecasting the S&P 500 to reach 7,700 by year-end 2024. #Update #Crypto $SPY
