Degen

Happy Sunday degens! If you missed the past 24 hours in crypto and stocks, here's your full recap:

🚨 Major Headlines & Market Moves 🚨

→ Fed Chair Jerome Powell "is not denying" reports that he is considering resigning.

→ UK Chancellor Rachel Reeves may sell £5 Billion in seized Bitcoin to close fiscal gap — 61,000 BTC tied to Chinese Ponzi scheme.

→ BlackRock bought $2.5 BILLION worth of Bitcoin for its spot Bitcoin ETF this week.

→ SEC Chair Paul Atkins says passing the GENIUS Act is “an important step forward for the markets and innovators”.

→ Bitcoin, Stablecoins and America's Debt Endgame podcast discusses US Debt Crisis, GENIUS Act, CBDCs, and why stablecoins might not stave off fiscal reckoning.

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📊 Altcoin Market Updates 📊

→ Moondoge price surges 75% in the past 24 hours, surpasses 7,500 holders.

→ Strategic ETH Reserve hits $6.25 billion with participation from 55 entities.

→ Coinbase CEO Brian Armstrong says every Fortune 500 company will adopt crypto stablecoins.

→ BlackRock buys 113,586.03 ETH worth $406 million.

→ Pudgy Penguins PENGU spotted in Malaysia.

If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.