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Gm degens! If you missed the past 24 hours in crypto and stocks, here's your full recap: ๐จ Major Headlines & Market Moves ๐จ โ US stock market closed at a new all-time high, with the S&P 500 and Nasdaq capping a strong Q2 finish. โ Michael Saylorโs MicroStrategy added 4,980 BTC to its holdings, investing $531 million as Bitcoin hovers near $107K. โ Robinhood ($HOOD) to launch tokenized stock trading in Europe, aiming to expand its fintech dominance globally. โ US Treasury Secretary Bessent confirms they're working on selecting a new Fed Chair to replace Jerome Powell in the coming weeks. โ US & India expected to announce a major new trade deal "very soon", boosting global sentiment and market optimism.
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๐ Altcoin Market Updates ๐ โ Robinhood launches ETH and SOL staking, offering more DeFi-like services to its crypto users. โ Stablecoin legislation in the US could be finalized by mid-July, says Treasury Secretary Bessent โ a key regulatory milestone. โ Coinbase loses appeal: The Supreme Court rejects Coinbase's request to block the IRS from accessing user data, increasing regulatory heat. โ Germanyโs largest banking group Sparkassen plans to roll out crypto trading services by 2026, signaling broader European adoption. โ Hashflow (HFT) surged 77%, topping gainer lists after retail hype from influencer-driven penny crypto reports. โ APF Coin (APFC) dropped nearly 40%, facing liquidity issues after earlier exchange delistings. If you enjoyed this daily roundup, make sure to follow me โ I'll see you tomorrow.
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