Happy Sunday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- President Trump stated that a peace deal with Iran is scheduled to be signed tomorrow, with the Strait of Hormuz set to open to all immediately after the agreement.
- Iran denied claims of an imminent deal signing and stated no agreement would be signed on Sunday, while Pakistan indicated an electronic signing ceremony could occur soon and expressed optimism about lasting peace.
- Betting odds for a US-Iran nuclear deal before November rose to 60 percent on prediction markets.
- SpaceX
$SPCX beat Nvidia's record for the largest single-day market cap increase after its IPO, adding over 350 billion dollars.
- Google's reported 900 million dollar investment in SpaceX has grown to 100 billion dollars.
- Michael Saylor commented on SpaceX going public, noting that 25 percent of the Mag8 now holds Bitcoin on its balance sheet.
- The US government issued an export control directive to Anthropic, suspending foreign access to its Mythos Fable 5 AI model for national security reasons, leading to a worldwide disablement of access.
📊 Altcoin Market Updates 📊
- Tokenized SpaceX
$SPCX on Solana, issued by Backpack, surpassed 50 million dollars in on-chain volume within its first 24 hours and led tokenized stock volumes, with strong liquidity and open interest on platforms like Hyperliquid.
- Bittensor
$TAO rose over 13 percent following the US government action on Anthropic's AI models, with comments highlighting the importance of decentralized AI approaches.
- MetaMask reported a disruption to connectivity on multiple networks and stated its team is working to resolve the issue.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
$BTC $ETH $SOL $NVDA $SPY