Panic Drop Podcast

5/1 | Daily Crypto & Macro News


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

🚨 Major Headlines & Market Moves 🚨

- Bitcoin briefly trades above $93,000.

- Michael Saylor hints at buying more Bitcoin.

- Over $166 million worth of crypto short positions liquidated in the past 24 hours.

- CMC crypto fear and greed index neutral for the first time since October.

- The S&P 500 is now trading at 3.3x sales, its highest valuation in history.

- The S&P 500's P/E ratio moved up to 26 in 2025, 31% higher than the historical average since 1989.

- Silver price rises above $75 per ounce, up over 5% from Friday’s low.

- Bank of Japan Governor Ueda Kazuo signals continued rate hikes if economic and price forecasts hold.

- Maduro to appear in Manhattan Federal Court at noon ET on Monday.

- Trump says Venezuelan Vice President Delcy Rodriguez will pay a bigger price than Maduro if she doesn’t do what’s right.

- Secretary of State Marco Rubio says expect royalties for Venezuelan people from oil industry.

- China, Venezuela’s largest oil buyer, urges U.S. to immediately release President Nicolás Maduro and his wife.

- Edmundo González has the highest chance of leading Venezuela at the end of 2026, per traders on Kalshi.

- Elon Musk’s Starlink is now providing free internet access in Venezuela, available until February 3, 2026.

- North Korea says U.S. strikes on Venezuela are the most dangerous form of encroachment on sovereignty.

- Venezuela currently holds 161 metric tons of gold reserves, making it the Latin American country with the largest holdings.

- President Trump says US companies are going into Venezuela and taking the oil out of the ground.

- President Trump says US needs total access to oil and other things in Venezuela.

- President Trump threatens to raise tariffs on India if they don't stop buying Russian oil.

- Crude oil prices fall following US capture of Nicolás Maduro.

📊 Altcoin Market Updates 📊

- Ethereum briefly reclaims $3,200.

- $XRP surpasses $126,000,000,000 market cap.

- $PURK on Solana price rallies 36% in the past 24 hours, after recently hitting new all-time high of $0.00163.

- QPAY launches on Solana, introducing the world’s first on-chain identity hashtag layer.

- Solana co-founder says protocols should actually stash the cash for a future buyback, this would force all the unlocks to trade at the future expected post buyback price.

- Solana co-founder says only communists hate BONK.

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 $ETH $SPX500 $GOLD $SILVER

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Written by Timothy Assi, an Elite Popular Investor on eToro.

Not investment advice. eToro is a multi-asset investment platform. Your capital is at risk. For information and educational purposes only.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Connect with me on:

🟦 Linkedin: Timothy Assi

🟪 Instagram: @panic_drop

⬛ X: @timoassi

📧 [email protected]

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Panic Drop PodcastBy Panic Drop - Timothy Assi