Panic Drop Podcast

Daily Crypto & Macro News - Sa 23/08/2025


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

🚨 Major Headlines & Market Moves 🚨

β†’ Fed Chair Powell suggests current conditions 'may warrant' interest rate cuts

β†’ Bitcoin briefly reclaims $117,000, now trades at $115,200

β†’ Bitcoin has reached 2% of all global money

β†’ Philippines House introduces bill to establish strategic Bitcoin reserve

β†’ CFTC launches next phase of 'Crypto Sprint' initiative based on Trump's crypto roadmap

β†’ $250,000,000,000 added to the crypto market cap in the past 24 hours

β†’ Global cryptocurrency market cap surpasses $4 trillion

β†’ Over $1 trillion added to the US stock market today

β†’ US Government now officially owns 10% stake in Intel

β†’ Canada to remove retaliatory tariffs on many US products

β†’ The Dow closed at an all-time high today and history was made with 13 straight years with at least 1 all-time high

πŸ“Š Altcoin Market Updates πŸ“Š

β†’ $DOGE overtakes Circle Internet Group in market capitalization

β†’ Spot $XRP ETF S-1 amendments filed by Canary, CoinShares, Franklin, 21Shares, WisdomTree & Bitwise

β†’ Grayscale files S-1 for $XRP ETF

β†’ $XRP reclaims $3.00

β†’ $ETH reached a new all-time high of $4,880

β†’ $258,000,000 worth of $ETH shorts liquidated in the past hours

β†’ $ETH market cap up $65,000,000,000, set for second largest daily increase ever

β†’ BlackRock buys 53,893.18 $ETH worth $231.2 million

β†’ 88% chance $ETH reaches $5,000 in 2025, according to Polymarket

β†’ $BNB reaches new all-time high of $900

β†’ $BNB trading now live on RAKBANK, one of the UAE’s largest banks

β†’ Ripple partners with SBI Holdings to roll out $RLUSD stablecoin in Japan by Q1 2026

β†’ $SOL surpasses $200

β†’ VanEck files S-1 for JITOSOL ETF

β†’ EU accelerates plans for digital euro stablecoin with potential rollout on Ethereum or Solana blockchain

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

Thanks for reading.

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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.

Connect with me on:

🟦 Linkedin: Timothy Assi

πŸŸͺ Instagram: @panic_drop

⬛ X: @timoassi

πŸ“§ [email protected]

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Panic Drop PodcastBy Panic Drop - Timothy Assi