Panic Drop Podcast

Daily Crypto & Macro News - Tu 5/08/2025


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

🚨 Major Headlines & Market Moves 🚨

→ Bitcoin briefly reclaims $115,000 and now trades around $114,400.

→ Bitcoin mining difficulty hits new all-time high.

→ Metaplanet buys another 463 Bitcoin worth $53 million. They now hold 17,595 $BTC worth $2 billion.

→ BlackRock’s Bitcoin ETF $IBIT is now the 2nd best ETF in monthly flows.

→ CFTC launches initiative to enable spot crypto trading on federally registered exchanges.

→ CFTC starts new ‘Sprint’ initiative to advance Trump’s crypto regulatory roadmap.

→ Goldman Sachs expects the FOMC to deliver three consecutive 25bp cuts starting in September.

→ President Trump to announce new Fed governor and BLS chief this week.

→ White House prepares executive order to fine banks that discriminate against crypto companies & conservatives.

→ President Trump says he will be substantially raising the tariff paid by India to the USA.

→ President Trump says anti-crypto Elizabeth Warren is a "LOSER."

→ Hong Kong ETFs in China experience record inflows due to dip buying spree.

→ $1.1 trillion added to the US stock market today.

→ Tesla approves 96,000,000 $TSLA share award to Elon Musk.

📊 Altcoin Market Updates 📊

→ Ethereum briefly reclaims $3,700 and now trades around ,$3,600.

→ Publicly traded ‘The Ether Machine’ buys another 10,605 $ETH worth $38.7 million.

→ Publicly traded Bitmine Immersion buys another 208,137 $ETH worth $757.5 million.

→ Publicly traded SharpLink Gaming buys another 18,680 $ETH worth $66.63 million.

→ Publicly traded GameSquare buys another 2,717 $ETH worth $9.68 million.

→ $MOTION rallies over 100% in the past 24 hours, following release of Binance article.

→ Solana Foundation head of comms Arielle Pennington is stepping away.

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

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🟪 Instagram: @panic_drop

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Panic Drop PodcastBy Panic Drop - Timothy Assi