Panic Drop Podcast

Fr 12/12 | Daily Crypto & Macro News


Listen Later

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

🚨 Major Headlines & Market Moves 🚨

- Do Kwon gets 15 years in prison for $40 billion Terraform fraud.

- Over $2,000,000,000 in leveraged short positions set to be liquidated if $BTC hits $95,000.

- CFTC announces it is withdrawing outdated guidance related to virtual currencies.

- Rivian unveils in-house AI chip, claiming 4x performance vs prior $NVDA system for future vehicles.

- Spot silver hits new all-time high of $63.92 per ounce.

- Silver flips Microsoft to become the world’s 5th largest asset by market cap.

- Odds of $BTC crossing $100K again this year fall to 28%, per traders on Kalshi.

- Disney to make $1,000,000,000 investment into OpenAI.

- Tencent poaches researchers from Tiktok parent company Bytedance as China’s AI race heats up.

- Belarus tightens crypto rules, bans individuals from using foreign exchanges.

- S&P 500 ended the day at a new all-time high, its first since late October and 37th of the year.

- Bitcoin briefly drops below $90,000. Now trades around $92,000.

- $310,000,000 in long positions liquidated from the cryptocurrency market in the past 24 hours.

- Fintech giant Klarna to develop Bitcoin and crypto wallet features within its financial products.

- Charity giant Save the Children launches new Bitcoin fund to maximize the value of every contribution.

- Massmutual’s $100 million Bitcoin investment is now worth over $500,000,000.

- Twenty One places a statue of Satoshi Nakamoto in the New York Stock Exchange.

- Youtube now allows US creators to receive payouts in crypto stablecoins.

- President Trump says the stock market keeps hitting all-time highs because of tariffs.

- SEC approves DTCC plan to tokenize stocks, bonds and treasuries.

- SEC Chair Paul Atkins says US financial markets are moving on-chain.

- President Trump considers eliminating taxes on gambling winnings.

- US trade deficit falls to lowest level since 2020.

- JPMorgan announces it has issued a US commercial paper for Galaxy Digital Holdings on the Solana blockchain.

- Costco Q1 FY26 revenue +8% to $67.3B, EPS $4.50 beat, comparable sales +5.9% in US, digitally-enabled +20.5%.

- Broadcom Q4 FY25 revenue +28% to $18.0B, non-GAAP EPS $1.95 beat, Q1 FY26 guidance AI semi revenue to double year over year to $8.2B, revenue ~$19.1B.

📊 Altcoin Market Updates 📊

- Pineapple launches $SEED, a token built for a new launch standard with structured liquidity, stable-led KOL pushes, ROI-focused marketing, market support, buybacks, treasury growth, and a reinforcing revenue loop.

- ETF clients buy $10.2 million worth of $XRP, bringing total ETF-held net assets to $939.46 million.

- Solana’s $NPC holds official EU-registered design IP with the EUIPO in Alicante, Spain.

- BlackRock clients buy $55.35 million in $ETH.

- Revolut and Trust Wallet partnered to enable instant Bitcoin and crypto purchases in the EU with zero fees and self-custody.

- Coinbase to allow users to trade all Solana tokens through DEX without official listings.

- Spot trading rollout opens DYDX to US-based traders for first time, starting with Solana.

- Blockworks launches investor relations platform with Solana.

- Leading yield asset on Ethereum, PT-SUSDE, is expanding to Solana, powered by Chainlink CCIP.

- Vibhu declares the utility of the Solana-base bridge introduced by Base has been deprecated in a week, now able to buy any Solana token directly on Coinbase, which has 1000x the distribution of Base, and get better pricing and execution directly on Solana.

- Galaxyhq believes Solana is the only blockchain that can house tokenized securities with the speed and efficiency needed.

- Solana co-founder says DEX execution now credibly rivals CEX execution, the beginning of a new era.

- Bhutan launches sovereign gold-backed token on Solana.

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 $SOL $SILVER $ETH $SPX500

PS… Want the complete shortcut to trading altcoins with precision (without wasting months on trial-and-error)?

Click here to grab the Altcoin Profit Toolkit — 8 structured modules + 3 indicators including the Smart Exit Decoder that shows overbought conditions on multiple timeframes, helping you scan, enter, and exit trades like a pro trader.

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]

🟩 Panic Drop Podcast : on your favorite streaming app

www.panicdrop.com



This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit panicdrop.substack.com/subscribe
...more
View all episodesView all episodes
Download on the App Store

Panic Drop PodcastBy Panic Drop - Timothy Assi