Happy Wednesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Bitcoin blasts past $93,000. Now trades around $93,600.
→ $180,000,000,000 added to the crypto market cap.
→ Over $10,000,000,000 in short positions will be liquidated when Bitcoin price hits $100,000.
→ Total spot Bitcoin ETF volume surpasses $5.1 billion.
→ Strategy's CEO says company is not highly levered.
→ President Trump says there will be no income tax at some point in the not-too-distant future.
→ President Trump calls Fed Chair Jerome Powell incompetent and a real dope.
→ President Trump calls for the Federal Reserve to cut interest rates next week.
→ Bank of America officially recommends clients put up to 4% of their portfolio in Bitcoin and crypto.
→ BlackRock CEO Larry Fink says tokenization today is roughly where the internet was in 1996.
→ Amazon launches new AI chip to rival Nvidia and Google, stating it's more cost-efficient.
→ China’s DeepSeek challenges Google DeepMind with new AI model.
→ Kalshi prediction market raises $1 billion at $11 billion valuation.
→ Bank of Russia confirms it’s discussing easing cryptocurrency regulations.
→ Odds of President Trump announcing his new Fed Chair this year surge to 82%, per traders on Kalshi.
→ President Trump introduces former Coinbase advisor Kevin Hassett as next potential Fed Chair.
→ $4 billion Twenty One Capital CEO Jack Mallers says buy every dip, the US can’t afford falling asset prices, they have to print.
→ Chances for a Fed rate cut next week spiked to 91%, according to Polymarket.
→ SEC Chair Paul Atkins says innovation exemption for crypto firms is coming in a month or so.
→ Grayscale Research said Bitcoin could set new all-time highs in 2026, unlikely to follow the four-year cycle.
→ $11 trillion Vanguard lists BlackRock, Fidelity, VanEck, and other Bitcoin ETFs on its website for clients to trade.
→ Saudi Public Investment Fund set to acquire 93% stake in Electronic Arts following takeover.
→ Nvidia and AWS deepen partnership with new cloud, interconnect, open-model, and physical-AI integrations.
→ Kalshi co-founder Luana Lopes Lara becomes the youngest self-made female billionaire in history, surpassing Taylor Swift and Lucy Guo.
→ Tesla releases new video of their Optimus humanoid robot showing off its new running capabilities.
→ Assets in money market funds have crossed above $8 trillion for the first time.
→ CrowdStrike Q3 FY26: ARR +23% year-over-year to $4.92 billion, net new ARR $265 million, revenue +22% to $1.23 billion.
📊 Altcoin Market Updates 📊
→ XRP reclaims $130,000,000,000 market cap.
→ The most-viewed coins on CoinMarketCap over the past 24 hours are AIC, PHNIX, SIREN, BTC, and TAC, with PHNIX leading gains at +9%.
→ AAVE set to launch on Mantle, extending its lending protocol to the network’s 70 million-plus users.
→ ETF clients buy $89.65 million worth of XRP, bringing total ETF-held net assets to $723.05 million.
→ EDEL price rallies nearly 50% as team announces testnet is only days away.
→ Ethereum reclaims $3,000.
→ ZEC down over 40% in the past week.
→ Coinbase to list Solana-based JUP.
→ Group of 10 European banks, including ING, Unicredit, and BNP Paribas, have formed a company to launch a euro-pegged stablecoin in the second half of 2026.
→ Kraken to acquire Backed, accelerating xStocks expansion and unlocking global demand for tokenized equities.
→ Metamask introduces Transaction Shield, an extension of Metamask’s security stack, subscribers guaranteed against loss up to $10,000 per month for any transaction deemed safe.
→ Uniswap Labs announces Revolut onramping partnership.
→ Ethena Labs announces USDE is now an available quote asset on both Hyperliquid spot and HIP-3 perpetual markets.
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 $SOL $XRP $HYPE
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
