Panic Drop Podcast

Tu 23/12 | Daily Crypto & Macro News


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

🚨 Major Headlines & Market Moves 🚨

- Gold price hits new record high of $4497

- Gold up 69% this year.

- Silver reaches new all-time high of $69.

- Platinum rises to highest price in more than 17 years.

- Bitcoin drops below $87k.

- Trump Media buys 451 Bitcoin worth over $40,000,000.

- Pentagon enters agreement with Elon Musk's xAI.

- Japan's 10-year bond yield soars to highest level in 27 years.

- Phantom Wallet rolls out prediction markets to 100% of eligible users, powered by Kalshi.

- Kalshi prediction market now supports deposits and withdrawals for $BNB and $USDT on BNB chain.

- Tesla $TSLA stock hits new all-time high of $498.00.

- Michael Saylor’s ‘Strategy’ increases USD reserve by $748 million and now holds $2.19 billion and 671,268 Bitcoin.

- BlackRock deposits 2,019.39 Bitcoin worth $181.67m into Coinbase.

- Ghana passes law to legalise widespread use of cryptocurrency.

- Pro-Bitcoin and crypto Michael Selig officially sworn in as CFTC Chairman.

- CFTC Chairman says Congress is poised to send digital asset market structure legislation that will cement the U.S. as the Crypto Capital of the World to the President’s desk.

- World's largest asset manager BlackRock calls Bitcoin one of this year's biggest investment themes.

- JPMorgan exploring Bitcoin and crypto trading for institutional clients.

- Bank of America CEO says AI will drive strong economic growth in 2026.

- Netflix's $NFLX odds of closing the Warner Brothers deal falls from 80% to 61% on Polymarket.

- President Trump could choose new Fed Chair by first week of January, with 61% chance of Kevin Hassett.

- Robinhood CEO says that AI, unlike crypto, does not have an army of retail people that defend it.

- Odds of gold/oz hitting $5k before $ETH reaches it by end of June 2026 hit 66% on Polymarket.

- The Fed started cutting rates in Sep 2024 with the 30-year yield below 4%, they've now cut 175 bps and the 30-year is above 4.8%.

- On April 8, the S&P 500 was down over 15% on the year, its 4th worst start to a year ever, but after a 38% rally, it's now up 17% on the year, hitting 37 all-time highs along the way.

- There are now 160k more unemployed persons than job openings in the US, excluding the 2020 covid recession, this is the widest spread we've seen since 2017.

- 30 million US households have mortgage rates below 4%.

- Gas prices in the US have moved down to $2.89 per gallon, their lowest level in over 4 years.

📊 Altcoin Market Updates 📊

- $USDT on Tron recognized as ‘Accepted Fiat-Referenced Token’ in ADGM, enabling FSRA-licensed firms to use it for regulated activities.

- 45 days post-launch, #zkCLOB tops $1m in volume with 400+ traders and 600+ trades.

- Murad’s memecoin investment portfolio drops to $15 million, down from record high of $67 million.

- BlackRock deposits 29,928 Ethereum worth $91.29m into Coinbase.

- Cardano founder and Solana co-founder want to bridge Sol to Ada.

- Hyperliquid team clarifies that an address shorting $HYPE belongs to an ex-employee terminated in Q1 2024.

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 $GOLD $SILVER $SOL

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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.

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Panic Drop PodcastBy Panic Drop - Timothy Assi