Panic Drop Podcast

We 11/2 | Daily Crypto & Macro News


Listen Later

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

🚨 Major Headlines & Market Moves 🚨

- U.S. credit card debt hits a record $1.28 trillion.

- U.S. hiring rate falls to 3.3%, matching recession levels last seen in 2020.

- President Trump says the U.S. should have the lowest interest rates in the world and that the economy could grow 15% or 20%.

- The U.S. dollar extends losses against the Japanese yen.

- Türkiye imports a record 8.79 million ounces of silver in a single month.

- Goldman Sachs discloses $2.36 billion in crypto holdings, including $1.1 billion in Bitcoin, $1 billion in ETH, $153 million in XRP, and $108 million in SOL.

- Michael Saylor confirms MicroStrategy will keep buying Bitcoin every quarter and has no plans to sell.

- Treasury Secretary Scott Bessent urges Congress to pass crypto market structure legislation this spring.

- Sam Bankman-Fried files for a retrial in the FTX fraud case.

- The European Union proposes banning all crypto transactions with Russia to stop sanctions evasion.

📊 Altcoin Market Updates 📊

- Robinhood’s Ethereum Layer-2 network enters public testnet phase.

- Citadel and ARK Invest back LayerZero’s new blockchain launch, with new partnerships including Google Cloud and DTCC.

- Ghost announces private token transfer feature GhostSend launching this week on Solana.

- Solana Foundation president says Solana is the only L1 with a real shot at becoming peer-to-peer electronic cash.

- Crypto.com CEO reveals he was offered over $500 million for the ai.com domain after buying it for $70 million.

- Anatoly Yakovenko publicly roasts LayerZero’s parallel execution claims.

- BlackRock deposits another 30,216 ETH worth $60.8 million to Coinbase.

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 $SPY

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