Panic Drop Podcast

We 7/1 | Daily Crypto & Macro News


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

🚨 Major Headlines & Market Moves 🚨

- BlackRock clients buy $231.89 million in Bitcoin.

- Kalshi prediction market crosses $100 billion in annualized volume.

- Morgan Stanley files S-1 registration with SEC for Bitcoin Trust.

- Silver price rises back above $78 per ounce, closes in on new all-time high.

- Gold price briefly rises to $4,500 per ounce.

- MSCI decides to not exclude Michael Saylor's Strategy and other Bitcoin treasury companies from its indexes.

- Senator Tim Scott says Senate Banking Committee will vote on crypto market structure legislation markup next Thursday.

- Luxembourg's Minister of Finance Gilles Roth says Bitcoin is the future of finance.

- Spot Bitcoin ETFs bought $697 million worth of Bitcoin yesterday, the largest since early October.

- Bitwise says institutions are warming up to crypto.

- President Trump says US markets just hit another all time high - all of them.

- S&P 500 closes at new all-time high of 6,944.

- The Dow closed at an all-time high.

- Average gas price in US falls to $2.81, the lowest level in five years.

- President Trump says Venezuela will be turning over between 30 and 50 million barrels of high quality, sanctioned oil to the US.

- Venezuelan officials in talks to export oil to US.

- 77% chance the Supreme Court rules President Trump's tariffs are illegal on Friday.

- Supreme Court may force President Trump to refund over $133 billion in tariff revenue.

- $250 billion added to the cryptocurrency market cap so far in 2026.

- xAI raises $20 billion Series E.

- AMD CEO Dr. Lisa Su expects over 5 billion daily active AI users in the next five years.

- AMD Data Center at CES: introduces Helios AI Rack, MI455X 10x performance vs. MI355X, MI500 coming in 2027 with a massive leap.

πŸ“Š Altcoin Market Updates πŸ“Š

- BlackRock clients buy $197.7 million in Ethereum.

- ETF clients buy $46.1 million worth of XRP, bringing total ETF-held net assets to $1.65 billion.

- CNBC says XRP is the hottest crypto trade of this year.

- Solana stablecoin supply increased by over $900 million in the past 24 hours.

- Morgan Stanley Solana Trust S-1 filed with SEC.

- Coinbase announces it will be removing the ETH-DAI, FLOW-USDT, MANA-ETH order books.

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 $SILVER $GOLD $SPX500

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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.

Connect with me on:

🟦 Linkedin: Timothy Assi

πŸŸͺ Instagram: @panic_drop

⬛ X: @timoassi

πŸ“§ [email protected]

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Panic Drop PodcastBy Panic Drop - Timothy Assi