Panic Drop Podcast

We 8/4 | Daily Crypto & Macro News


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Quick note before we get into it: I just opened the waitlist for my new course on trading, automation and AI. Secure your spot now.

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

🚨 Major Headlines & Market Moves 🚨

- The US and Iran have agreed to a two-week ceasefire, with the Strait of Hormuz reopening for safe passage.

- Oil prices have crashed over 15 percent after the ceasefire announcement.

- Bitcoin has surged above $71,000 following the positive geopolitical developments.

- Morgan Stanley will launch its spot Bitcoin ETF tomorrow, becoming the first major bank to do so.

- Over $160 million worth of shorts have been liquidated in the crypto market after the ceasefire news.

πŸ“Š Altcoin Market Updates πŸ“Š

- Stablecoin supply on Ethereum has reached around $180 billion, now accounting for about 60 percent of the total market.

- The FDIC has approved a proposal to implement standards for US stablecoins under the GENIUS Act.

- The CME Group is expanding its regulated crypto suite with the launch of Avalanche and Sui futures.

- Tether's CEO has revealed that the company is developing a decentralized search engine.

If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.

$BTC $ETH $SPY $GOLD $OIL

PS… I now completely automate one wallet and it executes trades while I do literally anything else. Join the waitlist and I will show you how to set up the exact same thing.

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