Happy Wednesday all! I had to change platform to create a podcast because I used all credits. Today’s podcast will have a different voice style.
(I prefer the previous one and will try to improve it)
If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Michael Saylor’s ‘Strategy’ buys 21,021 BTC worth $2.47 billion.
→ BlackRock buys 1,250 BTC worth $148.1 million.
→ SEC approves in-kind creation and redemptions for all spot Bitcoin ETFs.
→ Coinbase CEO Brian Armstrong says "Bitcoin is probably the best form of money ever created."
→ Twenty One Capital CEO says Bitcoin's price is going higher because of its scarcity and the huge amount of buying demand right now.
→ BlackRock says Bitcoin is having a great year as the US becomes "the crypto capital of the world."
→ Senator Cynthia Lummis introduces bill to require the Federal National Mortgage Association to allow Americans to use Bitcoin & crypto to get mortgages.
→ Jack Mallers Twenty One expects to add 5,800 Bitcoin before planned listing. Total holdings to 43,500 BTC.
→ Publicly traded ZOOZ announces Private Placement of $180 million to launch a Bitcoin Treasury.
→ White House Digital Assets Report to be publicly released tomorrow.
→ AED 88.3 billion RAKBANK to offer Bitcoin and crypto services to their retail customers.
→ SEC officially allows crypto ETFs to create and redeem shares using Bitcoin and Ethereum directly, instead of cash.
→ BlackRock predicts the Federal Reserve will not lower interest rates today.
→ US and China officially agree to extend 90-day tariff pause.
→ United States collected $28 billion in tariff revenue in July, the highest monthly total this year.
→ EU to buy €40,000,000,000 in AI chips under new trade deal with the U.S.
→ 90% of global finance leaders say blockchain will significantly impact finance within three years, Ripple reports.
→ Kraken looking to IPO at $15 billion valuation and raise $500 million.
→ Coinbase adds Samsung Pay for crypto purchases in the U.S. and Canada.
📊 Altcoin Market Updates 📊
→ BTCS Inc. to raise up to $2,000,000,000 to buy more ETH.
→ Linea set to become first Layer 2 to burn ETH at protocol level, with 20% of net fees directed toward reducing overall supply.
→ 180 Life Sciences to raise $425,000,000, load up on ETH for its treasury and rebrand to "ETHZilla."
→ eToro to launch tokenized U.S. stocks on Ethereum.
→ TokenFi $TOKEN & Queens Park Rangers F.C. strike historic deal to introduce blockchain tokenization to professional football.
→ BitMine Immersion buys another 58,224 ETH worth $224.3 million.
→ BlackRock says new U.S. stablecoin regulations may strengthen the dollar.
→ Ethereum’s first autonomous treasury protocol, ETH Strategy, raises 12,342 ETH ($47.8 million) in pre-launch round.
→ BlackRock buys 34,095.49 ETH worth $132 million.
→ SEC acknowledges BlackRock filing to allow staking for its spot Ethereum ETF.
→ Standard Chartered Bank says Ethereum treasury companies could buy 10% of all ETH.
→ BlackRock says crypto stablecoins are a "payment method in the future of finance."
→ Base-based Zora created more tokens than Solana-based token launchpads for 6 consecutive days.
→ Zora monthly revenue surpasses $2M.
→ Pumpfun daily revenue below $300K for the first time since September 2024.
→ Someone swept 6 Cryptopunks for over $1.3M.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
Connect with me on:
🟦 Linkedin: Timothy Assi
🟪 Instagram: @panic_drop
⬛ X: @timoassi
📧 timothy@panicdrop.com
www.panicdrop.com
