Hello everyone! If you missed the past 24 hours in crypto and stocks, here's your full recap:
π¨ Major Headlines & Market Moves π¨
β BlackRock clients sell 2,610 Bitcoin worth $257.18 million.
β Bitcoin falls under $97,000.
β Bitcoin drops to lowest level since May.
β The October US Inflation Report was not released this yesterday due to the government shutdown. It was expected to show a rise in Overall CPI to 3.1%, the highest level in 17 months.
β Luxembourgβs Minister of Finance on investing in Bitcoin: "As Michael Saylor once said, there is no second best." "We're in it for the long haul. Luxembourg HODLs."
β Tyler Winklevoss predicts Bitcoin will become the global reserve currency and hit $1,000,000 per BTC.
β $15 billion Bitwise Director shows that a 5% capital rotation from gold to Bitcoin could send BTC to $242,391.
β Czech National Bank just purchased $1 million worth of Bitcoin and crypto for the first time in its history.
β Jack Dorseyβs Cash App just announced to launch instant Bitcoin payments for its 58 million active users.
β The State of Alderney is exploring Bitcoin mining with renewable energy.
β Michael Saylor says Bitcoin will surpass Gold's market cap by 2035.
β Goldman Sachs says U.S. stocks will lag behind the rest of the world over the next decade.
β President Trump signs bill officially ending the US government shutdown.
β The Interest Expense on US National Debt rose to a record $1.24 trillion in the last 12 months, more than doubling over the past 4 years. The US Government now spends more money on interest than it does on National Defense.
β The S&P 500 fell 1.7% yesterday, the 26th daily decline in 2025 with a loss >1%. This is not at all unusual - the average year since 1928 has 29 large declines.
β πΊπΈ Odds the House passes bill to release the Epstein files surges to 87%, per traders on Kalshi.
β Chance U.S. Federal Reserve does not change rates in December rises to 43% on Polymarket.
β Binance founder CZ to debate gold advocate Peter Schiff at Binance Blockchain Week in Dubai, taking place December 3β4.
β Elon Musk announces "π just rolled out an entire new communications stack with encrypted messages, audio/video calls and file transfer" - "π money comes out soon".
β UFC announces exclusive partnership with crypto prediction platform Polymarket.
β Muskβs XAI raises $15 billion in latest funding round.
π Altcoin Market Updates π
β Canary Capital clients buy $245 million worth of $XRP.
β BlackRock clients sell $91.09 million worth of $ETH.
β Wallet holding over $424K in $SOL seen accumulating $ELF, now totaling 16.6M coins valued at $16.21K.
β First Spot $XRP ETF begins trading in the U.S.
β π¨πΏ Czech National Bank (CNB) has announces establishment of pilot digital asset portfolio totaling $1 million, comprising $BTC, a USD stablecoin and a tokenized deposit.
β π―π΅ SBI Group to invest $200,000,000 into Evernorth, the largest public $XRP treasury company.
β Cash App to enable Solana-powered USDC payments in early 2026.
β Polygon foundation CEO says "Japanese stablecoin JPYC is going crazy on Polygon. 20-100X faster growth than Avalanche or Ethereum".
β Odds of $SOL hitting ATH before 2026 drop to 6% on Polymarket.
β Website for first 1933 Act spot $XRP ETF is now live.
If you enjoyed this daily roundup, make sure to follow me β 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 $SPX500 $GOLD $XRP
Thanks for reading!
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 β 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:
π¦ Linkedin: Timothy Assi
πͺ Instagram: @panic_drop
β¬ X: @timoassi
π§ timothy@panicdrop.com
π© Panic Drop Podcast : on your favorite streaming app