Happy Friday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
Happy Friday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- President Trump says 22 Iranian navy vessels have been destroyed and that Iran's navy is gone.
- New wave of missiles fired towards Israel.
- Kuwait cuts oil processing at its refineries as Strait of Hormuz is blocked.
- Iran says it’s ready for U.S. ground invasion.
- Iran denies closing Strait of Hormuz.
- UK sending 4 more Typhoon jets to Qatar, PM Keir Starmer says, warning the conflict could last some time.
- Brent crude oil price surges to $85, up 20% in the past 6 days.
- LNG shipping rates surge from $40,000 to $300,000 per day as US-Israeli war with Iran disrupts global energy markets.
- China orders its largest oil refiners to suspend diesel and gas exports as war in Iran escalates.
- South Korean stock market rises over 12%, on track for best day in history.
- Costco Q2 FY26: Revenue +9% to $69.6B, EPS $4.58, comparable sales +6.7%, digitally-enabled +21.7%.
- CFTC Chair met with Senator Lummis to discuss the Bitcoin and crypto market structure bill.
- US Senator Cynthia Lummis says lawmakers are trying to figure out how you can use Bitcoin as a means of exchange without paying capital gains tax.
- Odds of Bitcoin pumping to $75,000 this month rise to 69% on Polymarket.
- FBI Director Kash Patel announces they arrested a government contractor who stole more than $46 million in crypto from the U.S Marshals Service.
- New York Stock Exchange parent company ICE invests in crypto exchange OKX at a $25 billion valuation.
- SEC Chair Paul Atkins says US needs clear rules for digital asset markets.
- More crypto firms likely to get Fed master accounts and banks lack power to block approvals, per TD Cowen.
- Crypto-friendly fintech giant Revolut files for U.S. banking license.
- Google warns of crypto scams using new and powerful iPhone exploit kit.
📊 Altcoin Market Updates 📊
- Ethereum forecasted to hit $2.35K in March, per traders on Kalshi.
- $SHITCOIN token rallies as $FARTCOIN whale with $1M holding begins accumulating.
- $SHITCOIN moves after securing official handles on X and Telegram; some are comparing it to Fartcoin.
- SEC ends case against Tron Founder and crypto billionaire Justin Sun.
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 $SPY $QQQ $OIL
PS… Want the complete shortcut to trading altcoins with precision (without wasting months on trial-and-error)?
Clere 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
📧 timothy@panicdrop.com
🟩 Panic Drop Podcast : on your favorite streaming app
