Happy Sunday all!
If you missed the past 24 hours in crypto and stocks, here’s your full recap:
🚨 Major Headlines & Market Moves 🚨
- Fidelity’s Head of Global Macro says Bitcoin may be entering a new 4 year cycle bull market based on its power law patterns, adding that bull markets rarely start with a narrative.
- The Bitcoin Fear & Greed Index is holding at 55, in “Greed” territory.
- Over the last 10 years NVDA is up 13,127% and BTC is up 12,645%, ahead of AMD at 7,733%, TSLA at 2,607% and SPY at 319%.
- Apple is sitting at its all time high, while the S&P 500 is 2% below its peak, Microsoft 4%, Meta 11%, Nvidia 12%, Amazon 13% and Bitcoin 36%.
- Google’s Willow breakthrough cuts quantum computing errors by 40x, putting more focus on the quantum threat to Satoshi era Bitcoin.
- Japanese investors sold a net ¥4.5 trillion ($28B) of long term US government bonds in H1 2026, their first half year net sale since 2022.
- Canada is on track to become the third largest holder of US government debt, passing China.
- Global inflation rates are rising again, while the Fed, ECB, BOJ and BOE remain behind the curve and more rate hikes could follow.
- Commodities over the past year: heating oil up 127%, Brent crude up 80%, gasoline up 79% and WTI up 77%, while gold is down 4% and coffee down 23%.
- US home sellers now outnumber buyers by over 580K (63%), the largest gap on record in data going back to 2013.
- American boomers over 75 now hold 15 times the median household wealth of Gen Z and Millennials.
- Massive earnings week ahead: NFLX, GM and UAL on Tuesday, META, TSLA, LRCX, TXN, SAP and IBM on Wednesday, and SPOT, PG, LMT and CMCSA on Thursday, with GE Aerospace and American Express also reporting.
- Elon Musk says the new Tesla Roadster “will be sentient” and can perform its tricks autonomously.
- Ledger’s CEO dismissed hardware implant security warnings from the former Mt. Gox CEO, pointing to his Mt. Gox past.
📊 Altcoin Market Updates 📊
- The Bank for International Settlements finds that stablecoins directly compete with traditional bank deposits.
- Less than 10% of the global population is invested in crypto.
- ETH sits 52% below its all time high and DOGE 90% below.
- Yuga Labs launches Mudwater, physical Bored Ape trading cards where every card is backed by a Solana NFT twin, with 120 BAYC art pieces across 10,000 boxes.
- The HACHI developer launches CAT while still running Hachi, after HACHI hit a $32M market cap following a Shiba Inu partnership.
If you enjoyed this daily roundup, make sure to follow me, I’ll see you tomorrow!
$BTC $SPY $QQQ $OIL
Looking to profit from altcoins? Here’s a FREE 5-day email course!
Get instant access here: https://panicdrop.kit.com/5dayaltcoincourse
Avoid the mistakes killing 97% of traders.
Master the charts & time your entries using Bitcoin’s signals.
$BTC $SPY $QQQ $OIL
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