Good morning, we got a lot to unpack! If you missed the past 24 hours in crypto and stocks, here's your full recap:
π¨ Major Headlines & Market Moves π¨
β S&P 500 closes above 6,600 for the first time ever.
β S&P 500 hits another all-time high, its 25th of the year.
β Gold reaches new all-time high of $3,680.
β Michael Saylor's Strategy buys 525 Bitcoin worth $60.4 million.
β Publicly traded Hyperscale Data launches $100 million Bitcoin treasury strategy.
β Publicly traded Capital B buys 48 Bitcoin worth $5.6 million.
β Elon Musk buys 2,568,700 shares of TSLA valued at approximately $1 billion.
β Over $431 million liquidated from the cryptocurrency market in the past 24 hours.
β Michael Saylor and other crypto executives to meet US lawmakers tomorrow to advance Strategic Bitcoin Reserve bill.
β PayPal to integrate Bitcoin and crypto into its new peer-to-peer payment system.
β President Trump cannot fire Fed Governor Lisa Cook before FOMC meeting, appeals court rules.
β President Trump to speak with Chinese President Xi Jinping on Friday to finalize TikTok deal.
β President Trump says pending SEC approval, companies will no longer be required to report earnings quarterly, but every six months.
β SEC Chair Paul Atkins says they will start issuing warnings before aggressive enforcement actions against companies.
β The Fellowship PAC launches with over $100 million committed to back pro-innovation, pro-crypto candidates in the U.S.
β President Trumpβs visit to the UK expected to result in over $10 billion in partnerships.
β Youth unemployment rate rises to 9.4%, widest gap vs overall rate in over a decade.
β Silver enters week at highest level since 2011: $42 per ounce.
π Altcoin Market Updates π
β Ripple commits $25 million RLUSD to boost American small businesses and veteran career success.
β Rex-Osprey XRP ETF set to launch this week.
β Publicly traded Bitmine Immersion buys 82,233 ETH worth $372 million.
β Multicoin buys 6,822,000 SOL worth $1.58 billion.
β Forward Industries announces initial Solana purchases of 6,822,000 SOL for approximately $1.58 billion.
β Eric Trump acknowledges BONKfun and Raydium partnership with World Liberty Financial WLFI.
β TokenFi TOKEN continues strategic expansion by partnering with England tour of Ireland as Title Sponsor.
β American Express introduces blockchain-based βtravel stampsβ on Base network.
β OPENX introduces X Studio to launch and monetize AI with onchain compute and payments on Base network.
β London Stock Exchange Group launches blockchain platform Digital Markets Infrastructure, starting with private funds.
β Metamask USD goes live.
β Ethena Foundation confirms ENA fee switch parameters met, activation expected following governance.
β Moonpay to acquire payments startup Meso.
β Pumpfun 24H revenue hits $3 million for first time since February.
β Pumpfun flips Hyperliquid in 24H revenue.
β Ethena-backed Hyperliquid trading platform Based breaks into top 10 protocols by 24H revenue.
β Jesse Pollak announces new bridge between Base and Solana.
β Jesse Pollak says Base exploring a network token.
β JS Horne hints at Base-based Zora enabling deposits on Solana.
β Polymarket introduces earnings markets.
β Pumpfun livestreamers featured in Rolling Stone for allegedly leaking Drake's new music.
If you enjoyed this daily roundup, make sure to follow me β I'll see you tomorrow.
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