Happy Tuesday all!
If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
The White House blamed Democrats for failing to pass the Crypto Clarity Act.
Shein shares tumbled over 12% after a reported 67% drop in quarterly profit.
Michael Saylor’s Strategy transferred out 3,568 $BTC worth $297 million over the past 9 hours.
$531 million was liquidated from the crypto market in the past 24 hours, with 132,749 traders liquidated.
Bitcoin is on track for its fourth-best Q3 in history.
OpenAI canceled the planned release of its GPT-6.1 Astra model over safety concerns and suspended latest model training after reports of AI agents going rogue.
The United States and China reached a deal to cut tariffs on $60 billion worth of goods.
President Trump said the U.S. has surpassed Japan in steel production, called Canada worse than China to make deals with, and said inflation will be completely eliminated after the Iran war ends.
Hunter Biden said Bitcoin is going to $220,000 by 2028 and hopes Democrats change tone to support the Bitcoin industry.
Polymarket launched 15-minute Bitcoin up/down markets on its U.S. app.
Belarus approved its first two crypto banks to integrate traditional finance with crypto.
Coinbase received CFTC approval for Coinbase Clearing LLC, completing its full derivatives platform.
Nvidia added $150 billion to its buyback program and closed up 2.2% while the Nasdaq fell.
MongoDB fell 18.5% after CEO CJ Desai resigned immediately to take a senior role at Meta.
The longest-duration Treasury bond ETF is down 67% from its March 2020 peak after the 30-year yield rose from 0.8% to 5.6%.
China’s Ministry of State Security warned that crypto anonymity is an illusion because blockchain leaves a permanent trail.
Russia extended its diesel export ban until the end of October.
Bitget began a phased resumption of withdrawals after the September 24 security incident.
📊 Altcoin Market Updates 📊
$ROBDOG sits 90% below its all-time high as the community rebuilds ahead of Robinhood Chain updates.
Sunrise enabled Chainlink CCIP-powered Coinbase wrapped $ADA on Solana, with Pump.fun now supporting $ADA pairs.
GiwaTools went live on Giwa Chain testnet with AI token discovery, a launchpad, and an NFT marketplace.
ZachXBT reported that actors laundering $387 million from the Bitget exploit for alleged DPRK attackers are openly asking for help in public Discord and Telegram channels.
If you enjoyed this daily roundup, make sure to follow me, I’ll see you tomorrow!
$BTC $SPY $QQQ $OIL $SMH
Looking to profit from altcoins? Here’s a FREE 5-day email course!Get instant access here:https://panicdrop.kit.com/5dayaltcoincourseAvoid the mistakes killing 97% of traders.Master the charts & time your entries using Bitcoin’s signals.
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
