Happy Wednesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- BlackRock says AI agents are more likely to transact in Bitcoin and crypto because it is computer-native money.
- Morgan Stanley says banks are expanding into Bitcoin and crypto after years of infrastructure development.
- Bloomberg senior ETF analyst says the roles have been reversed as Bitcoin ETFs see inflows while gold ETFs see outflows.
- Bernstein says the Bitcoin bottom is likely in and targets $150,000.
- Memecoins are now live on Bitcoin.
- Gold has reclaimed $4,600 with $900 billion added to its market cap in the past three hours.
- The U.S. is developing a 15-point plan to end the war with Iran and claims Iran has agreed to many of the key points.
- President Trump’s approval rating has fallen to 36%, the lowest since returning to the White House.
- President Trump says Iran gifted the U.S. a very big present worth a tremendous amount of money related to oil and gas.
- Iran has begun charging ships up to $2,000,000 for safe passage through the Strait of Hormuz.
- Russia says it is ready to join mediation efforts for the U.S.-Israeli war with Iran.
- Elon Musk’s SpaceX aims to file for an IPO as soon as this week.
- Elon Musk says Tesla and SpaceX will jointly build an advanced chip manufacturing plant.
- The NYSE is partnering with Securitize to develop a 24/7 tokenized securities platform.
- The U.S. money supply grew 5% over the last year, the biggest year-over-year increase since June 2022.
- Gas prices in the U.S. have risen to $3.98 per gallon, the highest level since August 2022.
- U.S. home sellers now outnumber homebuyers by nearly 630,000, the largest gap on record.
- 42,000 U.S. home purchases were canceled in February, equating to 13.7% of all homes under contract, the highest percentage for any February on record.
- OpenAI is set to raise an additional $10 billion at a $730 billion valuation.
- Uber is investing $1.25 billion in Rivian to deploy 50,000 robotaxis by 2030.
- Coinbase stock fell over 10% yesterday.
📊 Altcoin Market Updates 📊
- Ethereum price is forecasted to go as low as $1,340 this year per Kalshi traders.
- Tether has signed a Big Four firm to complete its first full audit.
- Circle, the USDC stablecoin issuer, saw its stock crash 18%.
- Solana now supports the Machine Payments Protocol by Stripe and Tempo.
- The Solana Foundation has launched the Solana developer platform.
- Solana is very far ahead of other chains on payments and tokenization requiring direct TradFi integration, according to Kyle Samani.
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 $OIL $GOLD $SPY
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
