Happy Wednesday all!
If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
Bitcoin beiefly fell under $77,000 and Ethereum under $2,400 as the US and Iran exchanged strikes, with $100 million liquidated from the crypto market in 60 minutes.
Brent crude oil surged over $95.
BlackRock clients sold 2,605 BTC worth $201 million.
BlackRock's IBIT has outperformed its S&P 500 ETF since launching in 2024.
El Salvador added another Bitcoin to its strategic reserve and now holds 7,762 BTC.
The SEC proposed new rules supporting blockchain technology for securities offerings, share transfers and official records. It also announced a roundtable to prepare for 24-hour stock market trading, with panelists including Citi, UBS, NYSE, Nasdaq, BlackRock, Robinhood, Citadel Securities and others.
Dell Technologies posted a strong quarter driven by AI demand, with record $60.9 billion in AI server orders and a $95 billion backlog. It raised its FY27 revenue guide by $25 billion. MongoDB, GitLab, Palo Alto Networks and Credo also beat estimates and raised guidance.
US national debt increased by $715 billion since July 1 while the 10-year Treasury yield rose from 4.48% to 4.75%. Charlie Bilello argued the Fed should hike rates by 50 bps this month after earlier cuts that he called a policy mistake.
The US Army awarded Palantir a prime agreement for eight new TITAN ground stations plus technology integration.
Google is set to unveil Gemini 3.8 Flash as soon as today, according to the WSJ.
Nvidia said physical AI could ultimately be 10 times larger than digital AI.
A new Apple CEO John Ternus is slated to receive a $58 million pay package in 2027.
📊 Altcoin Market Updates 📊
Bank of America, Citi, Goldman Sachs and 18 other global banks are teaming up to launch their own crypto stablecoin.
Ethena launched Ethena Pay, a global neobank built exclusively on Avalanche. Users can save, send and spend USDe worldwide from their phone, with rewards in AVAX on qualifying card transactions.
Solana printed its first green monthly candle since September 2025.
Robinhood Chain generated $2.2 million in revenue yesterday and its total tokenized value surpassed $70 million. A trader is up over $8.5 million on paper after putting $21,200 into a Robinhood memecoin paired with tokenized Nvidia.
Robinhood is set to launch an NFT collection on Robinhood Chain on September 7, with a supply of 9,999 at $20 each.
Kalshi traders forecast Bitcoin could go as low as $72,000 this month. Polymarket currently shows a 59% chance it finishes the month above $82,500.
If you enjoyed this daily roundup, make sure to follow me, I'll see you tomorrow!
$BTC $SPY $QQQ $OIL $SMH
PS… Want the complete shortcut ding 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
