Th 28/5 | Daily Crypto & Macro News
Happy Thursday all!
If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- Bitcoin briefly falls under $73,000 after US and Iran launch attacks against each other. Ethereum falls under $2,000.
- President Trump says he will codify a future-proof digital asset market structure that cannot be undone by crypto haters. He also criticized former SEC Chair Gary Gensler for nearly destroying the American crypto industry.
- S&P 500 futures are up nearly 20% since the March 30th bottom. The index has hit 20 all-time highs so far in 2026.
- Spot gold falls 2% to $4,411.99/oz.
- Odds of a recession in the US this year fall to a new all-time low.
- BlackRock clients sell $192.34 million worth of Bitcoin.
- Michael Saylor's Strategy has bought 2.6x the amount of Bitcoin mined so far this year (171,238 BTC purchased vs. 65,700 BTC mined).
- Cardone Capital bought another 130 BTC worth $9.7 million.
- Public company Strive estimated to have bought 475 BTC today, exceeding daily mined supply.
- Elon Musk's SpaceX is going public with 18,712 BTC on its balance sheet. If merged with Tesla, they would hold 30,221 BTC, making them the 5th largest Bitcoin treasury company.
- ETF clients buy $1.55 million worth of XRP, bringing total ETF-held net assets to $1.12 billion.
- Over $500 million worth of crypto longs liquidated in the past 90 minutes, with $250 million liquidated in just 15 minutes.
- US home prices increased 0.7% over the last year, the lowest growth rate since June 2023, amid more sellers than buyers.
- South Korean stocks have more than quadrupled over the last 17 months.
📊 Altcoin Market Updates 📊
- Popular Solana memecoin account $USELESS posts an image of $HOPPY.
- $dogwifgun rallies 400% within hours of launch.
- Virl.fun partners with Birdeye as the Solana-backed AI launchpad positions itself for viral on-chain narratives.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
$BTC $ETH $SPY $QQQ $OIL
PS… Want the complete shortcut to trading altcoins with precision (without wasting months on trial-and-error)?
Clere to grab the [https://panicdrop.thrivecart.com/apt/]Altcoin Profit Toolkit [https://panicdrop.thrivecart.com/apt/] — 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
www.panicdrop.com [http://www.panicdrop.com/]
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit panicdrop.substack.com/subscribe [https://panicdrop.substack.com/subscribe?utm_medium=podcast&utm_campaign=CTA_2]
Comments
0Be the first to comment
Sign up now and become a member of the Panic Drop Podcast community!