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Transcript

Tu 27/10 | Daily Crypto & Macro News · Panic Drop Podcast

• 0:02
  SPEAKER_01: Happy Tuesday all and it feels like the big money is quietly loading up
• 0:07
  SPEAKER_01: while everyone else stares at the price.
• 0:10
  SPEAKER_01: Bitcoin is hovering around $79,600 barely moving and prediction market traders
• 0:17
  SPEAKER_01: We still see a possible dip to 78,000 this month.
• 0:21
  SPEAKER_01: But look at who is buying.
• 0:23
  SPEAKER_01: Strive scooped up 6,182 Bitcoin for about $511 million and now holds 43,000 coins.
• 0:34
  SPEAKER_01: Strategy took a week off from buying but still sits on more than 848,000.
• 0:39
  SPEAKER_01: And even Vanguard bought shares of Bitcoin treasury company MetaPlanet.
• 0:45
  SPEAKER_01: Galaxy Research thinks the bear market actually ended in June and that we are now in
• 0:49
  SPEAKER_01: the accumulation phase that came before every big run.
• 0:53
  SPEAKER_01: Add Franklin Templeton filing for index ETFs that reinvest dividends into Bitcoin
• 0:59
  SPEAKER_01: and Coinbase Today's helping JP Morgan,
• 1:01
  SPEAKER_01: Citi and PNC let clients buy Bitcoin right in their banking apps,
• 1:06
  SPEAKER_01: and the plumbing is getting built fast.
• 1:09
  SPEAKER_01: The regulators are warming up too,
• 1:11
  SPEAKER_01: with the CFTC working on rules to let crypto exchanges register in the US.
• 1:17
  SPEAKER_01: On the macro side,
• 1:19
  SPEAKER_01: markets give a 92% chance the Fed holds this week,
• 1:23
  SPEAKER_01: and China just pumped 1 trillion yuan into its banking system overnight.
• 1:29
  SPEAKER_01: In Techland,
• 1:30
  SPEAKER_01: Anthropic finally filed for its IPO,
• 1:34
  SPEAKER_01: showing $16.3 billion in revenue for the first half of the year.
• 1:39
  SPEAKER_01: Meta is raising up to $95 billion for AI.
• 1:44
  SPEAKER_01: Microsoft is offering buyouts to 60,000 employees.
• 1:48
  SPEAKER_01: Stocks bounced on Monday with the Nasdaq up almost 1%,
• 1:53
  SPEAKER_01: led by Tesla and Nvidia,
• 1:55
  SPEAKER_01: while Celestica, Cadence and Rambus all impressed after the bell.
• 1:59
  SPEAKER_01: The weak spot is housing, where pending home sales just hit a record low.
• 2:04
  SPEAKER_01: In altcoins,
• 2:05
  SPEAKER_01: Ethereum trades around $2,300,
• 2:09
  SPEAKER_01: and Bitmine keeps stacking,
• 2:11
  SPEAKER_01: now holding almost 5% of the entire It's where we find the truth.
• 2:16
  SPEAKER_01: Listen to the Panic Drop.
• 2:35
  [music]