Latest / Panic Drop Podcast / Tu 03/11 | Daily Crypto & Macro News

Transcript

Tu 03/11 | Daily Crypto & Macro News · Panic Drop Podcast

• 0:02
  SPEAKER_00: Happy Tuesday all, and welcome back to the Panic Drop podcast,
• 0:06
  SPEAKER_00: where I bring you everything that moved crypto and stocks in the last 24 hours.
• 0:11
  SPEAKER_00: Let's start with Bitcoin, which is trading around $76,900,
• 0:16
  SPEAKER_00: down about 2% The fear
• 0:19
  SPEAKER_00: and greed index has dropped
• 0:25
  SPEAKER_00: into fear for the first time
• 0:26
  SPEAKER_00: since August, but here's the thing, the big buyers did not blink.
• 0:30
  SPEAKER_00: Strategy picked up 810 Bitcoin Strive added 124.
• 0:35
  SPEAKER_00: Coinbase now holds 18,000 Bitcoin to celebrate Bitcoin's 18th birthday
• 0:40
  SPEAKER_00: and Tether says it owns around 150,000 coins.
• 0:44
  SPEAKER_00: Bitcoin also closed above its 50-week moving average for the seventh week in a row,
• 0:48
  SPEAKER_00: and Polymarket gives it a
• 0:53
  SPEAKER_00: Now, the Binance hack story keeps twisting.
• 0:57
  SPEAKER_00: North Korea says it was not them and Kim Yo -jong calls He calls
• 1:01
  SPEAKER_00: the American stance political provocation,
• 1:04
  SPEAKER_00: while Elliptic says 44 %
• 1:07
  SPEAKER_00: of clearly still in season
• 1:14
  SPEAKER_00: because Brazil's biggest Exchange, Mercado Bitcoin,
• 1:20
  SPEAKER_00: paused deposits and withdrawals after an incident reportedly worth over $40 million.
• 1:26
  SPEAKER_00: On the regulation side, the SEC released new guidance on how securities laws apply
• 1:32
  SPEAKER_00: to crypto, and New Jersey dropped its lawsuit against Coinbase,
• 1:36
  SPEAKER_00: so staking is back there after more than three years.
• 1:40
  SPEAKER_00: Over in stocks, earnings night delivered.
• 1:44
  SPEAKER_00: Apple beat with about $114.5 billion
• 1:48
  SPEAKER_00: in revenue with iPhone sales up 17.5%
• 1:52
  SPEAKER_00: and Palantir grew revenue 96% with US commercial revenue overtaking government
• 1:59
  SPEAKER_00: for the first time and guidance raised again.
• 2:03
  SPEAKER_00: Marvel is buying Lumentum in a $115 billion deal
• 2:07
  SPEAKER_00: and Anthropix filing shows $33 billion in revenue in just nine months.
• 2:13
  SPEAKER_00: Oil fell 5% on reports that the US and Iran are close to a deal
• 2:17
  SPEAKER_00: and today is midterm election day with AMD reporting after the close.
• 2:23
  SPEAKER_00: In altcoins, Ethereum is around $2,255 down
• 2:29
  SPEAKER_00: about 2%,
• 2:32
  SPEAKER_00: $65 million buying it.
• 2:34
  SPEAKER_00: Solana slipped to around $92 even as 13 new tokenized stocks launched
• 2:40
  SPEAKER_00: on its network, XRP is flat near $1 .25 while its ledger fixes
• 2:46
  SPEAKER_00: a stablecoin security flaw and Hyperliquid's token dropped about 5%.
• 2:51
  SPEAKER_00: That's your recap for today,
• 2:53
  SPEAKER_00: if you enjoyed it make sure to follow me and tune in again tomorrow.
• 2:58
  SPEAKER_01: Solana
• 3:00
  [music]