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We 23/9 | Daily Crypto & Macro News · Panic Drop Podcast

• 0:06
  SPEAKER_01: Happy Wednesday, everybody.
• 0:07
  SPEAKER_01: Let's get into what's been happening over the past 24 hours
• 0:10
  SPEAKER_01: because Bitcoin reclaimed $87,000 after briefly touching $85,000 and
• 0:17
  SPEAKER_01: the institutional money just keeps pouring in.
• 0:20
  SPEAKER_01: BlackRock and And other Bitcoin ETF issuers recorded a combined $714.75 million
• 0:27
  SPEAKER_01: in inflows,
• 0:28
  SPEAKER_01: following nearly $1 billion into spot Bitcoin ETFs the prior day,
• 0:32
  SPEAKER_01: which was the largest since October 2025.
• 0:36
  SPEAKER_01: Calamos Investments,
• 0:37
  SPEAKER_01: with $50 billion in AUM,
• 0:40
  SPEAKER_01: said Bitcoin is becoming an allocation in most portfolios,
• 0:43
  SPEAKER_01: including sovereign wealth funds, and called it a great investment.
• 0:47
  SPEAKER_01: UTXO Management said we are at the start of what could be a nice Bitcoin bull run,
• 0:53
  SPEAKER_01: with price potentially in the mid-90s to low $100,000 range within three
• 0:59
  SPEAKER_01: to six months.
• 1:00
  SPEAKER_01: Here's an interesting historical note.
• 1:02
  SPEAKER_01: Bitcoin to gold bear markets have historically lasted about 14 months.
• 1:07
  SPEAKER_01: That mark is now passed and Bitcoin is rising.
• 1:11
  SPEAKER_01: Coinbase now offers fixed rate Bitcoin backed loans.
• 1:15
  SPEAKER_01: And Russia's Moscow Exchange launched perpetual Bitcoin futures trading,
• 1:19
  SPEAKER_01: so the infrastructure continues to expand globally.
• 1:23
  SPEAKER_01: On the macro front,
• 1:25
  SPEAKER_01: US money supply grew 5.7% over the last year,
• 1:27
  SPEAKER_01: the biggest With the biggest year-over-year increase since June 2022,
• 1:33
  SPEAKER_01: which is fuel for hard assets,
• 1:35
  SPEAKER_01: markets were pricing in two Fed rate cuts at the start of 2026.
• 1:39
  SPEAKER_01: But after last week's 25 basis point hike, markets are now pricing in
• 1:47
  SPEAKER_01: Bank stocks were among the weakest with Schwab falling 6.6%,
• 1:50
  SPEAKER_01: JP Morgan 3.7% and Citigroup about 3% as the 2-year to 10-year Treasury spread
• 2:00
  SPEAKER_01: Narrowed and pressured lending margins.
• 2:02
  SPEAKER_01: President Trump said the Iran relationship is developing and that he thinks
• 2:06
  SPEAKER_01: a settlement will be reached which could ease some geopolitical tensions.
• 2:11
  SPEAKER_01: He also called to ban US diesel exports, noting the US is the world's largest diesel exporter.
• 2:18
  SPEAKER_01: In AI news,
• 2:19
  SPEAKER_01: BlackRock said AI Compute could be tokenized in the future and
• 2:23
  SPEAKER_01: that AI agents will drive major demand for crypto stablecoins
• 2:27
  SPEAKER_01: and blockchain payments.
• 2:29
  SPEAKER_01: OpenAI introduced GPT-6sol and Luna,
• 2:32
  SPEAKER_01: expanding the Elon Musk said AI will beat all fields by the end of next year or 2028
• 2:36
  SPEAKER_01: at the latest.
• 2:48
  SPEAKER_01: And Palantir co-founder Joe Lonsdale said, AI will make everyone really wealthy.
• 2:55
  SPEAKER_01: Shopify rose about 7% after integrating ShopPay with Meta's Muse AI Assistant,
• 3:01
  SPEAKER_01: and Unholding jumped about 13% after unveiling 2029 targets and
• 3:04
  SPEAKER_01: a $1 billion share buyback.
• 3:09
  SPEAKER_01: On the altcoin side,
• 3:11
  SPEAKER_01: Canada's six biggest banks launched a joint tokenized deposits project
• 3:16
  SPEAKER_01: to enable 247 blockchain base payments.
• 3:20
  SPEAKER_01: Sofibank and Mastercard launched a crypto stablecoin settlement payment network
• 3:25
  SPEAKER_01: and Binance invested $100 million in USDC issuer circle.
• 3:31
  SPEAKER_01: Hyperliquid's Hype token broke $97 for the first time and Zcash broke $1600.
• 3:38
  SPEAKER_01: The Bitwise Solana staking ETF recorded a new all-time high in AUM of more than 1.2%.
• 3:45
  SPEAKER_01: Panic Drop is where we find the truth.
• 3:48
  SPEAKER_01: Listen to the Panic Drop.