Tu 12/5 | Daily Crypto & Macro News

Panic Drop Podcast · May 12, 2026 · 2m · transcript

Happy Tuesday all!

If you missed the past 24 hours in crypto and stocks, here's your full recap:

🚨 Major Headlines & Market Moves 🚨

- Michael Saylor's Strategy purchases 535 bitcoin for $43 million. His MicroStrategy (ticker: MSTR) is back at $100 and actively accumulating more bitcoin again.

- S&P 500 closes at a new all-time high of 7,412.

- The 16% gain in the S&P 500 over the last 6 weeks is the 11th biggest 6-week gain since 1950 and the only one in the top 20 that did not occur during or right after a bear market.

- US Senate Banking Committee releases crypto Clarity Act draft bill.

-…