Latest / Panic Drop Podcast / Mo 18/5 | Daily Crypto & Macro News
Transcript
- 0:06SPEAKER_00: Happy Monday everyone,
- 0:07let's get into it because markets opened rough with Bitcoin
- 0:10falling under 77,000 as
- 0:12futures opened red and over 588 million in long positions were
- 0:16liquidated in the
- 0:17SPEAKER_00: past 24 hours.
- 0:19SPEAKER_00: The Fed is set to inject 6.5
- 0:21$5.76 billion into the market today,
- 0:24which could provide some short-term relief.
- 0:27But odds of Bitcoin crossing 100,000 again before 2027 have
- 0:31fallen to 43% on Kalshi.
- 0:33SPEAKER_00: So the market is recalibrating expectations after last
- 0:37Michael Saylor hinted at buying more Bitcoin with the message
- 0:40Big Dot Energy so the
- 0:42SPEAKER_00: accumulation machine keeps running regardless of price action.
- 0:45The standout performer of 2026 so far is Hyperliquid's native
- 0:49token which is up over 90%.
- 0:52SPEAKER_00: While Bitcoin,
- 0:53SPEAKER_00: Ethereum,
- 0:53SPEAKER_00: Solana,
- 0:54SPEAKER_00: BNB and even Coinbase stock are all down double digits year-to-date.
- 0:58Hype vs Solana hit a new all-time high and Hype reclaimed $45
- 1:03proving that the
- 1:04SPEAKER_00: ecosystem continues to attract capital
- 1:07In altcoin news,
- 1:09Wall Street giant Citadel took a $1.7 million stake in XRP
- 1:14ETFs.
- 1:15Reports suggest over $2 billion worth of energy assets have
- 1:18been tokenized on the XRP ledger.
- 1:21XRP is forecasted to reach as high as $1.60 this month per
- 1:25Kalshi traders.
- 1:26The Verus Ethereum bridge appears to have been exploited with
- 1:2911.5 million stolen
- 1:31SPEAKER_00: and swapped into Ethereum,
- 1:32SPEAKER_00: adding to what has been a devastating run of hacks across the industry.
- 1:36Base recorded $1.8 billion in daily net flows and Athena's USDE
- 1:41supply on Solana
- 1:42SPEAKER_00: increased by over $560 million in just five days,
- 1:46SPEAKER_00: showing the stablecoin wars are heating up across ecosystems.
- 1:50SPEAKER_00: That's your Monday recap.
- 1:51The market is shaking out over-leveraged positions,
- 1:54but the institutional building never stops.
- 1:57SPEAKER_00: Make sure to follow, and I'll catch you right back here tomorrow.
- 2:05SPEAKER_01: Listen to the Panic Drop