Latest / Panic Drop Podcast / We 14/10 | Daily Crypto & Macro News
Transcript
- 0:05SPEAKER_00: Happy Wednesday all and let's get into everything that happened over
- 0:08SPEAKER_00: the past 24 hours because the institutional buying is back in full force
- 0:12SPEAKER_00: with BlackRock ETF clients purchasing $65.89 million worth of Bitcoin
- 0:18SPEAKER_00: and Fidelity clients adding another $103 million.
- 0:20SPEAKER_00: So that's nearly $170 million in a single day.
- 0:26SPEAKER_00: JP Morgan analysts estimate around $50 billion has flowed into Bitcoin
- 0:32SPEAKER_00: and digital assets this year,
- 0:34SPEAKER_00: which puts into perspective just how much capital is entering this space.
- 0:41SPEAKER_00: The Adoption Index increased to 34% in Q3 2026,
- 0:48SPEAKER_00: showing that traditional finance is steadily integrating crypto,
- 0:52SPEAKER_00: and Michael Saylor said Bitcoin is at the beginning of a bull market,
- 0:56SPEAKER_00: The OG Bitcoin bull is feeling confident.
- 0:59SPEAKER_00: Coinbase released a blog article on Bitcoin's post-quantum readiness
- 1:04SPEAKER_00: and stated it will continue to be the most trusted cryptocurrency in
- 1:08SPEAKER_00: a post-quantum world,
- 1:10SPEAKER_00: which is important because quantum computing concerns have been growing.
- 1:15SPEAKER_00: In a huge milestone for tokenization,
- 1:18SPEAKER_00: Citadel Securities and BNY completed
- 1:21SPEAKER_00: the first blockchain-based tokenized US Treasury transaction,
- 1:25SPEAKER_00: which brings us one step closer to a fully on-chain financial system.
- 1:31SPEAKER_00: President Trump said massive oil,
- 1:33SPEAKER_00: gas and mineral exploration is getting ready to begin in Greenland so
- 1:38SPEAKER_00: that geopolitical situation is developing.
- 1:42SPEAKER_00: China recorded a 133.5 billion
- 1:45SPEAKER_00: In earnings news, JP Moore
- 2:00SPEAKER_00: Morgan reported Q3 net revenue up 8% year over year to 50.9 billion
- 2:08SPEAKER_00: with equities trading up 49% and raised its net interest income guidance.
- 2:15SPEAKER_00: Posted a strong Q3 with equities trading revenue up 72% year over year
- 2:23SPEAKER_00: and earnings per share well above estimates.
- 2:26SPEAKER_00: So the big banks are crushing it.
- 2:29SPEAKER_00: Apple is trading at nearly 11%.
- 2:30SPEAKER_00: Bond yields are offering the highest prospective returns since 2002 with
- 2:34SPEAKER_00: a 97% historical correlation
- 2:45SPEAKER_00: Google says the median existing US home price stands at $418,000.
- 3:00SPEAKER_00: As Google launched its most powerful AI model,
- 3:03SPEAKER_00: Gemini 4,
- 3:04SPEAKER_00: Argonne and CPI is due tomorrow alongside a big earnings wave that includes ASML,
- 3:12SPEAKER_00: Bank of America, Morgan Stanley and BlackRock.
- 3:16SPEAKER_00: In Altcoin news,
- 3:19SPEAKER_00: interactive brokers launched Ethereum staking for clients provided by XeroHash,
- 3:24SPEAKER_00: Ripple and Stripe owned Privy partnered to bring embedded wallets to the XRP ledger
- 3:30SPEAKER_00: and Robinhood That's your Wednesday recap.
- 3:31SPEAKER_00: Have a great rest of your day, and I'll see you all tomorrow.
- 3:55[music]