Panic Drop
Panic Drop Podcast
Daily Crypto & Macro News - Tu 19/08/2025
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Daily Crypto & Macro News - Tu 19/08/2025

Panic Drop Podcast

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

🚨 Major Headlines & Market Moves 🚨

→ Both Bitcoin and Ethereum are making new lows.

→ $446,000,000 worth of longs liquidated from the cryptocurrency market in the past 24 hours.

→ Morgan Stanley says AI could add $920 billion in annual gains to S&P 500.

→ Goldman Sachs expects the Fed to cut interest rates three times this year.

→ President Trump's administration in talks to take 10% ownership stake in Intel.

→ The Magnificent 7 make up a record 34.2% of the S&P 500's market cap but just 26.6% of its profits.

→ Palo Alto Networks reports Q4 revenue up 16% to $2.5B, NGS ARR +32% to $5.6B.

→ Strategy buys another 430 Bitcoin worth $49.4 million.

→ Amdax to launch Bitcoin treasury firm AMBTS on Dutch stock exchange, targets 1% of total BTC supply.

→ Volkswagen Group Singapore announces accepting Bitcoin as payment for cars.

→ ICMB International Securities launches 24/7 crypto trading in Hong Kong, supporting BTC, ETH, and USDT.

→ Thailand launches program allowing foreign visitors to convert Bitcoin and crypto into local currency.

→ VanEck still believes Bitcoin will rise to $180,000 by the end of the year.

→ $573 million public company CIO says many companies will buy Bitcoin like Saylor's Strategy in every major jurisdiction globally.

→ Satoshi Nakamoto registered Bitcoin.org 17 years ago.

→ Starlink reportedly faces outages.

→ FDA approves expanded use of Novo Nordisk's Wegovy for liver disease.

📊 Altcoin Market Updates 📊

→ Publicly traded Bitmine Immersion buys another 373,110 ETH worth $1.62 billion.

→ Treasury Secretary Bessent says crypto stablecoins will expand dollar access for billions across the globe.

→ Newly launched $ARCADE bot on Telegram offers zero fees and lets users earn tokens by playing their game.

→ SPAC by Chamath to target DeFi among four areas, warns potential retail investors may lose entire capital.

→ Backpack exchange announces it will begin publishing its proof of reserves once a day, every day.

If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.

Thanks for reading.

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Written by Timothy Assi, an Elite Popular Investor on eToro.

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Not investment advice. eToro is a multi-asset investment platform. Your capital is at risk. For information and educational purposes only.

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