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Want to make it in crypto?
Hereโs everything you need to:
โข Buy altcoins in a strong uptrend
โข Avoid the most common mistakes in crypto
โข Understand why all altcoins are meme coins
Start here:
๐ฝ (1/5)
Happy Wednesday all!
If you missed the past 24 hours in crypto and stocks, here's your full recap:
๐จ Major Headlines & Market Moves ๐จ
- $BTC is trading around $80,900, up about 1.7% in 24 hours, after briefly reclaiming $81,000 last night.
- US spot Bitcoin ETFs saw $110.3M in net inflows on Monday, and Fidelity ETF clients bought another $24.54M worth of Bitcoin.
- Bitcoin is now 5% above its 50 week moving average and has held above it for 6 straight weeks, which analysts see as the early innings of a bull market.
- 37.4% of the total Bitcoin supply has not moved in 4 or more years.
- $200B VanEck includes Bitcoin exposure in its new Wealth Builder ETF, bringing Bitcoin to investors who want one simple diversified holding.
- Lightning Labs launched Wavelength, enabling AI agents to pay and get paid in Bitcoin.
- US national debt hit a new all time high of $40.5 trillion, while the Treasury bought back $6B of its own longer term debt.
- The Fed announces its rate decision today at 2:00 PM ET, followed by the press conference at 2:30 PM ET.
- Nvidia NVDA is set to invest $3B in Meta META.
- A $63B financing deal backed by BofA, Citi, Morgan Stanley and Blackstone will buy AI chips and networking gear built on Broadcom AVGO technology to lease to Anthropic, with deliveries starting in 2027.
- Only two Mag 7 stocks are beating the market this year, Apple AAPL and Nvidia NVDA, and they rank #1 and #2 in free cash flow.
- China's STAR 50 tech index has crashed 40% since June, with about $480B wiped out of China's AI stocks.
- President Trump says the US will officially ban the term "AI/Artificial Intelligence" in all documents.
- Visa V beat with $12.14B in revenue, up 13%, and $3.48 EPS, but guided to slower FY27 earnings growth in the low double digits to low teens.
- Seagate STX grew revenue 61% to $4.23B with $7.68 EPS, up 194%, and guided to $4.8B next quarter on AI storage demand.
- Robinhood HOOD posted $1.424B in revenue but missed on EPS at $0.60 vs $0.64 expected, with crypto revenue down 55%, sending shares down about 5.5% after hours.
- SoFi SOFI jumped about 11% after a beat and a raised $5.04B revenue guide, while Coca Cola KO and UPS UPS beat and Boeing BA missed on both lines.
- Microsoft MSFT and Alphabet GOOGL report after the close today, with GEV, VRT and ADP before the bell.
๐ Altcoin Market Updates ๐
- ETH is trading around $2,354, up about 2% in 24 hours.
- Ripple and Robinhood HOOD announced a strategic partnership making RLUSD a key stablecoin across Robinhood, live today on Robinhood Chain and Bitstamp, with the Robinhood app expected later this year.
- Ripple expanded its BNY partnership to add XRP and RLUSD to BNY's institutional custody platform.
- XRP whales holding 10M+ tokens now control about 68.5% of the supply, their highest share since November 2022.
- XRP is trading around $1.33, up about 2.5% in 24 hours.
- Ondo is bringing 15 tokenized stocks and ETFs to Robinhood Chain.
- Coinbase CEO Brian Armstrong says "all asset classes are moving onchain."
- Polymarket launched 5 minute BTC, ETH, SOL and XRP up or down markets on its US app.
- SOL is trading around $102, up about 2% in 24 hours.
- NEAR launched an Anthropic pre IPO perp on NEAR Perps with up to 10x leverage, powered by Hyperliquid.
- India's Nifty 50 is now live as a synthetic perp on Hyperliquid.
- HYPE is trading around $81.4, up about 5% in 24 hours.
- Pump.fun announced TON is live on the Pump.fun app.
- Binance filed for a crypto license in Brazil.
- Bithumb says customer data was leaked in a cyber attack from an external party.
- DOGE is trading around $0.0795, up about 2.8% in 24 hours.
If you enjoyed this daily roundup, make sure to follow me, I'll see you tomorrow!
BTC SPY QQQ OIL SMH
By the way, want to buy the winning stocks?
Donโt miss out on the biggest movers with high return potential. Subscribe here:
panicdrop.substack.com/
Good night all!
Great to see Amazon rise ahead of earnings.
Hope it's a good sign!
See you tomorrow ๐
Timothy ๐ข | Panic Drop retweeted
Cathie Wood says:
"Innovation solves problems."
Here are 6 innovation stocks solving real problems, all trading below their highs ๐๐ป
1/6 Tesla $TSLA
๐ด 20.8% below its all time high
Self driving cars and energy storage!
Cathie Wood says:
"Innovation solves problems."
Here are 6 innovation stocks solving real problems, all trading below their highs ๐๐ป
1/6 Tesla $TSLA
๐ด 20.8% below its all time high
Self driving cars and energy storage!
6/6 CRISPR Therapeutics $CRSP
๐ด 77.8% below its all time high
Gene editing that targets diseases at the root!
Enjoyed this thread?
Then make sure to follow me and subscribe to Panic Drop.
Most of my alpha never makes it to X ๐
panicdrop.substack.com/
Timothy ๐ข | Panic Drop retweeted
FREE CASH FLOW IS THE MOST UNDERRATED NUMBER IN INVESTING โผ๏ธ
A 10% free cash flow yield means a company earns its entire market value back in cash in about 10 years.
That cash pays for buybacks, dividends and growth!
Here are 6 popular stocks printing cash the market ignores ๐๐ป
1/6 Adobe $ADBE
10.7% free cash flow yield
My portfolio by sector ๐๐ป
Tech: 42.6%
Crypto: 13.2%
Communication: 13%
Financials: 9.5%
Consumer: 8.1%
Health care: 7.7%
ETFs: 3.9%
Other: 2%
Yes, I'm heavy on tech. That's where the earnings growth is!
How does yours look?
If you want to grow with me, check out my portfolio here:
etoro.tw/4dZp58U
You can copy all my positions in 1 click.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Timothy ๐ข | Panic Drop retweeted
Something doesn't add up with $AMZN.
- It's 13% below its high.
- Trading at just 20x earnings, the lowest P/E in its history.
- The AWS backlog just hit $496B!
Meanwhile some of the biggest investors were buying in Q2:
David Tepper raised his stake to 5M shares, worth $1.19B. His largest position.
Peter Thiel opened a new position of 495,000 shares, worth about $118M. Also his largest.
Stanley Druckenmiller grew his stake more than 10x to 541,600 shares.
Are you bullish going into earnings Thursday?
My Bitcoin Squeeze Indicator flashed a sell signal after entering around the lows.
My Ai agent closed the trade and now waits on the sidelines for the next buy signal.
+26% profit while I was sleeping.
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