Fr 19/6 | Daily Crypto & Macro News

Happy Friday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:🚨 Major Headlines & Market Moves 🚨- Bitcoin falls under $63,000. $546,000,000 liquidated from the crypto market in the past 24 hours.- BlackRock’s Jay Jacobs highlighted Bitcoin’s growing significance as a large asset with utility that cannot be ignored.- Senator Cynthia Lummis emphasized Bitcoin as an important store of value for the US Strategic Reserve, suggesting holding a portion could significantly reduce national debt.- The Federal Reserve proposed a stablecoin issuer identification program as part of the first GENIUS Act rulemaking.- President Trump stated that oil prices are dropping like a rock and that oil is flowing, with prices declining.- The US and Iran signed a deal ending conflict, with ship traffic resuming in the Strait of Hormuz and the blockade lifted.- Trump denied any $300 billion US payment to Iran, calling it fake news.- The US Department of War requested $80 billion to cover Iran-related costs and other expenses.- Illinois passed a law to tax crypto transfers regardless of profit or loss, starting in 2027.- Over $546 million was liquidated from the crypto market in the past 24 hours, with more than 124,000 traders affected.📊 Altcoin Market Updates 📊- Kraken integrated Solana DEX trading into its core app, enabling on-chain token trading for eligible users across the US and over 100 countries, with nearly 2,500 verified Solana tokens available at launch.- Solana-based perp exchange Phoenix saw its open interest hit a record $8.8 million.- A co-executive director and board member of the Ethereum Foundation stepped down.- $TRENCHES token surged over 400% shortly after launch as a new in-game currency.- Backpack and Sunrise DeFi’s tokenized $SPCX on Solana surpassed 10k holders.If you enjoyed this daily roundup, make sure to follow me – I’ll see you tomorrow.$BTC $ETH $SPCX $SPY $QQQ PS… Want the complete shortcut to trading altcoins with precision (without wasting months on trial-and-error)?Clere to grab the Altcoin Profit Toolkit — 8 structured modules + 3 indicators including the Smart Exit Decoder that shows overbought conditions on multiple timeframes, helping you scan, enter, and exit trades like a pro trader.Written by Timothy Assi, an Elite Popular Investor on eToro.Not investment advice. eToro is a multi-asset investment platform. Your capital is at risk. For information and educational purposes only.Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.Connect with me on:🟦 Linkedin: Timothy Assi🟪 Instagram: @panic_drop⬛ X: @timoassi📧 [email protected]🟩 Panic Drop Podcast : on your favorite streaming appwww.panicdrop.com This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit panicdrop.substack.com/subscribe