Fr 29/5 | 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 🚨- BlackRock clients recorded significant Bitcoin outflows, including $177.95 million and a larger $527.82 million sale, marking the largest single outflow since inception.- Public company Strive purchased an estimated 542 BTC worth around $37 million today, bringing its weekly total to over 1,496 BTC.- Fidelity Digital Assets noted Bitcoin entering an era of scarcity and suggested public companies could buy another 1 million BTC by 2029. It also highlighted Iran accepting Bitcoin for Strait of Hormuz tolls as evidence of a shift from dollar-based systems.- U.S. Treasury Secretary Scott Bessent urged Congress to pass the Clarity Act to attract digital assets to the United States.- The S&P 500 closed at a new all-time high of 7,563, with an intraday high of 7,555 earlier.- $DELL rose 57% since President Trump recommended buying the stock, following a $9.7 billion U.S. government contract announcement.- Anthropic raised $65 billion at a $965 billion valuation and launched Claude Opus 4.8 with various improvements.- U.S. personal savings rate fell to 2.6%, the lowest since April 2008. Q1 real GDP was revised down to 1.6%.- Costco reported strong Q3 results with revenue up 12% year-over-year to $70.5 billion and comparable sales growth.📊 Altcoin Market Updates 📊- $HYPE reached a new all-time high against Bitcoin, Ethereum, and Solana.- The Sui network experienced prolonged downtime lasting around five hours.- $STRC saw a wick to $97.11.If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.$BTC $ETH $SPY $QQQ $OIL 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