Fr 3/7 | 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🚨- President Trump said crypto is a big deal and that the U.S. wants to be number one in it.- Trump stated there's nothing illegal about him making $1.4 billion from crypto and that he didn't know the exact amount.- Trump indicated he thinks Elon Musk will donate SpaceX stock to Trump accounts.- SEC Chairman Paul Atkins delivered a speech on the Clarity Act, saying the agency is taking steps to modernize rules and facilitate markets moving on-chain.- Bloomberg Intelligence estimates a 60% chance the Clarity Act passes this month.- Bitcoin is performing the strongest it ever has in a bear market.- Bitcoin inflows surged above 50,000 per day, flashing warning signs of incoming volatility.- Miller Value Partners, managing $383 million, told CNBC the fundamental case for Bitcoin has never been stronger, viewing it as a hedge against an inflationary debt spiral.- U.S. money-market fund assets hit a record $7.95 trillion.- U.S. unemployment rate fell to 4.2% in June, with 57k jobs added versus 114k expected; prior months revised lower.- Canada unveiled plans for an oil pipeline to Asia to become an energy superpower and reduce dependence on the U.S.- Elon Musk said AI and robots will be able to do everything, resulting in universal high income where work becomes optional.- Palantir CEO noted some U.S. government customers have migrated to open source AI.- Meta CEO Mark Zuckerberg said in a town hall that AI agent development hasn't accelerated as expected over the last four months.- Jersey Mike's Subs filed for IPO.📊 Altcoin Market Updates📊- Binance officially received approval to offer crypto services in the Philippines.- Hyperliquid announced that Africa's largest crypto exchange by volume, VALR, is using it as the on-chain infrastructure layer for perpetuals.- Securitize announced SECZ became the world’s largest tokenized stock at launch, with issuer-sponsored tokenized shares available to eligible U.S. investors on Avalanche and Solana.If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.$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