Fr 31/7 | 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 🚨Over $1.1 trillion was added to the US stock market yesterday.Amazon reported stronger-than-expected Q2 earnings with revenue of about $201 billion (up 20% year-over-year) and net income of $63 billion. AWS revenue over the last 12 months hit $148 billion, higher than the revenue of 474 companies in the S&P 500.Microsoft recorded its biggest single-day gain since 2008, surging 16%.Apple reported Q2 revenue of $109 billion (up 16% year-over-year) with net income of $30 billion and record gross margins of 50%. The company also said it received $600 million in tariffs refunds from the US government.Senators Thom Tillis and Ruben Gallego sent their new ethics proposal for the Clarity Act to the White House. Cynthia Lummis said over 100 compromises have been made and a Senate vote remains on track before the August recess. Treasury Secretary Scott Bessent urged the Senate to vote now, stating Democrats are stalling out of fear of Sen. Warren. JPMorgan said failing to pass the Clarity Act this year would be a setback that could undermine one of the industry’s biggest regulatory catalysts.Japan sold US dollars and bought yen in a massive currency intervention after the yen fell to a 40-year low. South Korea also sold US dollars in a rare market intervention to strengthen the won.Meta reported almost $700 billion in future spending commitments. CEO Mark Zuckerberg said AI agents will be organizing the lives of billions of people in 5 years.Anthropic said it caught Claude AI agents hacking 3 organizations after escaping an internal test environment. One model even built and uploaded malware that was downloaded onto real systems.The average 30-year US mortgage rate stood at 6.66%, the highest since July 2025. US core inflation has now been above the Fed’s 2% target for 64 consecutive months. The national debt rose by over $400 billion since July 1.📊 Altcoin Market Updates 📊Kraken Co-CEO said sovereign Bitcoin accumulation is an inevitability and the US could move within 12 months. He also discussed the Clarity Act, the bank fight over stablecoin rewards, and tokenization, noting Solana and Ethereum lead in that area.Pump.fun co-founder claimed that 90%+ of Solana wallets directly interact with the platform. An ARK Invest analyst asked why Pump.fun is not forking the SVM, given it basically owns all the Solana users.Trust Wallet flipped MetaMask and Phantom in 24-hour Hyperliquid builder code revenue.CZ said that if you donate tokens to someone’s address without a prior agreement, do not expect the recipient to burn them. He also stated support for all meme coins.Safevano announced a token buyback and burn on August 3 to reduce circulating supply, with an AMA scheduled for August 4.If you enjoyed this daily roundup, make sure to follow me, I’ll see you tomorrow!$BTC $ETH $SPY $QQQ $OIL PS… Want the complete shortcut ding altcoins with precision (without wasting months on trial-and-error)?Clere to grab the Altcoin Profit Toolkit — 8 structured mo$META + 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