Mo 10/8 | Daily Crypto & Macro News

Happy Monday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:🚨 Major Headlines & Market Moves 🚨- NYSE is developing an onchain settlement platform for tokenized securities.- China's central bank injected 18 billion yuan via 7-day reverse repos.- Brent crude oil rallied above $84 per barrel after Iran rejected U.S. talks and no agreement was reached to reopen the Strait of Hormuz.- JPMorgan CEO Jamie Dimon warned that America could lose its status as the world's reserve currency within the next 25 years.- Michael Saylor hinted at buying more Bitcoin.- Coinbase CEO Brian Armstrong said Bitcoin gives a store of wealth that can't be inflated away.- Grayscale said the CLARITY Act is unlikely to pass this year, though crypto can still move forward.- S&P 500 Q2 earnings are on pace to rise 50% year-over-year, the highest growth rate since Q2 2021, driven in part by big tech gains including markups related to SpaceX and Anthropic.- S&P 500 profit margins reached 16.9% in Q2, their highest level in history.- With 88% of companies reported, S&P 500 sales are up 15% over the last year, the highest growth rate since Q4 2021.- The S&P 500's dividend yield has fallen to 1.04%, the lowest level in history.- The S&P 500 is now up over 14% year-to-date after being down 7% earlier in 2026, more than double the average pace at this point in the year.- The average 30-year mortgage rate in the U.S. stands at 6.69%, the highest since July 2025. Ten years ago the rate was 3.4% with a median existing home price of $250k; today the median is $446k📊 Altcoin Market Updates 📊- Pump.fun has flipped Hyperliquid in 30-day revenue.- Fomo flipped Hyperliquid in 24-hour revenue.- Gmgn.ai flipped Axiom Exchange in 24-hour revenue.- Avalanche Summit NYC is set for September 16-17, 2026, focused on onchain finance, institutional adoption, and real blockchain use cases.If you enjoyed this daily roundup, make sure to follow me, I'll see you tomorrow!$BTC $SPY $GLD $SILVER $PUMP PS… Want the complete shortcut ding altcoins with precision (without wasting months on trial-and-error)?Clere to grab the Altcoin Profit Toolkit — 8 structur$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