Mo 13/7 | 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 🚨- The U.S. military launched strikes on Iranian Revolutionary Guard assets near the Strait of Hormuz.- Iran said the Strait of Hormuz is closed until "stability is restored."The US said the Strait of Hormuz is open to all vessels.- Brent crude oil surged over 4%- President Trump personally earned more from crypto than every publicly traded U.S. crypto company, according to corporate filings.- The House will hold a hearing on the Crypto Clarity Act this Friday.- Odds of a recession this year have fallen below 10 percent per Kalshi traders.- Eric Trump’s bitcoin mining bet has erased more than 600 million dollars from his family’s fortune.- Washington’s ongoing budget approach has driven the national debt up by 3.2 trillion dollars in one year.- Michael Saylor hinted at another major Bitcoin announcement and further purchases.- Robinhood Chain has become the number two DEX by 24-hour volume, surpassing BNB Chain, Polygon, and Hyperliquid combined, and flipping Ethereum in DEX volume.📊 Altcoin Market Updates 📊- The SHIB team is rumored to have significant plans to support Hoppy after it became the second memecoin listed on Robinhood.- Robinhood Chain is now supported on the Backpack wallet.- Cashcat perpetual futures on Hyperliquid experienced a sharp wick down of over 50 percent.- Phantom wallet users reported degraded performance with sends and swaps.If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.$BTC $SPY $QQQ $OIL $HOOD 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