Th 13/8 | Daily Crypto & Macro News

Happy Thursday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:🚨 Major Headlines & Market Moves 🚨- Us inflation falls to 3.4%.- The Us budget deficit surges to $432 billion in July, the highest level in 5 years and up 48% over the past year.- Interest expense on Us public debt hit $1.37 trillion over the last 12 months, another record high.- Goldman Sachs acquires Neos, including $1 billion in their Bitcoin high income Etfs.- There’s now a 69% chance Bitcoin will be above $65,000 this month, according to Polymarket.- The number of Bitcoin holders continues to rise, according to Grayscale.- Bitcoin is now trading in its cost of production zone, typically the sign of a bear market bottom.- Swiss National Bank discloses a 736,300 share stake in Strategy valued at $72.4 million $MSTR.- Sec prepares an innovation exemption to allow 24/7 blockchain trading of tokenized stocks.- Elon Musk’s Spacex is now up 40% over the past 5 days, adding $530 billion to its market cap.- South Korea’s Kospi surges more than 22% from its July 30 low.- Goldman Sachs says weak Us data or a Boj miss could trigger new yen intervention.- Tencent Q2 revenue rose 11% year over year to 205 billion yuan, while Capex jumped 176%.- President Trump says the Us has total control over the Strait of Hormuz and plans to keep it.- Iran calls for Us Congress to investigate President Trump and his family over alleged war-related insider trading and stock market manipulation.- China’s Deepseek launches a Harness team to build Ai agents rivaling Anthropic’s Claude Code.- China-linked hackers used Ai agents to launch a cyberattack against Taiwan.- Tariffs are being refunded but companies are keeping the higher prices.📊 Altcoin Market Updates 📊- Fidelity plans to enable staking and quarterly cash payouts for its spot Ethereum Etf.- Solana network hit 86% toward a halt after a routing default, with 28.83% of staked Sol delinquent.- Official Shib X account followed the Babyshib account as Babyshib gains traction with support from original Shib members.If you enjoyed this daily roundup, make sure to follow me, I’ll see you tomorrow!$BTC $SPY $QQQ $SMH $OIL PS… Want the complete shortcut ding altcoins with precision (without wasting months on trial-and-error)?Clere to grab the Altcoin Profit Toolkit — 8 structur$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