Tu 28/7 | Daily Crypto & Macro News

Happy Tuesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:🚨 Major Headlines & Market Moves 🚨South Korea's Kospi stock market crashed over 7.5%, triggering a circuit breaker and a trading halt.Bitcoin fell back under $64,000 as $100 million was liquidated from the crypto market in the past 60 minutes.Citadel Securities expects the Federal Reserve to raise interest rates this week in a surprise move.President Trump said interest rates should be lowered and noted that “very friendly” talks are ongoing with Iran.Franklin Templeton, managing $1.7 to $1.8 trillion in assets, announced support for the Clarity Act and called on the US Senate to pass it.Coinbase expects a crypto Clarity Act vote as early as Monday, August 3rd. Coinbase’s Chief Policy Officer described the bill as extraordinarily bipartisan and ready for final action.Charles Schwab’s Head of Crypto Research said Clarity Act passage is “not being priced into Bitcoin here” and that it could reignite upward momentum and institutional adoption narratives.Sen. Jon Husted and Sen. Dave McCormick both voiced strong support for the Clarity Act, with McCormick stating the time for delay is over and calling for a Senate floor vote.Bitcoin long-term holder supply climbed to an all-time high of 14.85 million BTC at the end of Q1, according to Ark Invest.Memory-chip maker Cxmt surged 466% on its first trading day to a $484 billion valuation, becoming the most valuable company listed in mainland China after an IPO that left nearly $40 billion on the table.The 30-year US Treasury yield ended last week at 5.17%, its highest weekly close since July 2007.Jim Cramer said he still owns Nvidia and won’t trade it, calling the recent sell-off “absurd.”SpaceX has lost the equivalent of Tesla’s entire market capitalization, according to Cnbc.Microsoft launched an AI cybersecurity system that acts as both attacker and defender to find vulnerabilities before hackers can exploit them.📊 Altcoin Market Updates 📊Grayscale said $HYPE Etf flows have been accelerating relative to Bitcoin, Ethereum, Solana, and Xrp on an asset market-cap basis, noting it is off to a stronger start than those assets at the same point in their lifecycle.Stable claimed it is operating normally and continues to produce blocks, with transaction volume increasing by more than 700% over the past two days, causing some Rpc mempools to reach capacity.Coinbase introduced “Launches,” allowing users to trade Base and Solana tokens as soon as they go live onchain.Robinhood Chain assets deposited into applications have surpassed $600 million, up 50% in the past week. Irisapp launched limit orders on the chain, and $Cramer launched on it amid unverified rumors of ties to Cramer’s team. Pons captured 80% of daily Robinhood Crypto chain launchpad token volume.Trading app Fomo hit a new all-time high in weekly revenue.$Cate rallied after a Tesla-linked account posted and tagged its X account.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 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