We 17/6 | Daily Crypto & Macro News

Happy Wednesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:🚨 Major Headlines & Market Moves 🚨The U.S.-Iran deal allows Tehran to immediately sell oil, with the signing scheduled to take place in Switzerland on Friday. President Trump has reiterated the agreement and stated the U.S. aims to secure the nuclear material from Iran.Iran has threatened Israel with a hard response if attacks on Lebanon continue.Recession odds for this year have dropped to 11% per Kalshi traders.SpaceX ($SPCX) surpassed Microsoft to become the 4th largest by market cap at $2.96 trillion and then Amazon to 5th place. Elon Musk’s personal net worth now exceeds Bitcoin’s entire market capitalization ($1.4 trillion vs $1.3 trillion). Analysts caution this reflects peak mania, citing SpaceX’s $19 billion sales and net loss against peers’ much higher profits.BlackRock’s $14 trillion Bitcoin Premium Income ETF is now live and trading. The firm’s Chief Investment Officer stated Bitcoin is ultimately going considerably higher.Strive has acquired more than 249 BTC in a single day.Binance faces the loss of permission to offer services to EU clients after its Greece licence application was set to be rejected, though Binance affirms it remains committed to European users and will continue operating legally under MiCA.Coinbase announced the launch of the first real 1:1 backed tokenized U.S. stocks, allowing onchain ownership, trading, holding, redemption and automatic dividends for eligible users outside the United States.The Dow Jones Industrial Average crossed above 52,000 for the first time in history.The Bank of Japan hiked its policy rate by 25 basis points to 1.00%, the highest since 1995.The Federal Reserve is holding interest rates steady at 3.50–3.75%.Anthropic reached a reported $965 billion valuation but had to switch off its frontier models due to a U.S. export-control directive.📊 Altcoin Market Updates 📊Dubai’s DMCC signed a strategic deal with Tether ($USDT issuer) to expand blockchain, digital assets and tokenized finance.Backpack’s tokenized $SPCX on Solana surpassed $100 million in 24-hour volume, becoming the highest-volume stock in Solana network history and flipping Hyperliquid’s $HYPE in 24h spot volume. HyperliquidX hit a record 8.4% share $HYPE aggregate perp open interest vs centralized exchanges. $HYPE flipped $SOL in price $SPCX perps on Hyperliquid exceeded $1 billion in 24h volume.Coinbase’s tokenized stocks launch highlights the growth of onchain equity trading, with Solana-based platforms already delivering high liquidity and volume for tokenized assets.If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.$BTC $SPY $QQQ $OIL 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