Degen

Gm Degens!

If you missed the past 24 hours in crypto and stocks, here's your full recap:

🚨 Major Headlines & Market Moves 🚨

→ CrowdStrike ($CRWD) dropped -5% although reporting strong earnings beat (EPS $0.73 vs. $0.66 est), but a slight revenue miss.
→ Circle (USDC issuer) launched its $1.05B IPO today, offering 34M shares at $31 on the NYSE. The upsized offering reflects strong demand for crypto infrastructure and stablecoin legitimacy.
→ European stocks saw a cautious rebound: DAX +0.9%
→ Vitalik Buterin moved $2M in ETH + USDC via Railgun, spotlighting privacy protocols and triggering a +60% jump in RAIL.
→ U.S. macro data (jobless claims/trade balance) due later today may stir markets, with volatility expected across equities and crypto.

Creator of the Panic Drop Newsletter

https://panicdrop.substack.com/

📊 Altcoin Market Updates 📊

→ USDC led mindshare thanks to Circle’s IPO and renewed institutional interest in stablecoin adoption.
→ Ethereum (ETH) trades right below $2700, and holds ground against Bitcoin.
→ Dego Finance (DEGO) plunged –49% as whales dumped into thin order books, triggering over $650K in liquidations.
→ SPX6900 climbed +10.4% to $1.20, continuing its upward trend with a 21.1% gain over the past week.

If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.