The Daily Flight🦉

• Crypto Majors Fall As Stocks Continue To See Record Prices

  Bitcoin falls to under $115K while the S&P 500 grows to new highs near 6,390

• Stimulus Checks May Soon Be Coming To Low Income Americans

  Trump considers issuing tariff‑funded rebate checks to some Americans

• U.S. Margin Debt Breaks $1T For First Time Ever

  Investor margin borrowing jumps past $1 trillion in June, signaling elevated risk

• Japan Sees Weakest Bond Demand in 14 Years

  Japan’s economy suffers as bond market shows record low demand

• Existing Home Sales Drop To Lowest Level in 9 Months

  U.S. home sales drop as market prices continue to rise

• U.S. Auto Loan Delinquencies Grow To Peak Levels
  U.S. auto loan delinquency crosses 5% for first time in history

• Venmo and PayPal Let Americans Donate Toward $36.6T Debt

  Americans can now Venmo or PayPal contributions towards national debt

• BlackRock’s Head of Crypto Leaves To Join ETH Treasury Company

  Joseph Chalom joins SharpLink as Co-CEO to expand company’s ETH reserve

• JPMorgan Says Stablecoin Integrations Are Coming
  JPMorgan director says stablecoins are coming to traditional finance

• DOJ Looks Into Dragonfly Over Tornado Cash Connections
  Dragonfly is now under investigation for ties to tornado cash

• Vietnam Reveals National Blockchain

  Vietnam expands blockchain joining global infrastructure movement

• Strategy Looks To Raise $2.47B From Latest Stock Offering
  Strategy announces latest financing to fund Bitcoin purchases

• Windtree Therapeutics To purchase Over $500m $BNB
  U.S. company Windtree announces $520m $BNB token reserve strategy

• Public Companies Continue To Load Up on Bitcoin

  Public companies now hold 4.2% of BTC supply, a 35% increase in one quarter

• Christie’s Announce Real-Estate Auction For Crypto Buyers
  Christie’s announces luxury real estate now available using cryptocurrency

• Collectors Flock To PSA Booth For Exclusive Vibes TCG Promo

  Massive lines form at SDCC as collectors look for Vibes PSA promo

• Pump Fun’s Launchpad Marketshare Drops To Just 12%

  Pump Fun loses momentum as competitors capture trading volume

• Kaito Announces Their Capital Launchpad is Now Live
  Kaito AI has released the first interation of their capital launchpad

• Otherside Previews Upcoming Game Play From Bathroom Blitz
  Otherside teases gameplay trailer of new action game on apechain

• Base App Sends Out First Weekly Creator Rewards To Users Wallets
  Base App sends +$10,000 split amongst creators on base network

• Moonbirds Announce Discord Revamp Including Matrica Migration
  Moonbirds community discord sees new face lift and NFT verification process

⬇️ Help us stay ad-free & share below! ⬇️