The Daily Flight🦉

Nick ‎
August 22, 2025

📈 Daily Market Movers 📉

Markets Surge After Jerome Powell’s Speech at Jackson Hole
ETH & SOL lead crypto majors while stocks add over $1T to total market cap
U.S. Inches Closer To Rate Cuts in September
Odds of September rate cuts return to over 90% as Fed signals a shift in policy
Canada Looks To Amend Relationship With The U.S.
Canada is now removing certain U.S. tariffs as a way to further negotiations
U.S. Government Takes Stake in Intel
The U.S. now owns a 10% stake in Intel ($INTC) after recent tariff negotiations
Donald Trump Plans To Fire Fed Governor
The President now says he will fire Lisa Cook if the Fed Governor doesn’t resign
U.K. Sees Highest Bond Yield in Over 25 Years
The British bond market continues to struggle as the 30-year yield hits 5.61%
China Backs India’s Opposition To U.S. Tariffs
China is now siding with India as they both challenge Trump’s latest tariffs

Ethereum Hits New All-Time High
ETH claims record highs over $4,880 as price more than doubles in 2 months
Grayscale Files For Spot XRP ETF
Ripple looks to become next crypto asset to land an ETF as Grayscale files S-1
Head of IRS Crypto Unit Announces Resignation
Trish Turner steps down from the IRS to become tax director at CryptoTaxGirl
VanEck Files For First Ever Liquid Staking Solana ETF
A new S-1 has been filed for a JITOSOL ETF backed by liquid staking tokens
Total Crypto Market Cap Reclaims $4 Trillion
The value of all crypto assets has re-surpassed $4T following today’s gains
Phillippine Congress Proposes Strategic Bitcoin Reserve
A new bill has been proposed for the purchase of 10,000 BTC over 5 years
SharpLink Gaming Authorizes $1.5B Stock Buyback
The ETH treasury company is now approved to buyback up to $1.5B SBET
E.U. Further Plans For Stablecoin Launch on Ethereum & Solana
The E.U. is looking to expedite stablecoin plans following the U.S. GENIUS Act
BNB Breaks All-Time Highs & Lands $100M Treasury Company
China Renaissance will buy $100M BNB as the token hits new ATH over $900
UAE Airlines Adds Crypto To Payment Options
Travelers can now book flights with UAE Airlines using BTC, ETH, & USDT
Wormhole Foundation Makes Official Offer For Stargate
Wormhole outbids LayerZero with an offer of $120M USDC to acquire Stargate
XCOPY See Major NFT Sale For $475,000
The popular digital artist recently sold “Death Wannabe” for 475,000 USDC

Vibes TCG Announces Start of Season 3
Ranked play for Vibes online continues with the expansion of Legend of the Lils
$WLFI Token To Become Tradable on Ethereum in September
Users can activate lockboxes August 25th with trading & claims September 1st
Pudgy Penguins CEO Teases Nintendo Switch Game
Luca Netz shares latest news with hint of a Nintendo Switch game coming soon
Ondo Global Markets Go Live September 3rd
Ondo brings stocks & ETFs to Ethereum with global trading on September 3rd