- The Daily Flight🦉
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- The Daily Flight🦉
The Daily Flight🦉
Nick
August 20, 2025
📈 Daily Market Movers 📉
📰 Macro Headlines 📰
Stocks Drop Further As Crypto Starts To Bounce
Nasdaq 100 falls 4% on the day while crypto prices begin to bounce back
U.S. Bankruptcies Surpass Pandemic Levels
446 large companies went bankrupt in 2025 to reach 12% over pandemic levels
Trump Calls For Fed Governor To Resign Amid DOJ Referral
President Trump demands Lisa Cook resigns following new criminal referral
U.S. Housing Market Experiences Slowing Activity
Homes are taking longer to sell as housing market sees slowest July in 10 years
U.K. Inflation Reaches 19-Month High
UK inflation rises to 3.8% to mark the country’s highest level in 1.5 years
Federal Reserve Releases Information on July Meeting
July meeting notes forecast steady GDP growth and higher unemployment
₿ Crypto Current Events ₿
China Considers Adoption of Yuan-Backed Stablecoin
China is now exploring the use of stablecoins after previously being anti-crypto
Crypto ETFs Begins To Experience More Outflows
ETH sees its second largest day of outflows as crypto ETFs start to cool off
Libra Memecoin Team Regains Access To $57M
A court ruling has allowed Hayden Davis & Ben Chow to keep $57M USDC
BNB Treasury Company Gets Delisted From Nasdaq
Windtree Therapeutics has been delisted from Nasdaq over non-compliance
SEC Chair Provides New Comments on Crypto Policy
Paul Atkins notes “regulatory mischief” & says most tokens aren’t securities
Bullish Announces Support For USDC on Solana
Bullish adds $USDC transfers on Solana following recent IPO & NYSE listing
Wormhole Makes Last Second Bid To Acquire Stargate
Wormhole places bid to acquire Stargate in hopes of offering a better deal
Goldman Sachs Gives Optimistic View on Stablecoins
Goldman Sachs says stablecoin markets have the potential to reach trillions
$BNB breaks $120B market cap as token surpasses Solana in total value
Air Canada’s Pension Fund Reveals Major Bitcoin Position
A $161M Bitcoin allocation marks Canada’s first large pension fund investment
Bitget Introduces RWA Index Perpetuals
Bitget launches RWA perpetual for tokenized stocks with transparent pricing
Sonic Labs Releases New $S Governance Proposal
Sonic introduces new $S proposal for an ETF, Nasdaq listing, & U.S. entity
Digital Asset Treasuries Begin To Trade Below Holdings
Empery Digital faces backlash as stock trades 24% below their BTC holdings
Proof of Play Introduces New Marketplace API
Proof of Play API now lets developers build marketplaces with crypto payouts
‼️Rewards, Releases, & Events‼️
Moonbirds Wrap Up Toobins Activation
Moonbirds conclude latest Toobins Run as community enjoy Soulbound tokens
Plasma Partners With Binance For New Onchain Yield Product
USDT on Binance Earn will now be deposited into Plasma for additional yield
Rekt Drinks Latest Drop Sells Out in One Minute
Demand for Rekt Drinks remains strong as 20,000 cans get sold in one minute
Orange Cap Games CEO Teases Upcoming News
Spencer hits the timeline at 4am and says two crazy deals were just closed
Abstract Shares New Creator Portal For Consumer Apps
Abstract introduces new tools for any creator to easily build their own apps
Azuki Opens Deposits For Luxury Watches
Users can now deposit funds for Azuki’s watch collection starting at $25,000