The Daily Flight🦉

Nick ‎
October 17, 2025

📈 Daily Market Movers 📉

Bitcoin Hits 4-Month Low As Stocks Hang Out Near All-time Highs
Bitcoin falls lower and touches $104K as the S&P 500 remains 1.5% off ATHs
Russia Asks Elon Musk To Build An Undersea Tunnel
The $65B “Putin-Trump Tunnel” would link Russia to Alaska using undersea rails
Trump Makes New Comments Around Situation With China
Trump says high tariffs won’t stay after previously threatening up to 100% tariffs
Gold Experiences Sharp Drop After Recent Explosion
Gold falls $200 off recent all-time highs for first significant pullback in months
White House Economic Advisor Comments on US Rate Cuts & China
Kevin Hassett suggests 3 rate cuts & says the US isn’t in a trade war with China

Liquidation Hit Crypto Markets With Over $1.2B Wiped Out in 24 Hours
Prices continue to fall with 300,000+ traders getting liquidated in just 24 hours
Tempo Blockchain Get Valued At $5B
The chain backed by Stripe & Paradigm has raised $500M at a $5B valuation
Bitcoin ETFs See Highest Outflows in Months
BTC ETFs saw -$530M of outflows on Wednesday with -$57M from ETH ETFs
Ripple Looks To Raise $1B To Purchase $XRP
Ripple Labs will lead a new digital asset treasury with a goal of $1B $XRP
Top Japanese Banks Plan To Launch A Stablecoin
The top three banks in Japan will launch stablecoins pegged to the Yen & USD
MegaETH Buys Backs Equity From Early Investors
MegaETH has bought 4.75% of equity & token warrants from pre-seed investors
Huobi Founder Looks To Launch $1B Ethereum Treasury
Li Lin & others aim to buy a public company and turn it into a $1B ETH treasury
Chimpers Adopt Latest TokenWorks Strategy
$CHMPSTR goes live as Chimpers plan to use token throughout the ecosystem
Arthur Hayes To Raise $250M For Crypto Company Acquisitions
Hayes’ family office will use the funds to invest $40-$75M for each investment
Swiss Gambling Regulator Files Complaint Against FIFA’s NFT Platform
GESPA says FIFA’s World Cup NFT collection is offering unlicensed gambling
Tether Releases Open Source Wallet Development Kit
Tether’s WDK allows humans & AI to build, deploy, & utilize self-custodial wallets

OpenSea Confirms $SEA Coming in Q1 2026
50% of $SEA will go to the community with 50% of revenue used on buybacks
Moonbirds Put birb. On Leading Formula Drift Car
birb. will be featured on the car of the youngest formula drift winner ever
Solana Teases Something Coming on October 20th
Solana makes new post hinting at October 20th and includes Apple Pay sound
Moonbirds Join Goodies For Upcoming Announcement
Moonbirds are the latest collection to tease something coming with Goodies