The Daily Flight🦉

• Bitcoin Breaks Out To Record Highs Over $118,000

  Markets remain strong as crypto extends gains and stocks settle around ATHs

• U.S. Sees Rare Budget Surplus Following Recent Tariffs

  The U.S. saw a $27B surplus in June for the first monthly increase since 2005

• Chairman of Federal Housing Says Jerome Powell May Resign

  William Plute issues statement saying the Fed Chair is considering resignation

• Canada Delays Retaliatory Tariffs on The U.S.

  Canada pauses U.S. tariffs as countries look to establish long term trade deal

• U.S. Treasury Bonds Head For Worst Decade Ever Recorded

  Treasury yields are back on the rise as the performance of U.S. bonds worsens

• SharpLink Gaming Acquires 10,000 ETH From The Ethereum Foundation

  SharpLink completes OTC deal directly from the EF at an ETH price of $2,572

• Crypto ETFs Record Second Largest Day of Inflows

  BTC ETFs saw $1.18B in net inflows yesterday with ETH ETFs recording $383M

• Upexi Announces $200M in Financing To Purchase Solana

  The public company leans further into Solana with new raise led by Big Brain VC

• Bitcoin Flips Amazon in Total Market Cap

  Bitcoin becomes the 5th most valuable asset in the world after passing $AMZN

• GMX Has $42M Returned From Recent Exploit

  Exploited funds have been returned by the attacker after a $5M bounty was paid

• $IBIT Becomes Faster ETF To Ever Reach $80B AUM

  BlackRock’s Bitcoin ETF hits $80B in 374 days, 5x faster then the former record

• Michael Saylor & Strategy Reach $28B in Unrealized Profits

  The company’s all-in bet on Bitcoin has paid off with a current profit of $28B

• Coinbase Rocks Pudgy Penguins PFP After Announcing New Hire

  Coinbase reveals custom Pudgy profile & hires former Binance community lead

• DDC Enterprise & Animoca Brands Team Up For $100M Bitcoin Strategy

  Animoca Brands will provide up to $100M in Bitcoin to fund DDC yield strategies

• Ethereum Foundation Sells $3.5M Worth of ETH

  A wallet linked to the EF has sold 1,210 ETH to go along with recent OTC deal

• Zerohash Set To Raise $100M For Crypto Infrastructure

  Zerohash raises at a $1B valuation to help companies integrate crypto services

• Rumble Partners With MoonPay For New Crypto Wallet

  MoonPay will now power the Rumble Wallet as it gets set to launch in Q3 2025

• German Government Misses Out on $3B of Bitcoin Profits

  Germany fumbles Bitcoin after selling 50,000 tokens at $54K earlier this year

• Yuga & Animoca Brands Call For $APE Treasury Company

  Yuga CEO & Chairman of Animoca share hopes for $APE treasury company

• Pump Fun ICO Takes Place Tomorrow

  Traders prepare for $PUMP as premarket trading has token sitting at $5.5B FDV

• Plasma Announces Public Sale on July 17th

  Plasma will go live with their public sale next week after securing $1B in deposits

• Pudgy Penguins Tease Biggest Collaboration Yet

  Pudgy CCO makes new post saying a major partnership is currently in the works

• Tether To End USDT Redemptions on Several Blockchains

  USDT on Algorand, Bitcoin Cash, & more will be frozen as of September 1st

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