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The Daily Flight🦉

📈 Daily Market Movers 📉

📰 Macro Headlines 📰
Markets Extend Gains With Prices Near Record Highs
Bitcoin settle at $110K while the S&P 500 now sits roughly 2% off all-time highs
U.S. & Mexico Near Deal on Tariffs
The countries are close to a deal that would end 50% tariffs on steel imports
World Bank Sides With Trump Over Global Tariffs
World Bank downgrades global economic growth & says U.S. is treated unfair
Prices Soar For Silver & Platinum
Silver touches highest price since 2012 as platinum extends to a 4-year high
New Data Shows Widening Gap Between Top 1% & Middle Class
The top 1% of U.S. earners now hold more wealth than the entire middle class
Rumors Circulate of Potential Nominee For New Fed Chair
White House denies report of U.S. Treasury Secretary being a pick for Fed Chair
U.S. & China Wrap Up Trade Talks in London
U.S. Commerce Secretary says talks went well as sides look to make a deal
Stock Volatility Continues To Fall Amid Upward Price Action
CBOE Volatility Index has dropped 63% in 9 weeks for largest decline ever
Sugar Prices Reach Lowest Level Since 2021
Asset prices around the world see major price swings as Sugar hits 4-year low
₿ Crypto Current Events ₿
Solana ETF Could See Approval in 3-5 Weeks
SOL may become the next crypto ETF as the SEC also seems open to staking
Ethereum Outperforms As Prices Look To Break Out
ETH touches highest price since February as Ethereum starts to gain traction
Polymarket Brings xAI to Prediction Markets
Polymarket will now provide data from X along with AI analysis from Grok
Big Names Share High Hopes For Bitcoin
$800B asset manager eyes $200K while CNBC says Bitcoin’s primed for ATHs
Synaptogenix Announce Plans For Bittensor Treasury
The company will look to acquire up to $100M worth of $TAO with new AI focus
South Korea Looks To Legalize Stablecoins
New legislation has now been proposed to allow stablecoins in South Korea
Altcoins & Memes Begin To Show Strength
SPX, HYPE, REKT, & more all see record prices as markets start to take off
Staked Ethereum Reaches New All-Time High
Nearly 30% of all circulating ETH is now staked as total reaches 34.65M ETH
SEC Acknowledges SUI ETF Filing
A formal review is now underway as the SEC acknowledges 21Shares Sui filing
Siebert Looks To Raise $100M For Crypto Purchases
The company will use the raised capital to invest in BTC, ETH, SOL, AI & more
Crypto Funds Hit All-Time High in AUM
Total net assets in crypto funds hits almost $170B as institutional demand rises
GameStop Confirms Bitcoin Purchases in Latest Filings
GameStop has cash equivalents of $6.4B with 4,710 BTC bought since May 3rd
Thruster Announces End of Operations on Blast
Leading protocols on Blast are now shutting down as Thurster winds down DEX
Fortune 500 Companies Shift Focus To Blockchain
Coinbase says 60% of Fortune 500 companies are now integrating blockchain
Cardano Founder Looks To Integrate Bitcoin DeFi
Cardinal will look to offer Bitcoin staking & lending for users on Cardano
Japanese Fashion Brand Plans For 1,000 Bitcoin Treasury
ANAP Holdings says they now plan to hold over 1,000 Bitcoin by August 2025
French Bank To Launch Native Stablecoin
Societe Generale will launch ‘USD Coinvertible' on Ethereum and Solana
U.S. Investment Firm Partners With Ripple
Guggenheim will now use XRP as the chain for their digital debt products
Decentralized Exchange Usage Continues To Grow
DEX-to-CEX spot volume ratio breaks 35% for highest monthly level in history
Flipcash Reveals New Payments App on Solana
Digital Cash arrives on Solana as an easy way to transfer money between peers
Pudgy Penguins Give First Look At PEZ Candy Collab
Pudgy expands partnerships & teases upcoming drop with famous candy brand
Polymarket Introduces Hourly Crypto Predictions
Polymarket users can now bet on the hourly price action of Bitcoin & Ethereum
‼️ Rewards, Tokens, & Events ‼️
Consumer Inflation Data Set To Be Released Tomorrow
CPI inflation for May will be shared tomorrow as markets prepare for volatility
Pengu Clash Plans For Launch on June 18th
The long-awaited Telegram game from Pudgy Penguins arrives next Wednesday
Azuki Opens Official Telegram Channel
Azuki expands community to Telegram with new channel for updates & drops
Pudgy Penguins Release Latest Episode of Building in Public
Pudgy shares new behind the scenes moments from when $PENGU launched
Meebits Partner With mmERCH For NYC Event
Meetbits will be in NYC on June 25th as RSVPs for the event are now open
Registration Opens For World Series of Abstract
Users can now sign up to participate in the upcoming poker event on Abstract