The Daily Flight🦉

• Markets Surge As Bitcoin Reclaims $109K

  Crypto goes green across the board while U.S. stocks hit another all-time high

• Director of Federal Housing Calls To Investigate Jerome Powell

  William Plute issues statement to Congress over Jerome Powell’s political bias

• U.S. Makes Trade Deal With Vietnam

  Trump reveals new deal as Vietnam will pay 20% tariffs on all exports to the U.S.

• Odds For July Rate Cuts Jump To 25%

  Interest rates in the U.S. may be coming down as July cuts see increasing odds

• Trump’s Spending Bill May Face Challenges in The House

  Congressman Massie is now saying they have enough votes to block the bill

• U.S. Jobs Market Struggles With Declining Private Sector

  Private employers lost 33,000 jobs in June for the first decline in over two years

• Commercial Real Estate Shows Record Delinquency Rates

  Delinquencies on commercial mortgage-backed securities hits new high at 11%

• First Ever Solana Staking ETF Has Strong Debut

  REX Shares sees $12M in net inflows with $33M of volume on its first day

• Robinhood CEO Responds After OpenAI Says Tokenized Stock Isn’t Real

  Vlad Tenev says while tokens aren’t technically equity, they do offer exposure

• Celsius Proceeds With $4B Lawsuit Against Tether

  Bankrupt crypto lender says they were improperly liquidated of 39,500 Bitcoin

• Nasdaq-Listed Company Looks To Acquire $1.3B Bitcoin

  Addentax Group signs new deal to buy 12,000 BTC from an independent holder

• SEC Pauses Approval on Grayscale’s Crypto ETF Conversion

  The SEC will continue to review Grayscale’s filing after pausing latest approval

• Ripple Applies For U.S. Banking License

  Ripple looks to offer stablecoin redemptions with plans for U.S. banking license

• Coinbase Acquires Token Management Platform Liquifi

  Liquifi will now bring token distribution, vesting, & tax services to Coinbase

• PayPal Co-Founder Looks To Provide Banking For Crypto

  Peter Thiel and Palmer Luckey plan to launch a bank to serve crypto clients

• Trump Family Takes in Billions From Crypto Ventures

  The Trump family has made at least $620M with several billion in vested tokens

• BlackRock Makes Bank Off Bitcoin ETF Fees

  IBIT has passed BlackRock’s S&P 500 ETF with an annual revenue of $187.2M

• Bit Digital Raises $163M For Ethereum Treasury

  The publicly company will now transition from BTC minting to purchasing ETH

• New SEC Chair Commits To Advancing Tokenization

  Paul Atkins says “tokenization is an innovation” & hopes to advance the industry

• Aptos Launches Free Stablecoin Transfers in 20 African Countries

  Aptos partners with Yellow Card to offer gas-sponsored stablecoin transfers

• Top Belgian Bank To Offer Crypto Trading

  KBC will now allow retail investors to buy BTC & ETH directly on the platform

• Standard Chartered Offers Latest Bitcoin Prediction

  The banking giant says BTC could hit $135K in Q3 & up to $200K by year-end

• JPMorgan Explores Tokenizing Carbon Credits

  JPMorgan looks to improve the carbon market by putting carbon credits onchain

• Pudgy Penguins Recap Historic Last Few Months

  Pudgy shares latest events with ETF filings, book releases, partnerships, & more

• Vibes TCG Announces Dates For European Championships

  Vibes will be hosting their European event on October 25-26 in Rome, Italy

• Azuki Release Beta Website For Anime.com

  Anime fans can now test out Azuki’s new website to easily share latest events

• Dymension Begins Registration For Season 2

  Dymension prepares for the second round of rewards following recent success

• Jupiter Opens Claims For Active Staking Rewards

  Users who voted on proposals in Q2 can now claim their active staking rewards

• DYLI Introduces $1 Pokemon Cards

  Users can now pay $1 to reveal a random Pokemon card to either sell or keep

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