The Daily Flight🦉

• Markets Rebound Following Trump & Elon’s Public Dispute

  Stocks hit highest levels in months as Bitcoin recovers after a near fall to $100K

• S&P 500 Closes Above 6,000 For First Time Since February

  Stocks end the day green with another strong session as prices approach ATHs

• Employment Data Shows Healthy Jobs Market

  The U.S. added 139,000 jobs in May to beat expectations for 3rd straight month

• U.S. Treasury Completes Largest Buyback in History

  The U.S. just bought back $10B of its own debt after latest Treasury operation

• U.S. & China Set To Have Meeting on Monday

  Representatives from the U.S. & China will now meet in London to discuss trade

• Trump Calls To Cut Interest Rates By 1%

  U.S. President says the Federal Reserve “is a disaster” & looks for 100 bps cut

• Congress Introduces Bill To Audit U.S. Gold Reserves

  Thomas Massie proposes new bill to see how much gold the U.S. currently owns

• Trump Prepares To Cancel Federal Funding To California

  Reports say Trump is planning to cut costs around funded research in California

• Trump Media Files To Raise $12B

  Trump Media looks to raise $12B after recently announcing a Bitcoin Treasury

• Major Tech Companies Explore Stablecoin Integrations

  Apple, X, & Airbnb begin to consider stablecoins as a potential payment method

• World Liberty Financial Partners With $TRUMP Team After Initial Clash

  Eric Trump announces $TRUMP partnership days after threatening legal action

• Strategy Increases Latest Stock Offering To $1B

  Strategy raises stock offering from $250M to $1B in order to fund Bitcoin buys

• Polymarket Becomes Official Prediction Market of X

  X (formerly Twitter) partners with Polymarket to expand on prediction markets

• Gemini Files For IPO in The U.S.

  Another big crypto company looks to IPO as Gemini submits S-1 with the SEC

• MetaPlanet To Raise $5.4B For More Bitcoin Purchases

  The Japanese company looks to hold 210,000 Bitcoin by 2027 with new raise

• Pudgy Penguins Tease Idea of Potential IPO

  Luca comments “💡” under a new post suggesting Pudgy should go public

• Hyperliquid Experiences Major Phishing Attack

  Over 1,200 addresses have assets stolen after a phishing scam hits Hyperliquid

• Pump Fun Considers Revenue Share With Token Holders

  A Pump Fun airdrop has hit the rumor mill as users hope for upcoming rewards

• Bitfinex & Tether Reveal Upcoming L1 Chain

  Stable will use USDT as the gas token with transfers between peers being free

• World Liberty Financial Advisor Publicly Shorts $TRUMP

  An advisor for WLF recently shorted $1M worth of $TRUMP on 10x leverage

• Circle Extends Gains After Historic IPO

  $CRCL now trades almost 4x its IPO price as Ark discloses over $373M shares

• U.K. Lifts Ban on Crypto ETNs

  ETNs (similar to ETFs) will now become tradable for retail investors in the U.K.

• Songcoins Look To Replace Music NFTs

  Coop Records begins tokenizing viral songs with trading now available on Base

• Abstract Reveals Update To Increase Transaction Speed

  Abstract continues to ship updates as transaction speed reaches 1-2 seconds

• Know Labs Announces Bitcoin Treasury

  The tech company has revealed plans for a Treasury starting with 1,000 BTC

• Bitcoin ATM Operator Looks To Sell Business For $1B

  The second-largest crypto ATM company, CoinFlip, now looks to sell for $1B

• Hasbulla Launches Bundled Memecoin

  Internet celebrity drops $BULLA with 98% of supply held in connected wallets

• Vibes TCG Reminds Players To Connect Wallets

  Any players with the Dummy Thicc role should connect their wallets for rewards

• Pudgy Penguins Acquires $PENGU Ticker on Hyperliquid

  Pudgy secures PENGU on Hyperliquid as community speculates what’s next

• Myriad Launches New Market Feeds on Discord & Telegram

  Myriad prediction markets can now be viewed directly in Discord and Telegram

• Pudgy Penguin’s Mobile Game Expected To Launch in August

  Pudgy Party Battle Royale is now planning to launch for IOS on August 29th

• Rekt Drinks Concludes Season 3 of Rewards

  Season 3 of Rekt Rewards is now over as NFTs are redeemed for latest release

• ApeChain Holds Collectibles Mint For Cool Kicks

  A limited edition patch is now available for users after signing up with an email

• World Series of Abstract Begins Poker Tournaments

  8 weeks of poker takes place on Abstract with mini games & a Mega Main Event

• BONK Introduces Hackathon For Token Launches

  Teams will launch tokens on letsBONK and compete for the highest market caps

• $HYPE Trading Goes Live on Binance U.S.

  Hyperliquid gets listed on Binance U.S. as the onchain DEX sits near $35B FDV

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