The Daily Flight🦉

• Markets Rebound As Ceasefire Is Reached in The Middle East

  Stocks & crypto both bounce back strong as Iran and Israel agree to end war

• Key Economic Data Set To Be Released This Week

  The U.S. will share data this week on Q1 GDP, May inflation, housing, & more

• Chinese Property Market Experiences Major Blow

  China has now lost an estimated $18T since 2021 due to recent housing decline

• U.S. Dollar Nears New Local Lows

  U.S. Dollar Index (DXY) continues to fall as levels now return to 3-year lows

• Odds of July Rate Cuts Quickly Jump

  July interest rate cuts increase to 23% after seeing a 50% rise over the weekend

• VanEck & Pudgy Penguins Ring Nasdaq Opening Bell

  VanEck brings Pengu to the Nasdaq as they celebrate RWAs and tokenization

• Texas Passes Strategic Reserve Bill

  Texas becomes the first state to purchase Bitcoin with plans to allocate $10M

• Federal Reserve Removes Anti-Crypto Banking Rule

  A ‘repetitional risk’ has been removed for banks looking to integrate crypto

• BNB Begins To Gain Institutional Demand

  Former hedge fund executives now plan to raise $100M to start purchasing BNB

• Fiserv Launches Stablecoin Platform on Solana

  Major fin-tech company reveals new plans for their own stablecoin & platform

• FC Barcelona Introduces Official Digital Wallet

  Popular soccer club creates new digital wallet to help improve fan experiences

• ChainSawNFT Experiences Ongoing Contract Exploit

  Matt Fury has numerous collections quickly drop as hacker mass mints NFTs

• OKX Considers IPO After U.S. Expansion

  The crypto exchange is said to be exploring IPO plans after rejoining US market

• Circle Stocks Flips USDC in Market Cap

  CRLC has another big day while surging to over $260 & breaking $63B MC

• Sequans Communications Announces $384M Bitcoin Treasury

  NYSE-listed company now shifts goals towards BTC with news of $384M raise

• Metaplanet Purchases Another $111M Bitcoin

  The public company now brings holdings to 11,111 BTC with latest acquisition

• Strategy Announces Purchase of $26M Bitcoin

  Michael Saylor is still buying Bitcoin as Strategy’s add 245 BTC to their treasury

• Trezor Reveals Exploited Contact Form

  Users received scam emails after the hardware wallet had their website hacked

• GTE Announces $15M Series A Led By Paradigm

  GTE raises at $160M valuation to build a Global Token Exchange on MegaETH

• DeFi Dev Corp Plans To Tokenize Stock on Solana

  Kraken will list DFDV as the first crypto treasury company with a tokenized stock

• Binance Launches Several New Features

  Binance adds Locked Addresses & Concentration Metrics to help transparency

• ZachXBT Exposes Social Engineering Scammer

  Blockchain researcher shares new details behind a NY resident who stole $4M

• Vibes TCG Prepares For NYC Event Tomorrow

  Vibes will be in NYC on June 24th from 5:00-8:00pm EST for food & games

• Luckio Reveals New Airdrop For Solana Users

  All Solana addresses are now eligible for $5-$1,000 depending on their activity

• VeeFriends Open Comic Book Sales & Tease Upcoming Announcement

  Comic Book #3 is now available as VeeFriends also preview news on June 25th

• Pudgy Penguins Share First Look At Upcoming PEZ Partnership

  Pudgy shows off samples for PEZ candy dispensers that will be released soon

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