The Daily Flight🦉

• Gold Plummets While Stocks & Crypto Continue To Chop

  Bitcoin touched $114K today as the S&P 500 remains flat near all-time highs

• Gold Sees Largest Single-Day Decline Since 2013

  Spot gold fell over 6% on the day as overall market cap drops by $1.75T

• Trump Makes New Comments Around Federal Reserve & China

  Trump says Fed Chair will be leaving soon & that China tariffs will rise to 155%

• OpenAI Introduces New Browser With ChatGPT Atlas

  ChatGPT expands usage as OpenAI releases native browser with AI integration

• Credit Card Delinquencies Reach Highest Level Since 2011

  Unpaid credit card balances hit a 14-year high as consumers struggle with debt

• Coinbase Acquires Investment Platform Echo For $375M

  After buying the UpOnly NFT for $25M, Coinbase makes acquisition of Echo

• Federal Reserve Considers Opening Payment Rails To Crypto Firms

  The change would allow stablecoin providers access to the Fed payment rails

• BlackRock Launches Bitcoin ETP In The UK

  iShares BTC ETP is now available for trading in the UK with a massive first day

• Solana Memecoin Slerf Sends Out $10M in Refunds

  Slerf has refunded over 53,000 SOL after previously burning presale allocations

• Kadena Decides To Shut Down Operations

  $ADA quickly falls towards zero after the L1 chain ends ongoing maintenance

• Speculation Ensues As Popular Entities Move Large Amounts of Crypto

  SpaceX moves $270M BTC while Ethereum Foundation transfers $650M ETH

• Tether USDT Reaches 500M Global Users

  Stablecoin adoption sees steady growth as USDT reaches half a billion users

• Coinbase Says Private Transactions Are Coming To Base

  Privacy continues to be a topic in crypto as Base works on private transactions

• Investors Convert $3B Bitcoin To BlackRock ETFs

  More BTC is converting into BTC ETFs as investors favor access to brokerages

• Solana Mobile Ends Support For First Generation Phone

  Solana Sagas will no longer receive updates as attention shifts to Seeker phone

• Limitless Releases Tokenomics For $LMTS

  $LMTS will have a supply of 1B tokens with 24% going to airdrops & incentives

• $FUN Presale Goes Live With New Release From Matrica Labs

  dm.fun looks to replace telegram groups with chats, trades, & memes on Solana

• Neuko Gains Attention As Upcoming Project From Former Doodles Team

  Neuko quickly grows to over 10k X followers as early posts stir up excitement

⬇️ Help us stay ad-free & share below! ⬇️