The Daily Flight🦉

• Markets Continue To Slide As Bitcoin Falls Below $115K

  Prices quickly drop as stocks and crypto both end the day red across the board

• U.S. Announces New List of Reciprocal Tariffs

  Trump raises tariffs on several countries including Canada, Switzerland, & more

• Microsoft Extends Gains To Surpass $4T Market Cap

  MSFT soars after impressive earnings to become the second ever $4T company

• U.S. & Mexico Agree To Extend Tariff Agreement

  The countries have agreed to extend the current trade deal for 90 more days

• U.S. Treasury Buys Back $2B of National Debt

  The U.S. has bought $2B of government securities as the total debt sit at $36T

• Trump Orders Pharmaceutical Companies To Cut Prices

  Trump has given companies 60 days to drop prices before facing consequences

• U.S. Announces New Tariffs on Wine & Spirits

  All imported wine & spirits from the E.U. will face a 15% tariff as of August 1st

• SEC Announces Historic Move To Bring Markets Onchain

  Project Crypto gets introduced as a new initiative to modernize financial markets

• New SEC Chair Says Most Crypto Assets Aren’t Securities

  Paul Atkins says most crypto assets don’t currently fall under SEC oversight

• Strategy Reveals $10B in Q2 Profits With Plans To Raise Another $4.2B

  Strategy shares insane Q2 profits as the company files for a new $4.2B offering

• Ethereum Reveals New Goals For The Future

  Ethereum shares 10-year plans with goals of 10K TPS & quantum resistance

• Mill City Ventures Makes First Purchase For SUI Treasury

  Mill City purchases 76M SUI for $277M in an OTC deal with the Sui Foundation

• Coinbase Plans To Launch Tokenized Stocks & Prediction Markets

  Coinbase shares upcoming product launches along with $1.26B in BTC holdings

• Former OpenSea Employee Has Fraud Charges Overturned

  Nate Chastain avoids insider trading charges and calls out OpenSea CEO

• The Ether Machine Enters Top 3 Holders of ETH

  The company recently bought 15,000 ETH to surpass the Ethereum Foundation

• New SEC Looks To Make U.S. Crypto Markets More Accessible

  The SEC turns a new leaf as they look to promote airdrops to U.S. users & more

• Tether Discloses Massive Q2 Profits

  Tether reveals $4.9B in Q2 profits as they sit on $127B worth of U.S. treasuries

• Visa Integrates Supports For Several Stablecoins

  Visa announces new partnerships for stablecoins like USDC, USDG, & EURC

• Yuga Has Big Day With $200K Otherside Sale

  Otherside #67722 recently sold for 200 ETH ($750K) as ecosystem heats up

• Circle Brings USDC To Hyperliquid

  USDC is now available on Hyperliquid as the DEX expands stablecoin options

• Stable Announces $28M Seed Round For USDT Blockchain

  Stable reveals a new raise led by Bitfinex to build a chain for USDT payments

• Pudgy Penguins Take Over Homepage of Brave Browser

  Pudgy gets seen by 90M users as they gets featured on Brave’s home screen

• Memeland Introduces Meme Money Markets With New Token Launchpad

  Moonit is now live with auto-deployed memes, no devs, & several big partners

• Proof of Play Releases New Game on Desktop & Mobile

  Infinite Tides is live on Abstract as Proof of Play shares new way to earn XP

• Meteora Opens Points Checker For Season 1 Rewards

  Users can now check their Season 1 points allocations as Season 2 continues

• Dogwifhat Meme Announces Auction For Physical Hat

  The famous hat from the $WIF memecoin with go on auction starting August 5th

• Base Announces New Distribution of Creator Rewards

  Base app sends out USDC rewards with over 2,900 creators receiving money

• Doodles Preview Upcoming Telegram Game & Text-To-Video AI Model

  Doodles UP arrives in early August as a new AI model is also in the works

• OpenSea Removes Bots From Current Rewards System

  OS shares update saying bans are going out for accounts abusing rewards

• Myriad Markets Launches on Linea

  The popular prediction market has now expanded operations to be live on Linea

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