The Daily Flight🦉

• Markets Show Strength As Greed & Fear Index Hits Extreme Greed

  Bitcoin inches closer to $110K as S&P 500 breaks through new all-time highs

• U.S. Jobs Report For June Shows Overwhelming Strength

  Nonfarm payrolls add 147K jobs in June as U.S. unemployment falls to 4.1%

• Trump’s Spending Bill Passes As U.S. Deficit Shows Growing Forecasts

  Kalshi predicts the 2025 U.S. deficit to reach $40T after BBB passes the House

• U.S. Housing Market Sees Record Prices

  Inflation-adjusted prices has reached a new high as home affordability falls

• U.S. Eases Export Restrictions on China

  The U.S. has rescinded chip software restrictions in hopes of a new trade deal

• Odds of July Rate Cuts Quickly Fall

  After reaching a high of 25%, odds of a rate cut at July’s FOMC drop to 5%

• U.S. House Creates Official Crypto Week

  The House of Representative has now named July 14-18 as the “Crypto Week”

• Jupiter Studio Gets Introduces As New Token Launchpad

  Jupiter reveals their own launchpad to offer a creator suite for community coins

• U.S. Senator Pushes For Crypto Tax Breaks

  Lummis shares new legislation to end taxes on crypto transactions under $300

• DeFi Dev Corp Announces Latest Solana Acquisition

  The Solana Treasury company added 17,760 SOL to bring holdings over $98M

• Robinhood’s Bitstamp Expands Services To Singapore

  The crypto exchange now holds licenses in Europe, the U.S., U.K., & Singapore

• Nano Labs Purchases $50M Worth of BNB

  The Nasdaq-listed company bought 74,315 BNB to expand crypto reserves

• Ripple Gains Adoption For RLUSD Stablecoin

  Ripple’s RLUSD continues to grow with integrations at global banks & BitMEX

• TON’s Leading App Developer Raises $28M

  Top app developer on TON blockchain has finalized a Series A valued at $1B

• Early Bitcoin Whales Drown Out Recent ETF Inflows

  Large Bitcoin holders have sold over 500K BTC to cancel out latest ETF inflows

• Ondo Finance Partners With Pantera For $250M RWA Initiative

  The two powerhouse teams will now invest into equity & tokens around RWAs

• Metaplanet Backers Look To Expand Bitcoin Exposure

  The group now looks to acquire a Thailand-listed company to buy more Bitcoin

• Zkasino Team Gets Arrested For $30M Scam

  ZachXBT shares new details behind the UAE arrest of a Zkasino team member

• Wallet Linked To Jump Crypto Transfers $800M Bitcoin

  Jump Crypto has moved 7,499 BTC after sitting dormant for the last two years

• JPMorgan Predicts Stablecoin Market To Reach $500B By 2028

  JPMorgan drops estimates, saying trillion-dollar projections were too optimistic

• Tether Looks To Expand Bitcoin Mining With Renewable Energy

  Tether partners with Adecaogro to build environment friendly mining in Brazil

• Moonbirds Prepare For Telegram Stickers Launch

  Moonbirds release their Telegram stickers tomorrow with 200 spots for holders

• Phygitals Airdrop Free Pokemon Cards To Moonbird Holders

  Holders of Moonbirds, Mythics, & Oddities can all claim a free Pokemon card

• Blur Quietly Announces Season 4 Airdrop

  Blur announces latest airdrop in discord as users see underwhelming claims

• Memeland Closes Claims For Firesale Allocations

  Participants in the Memeland Firesale have until July 4th to claim their $MEME

• Treeverse Opens Rewards Checker For S1 Players

  Treeverse users can now check their S1 allocations for $END & other rewards

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