The Daily Flight🦉

• Bitcoin Bounces Back As Stocks Reach Another All-Time High

  Bitcoin reclaims $120K while the S&P 500 touches a new high over 3,615

• Gold Looks To Break Record Prices

  Gold sees its 2nd highest closing price ever as recent uptrend continues

• U.S. Housing Market Faces Worst Affordability in History

  Home prices have hit record highs as U.S. housing sees worsening conditions

• Trump Reveals New Trade Deals With Japan & The Philippines

  New deals get shared as the U.S. sees favorable tariffs with several countries

• Donald Trump Considers Removing Capital Gains Tax on U.S. Home Sales

  Trump says he’s thinking about the idea but is hesitant due to interest rates

• Federal Housing Director Expects Jerome Powell To Resign Soon

  William Plute says Fed Chair “will be resigning soon, but today is not the day”

• JPMorgan Looks To Offer Loans Backed By Crypto Holdings

  JPMorgan clients may soon be able to take loans against their Bitcoin & more

• PNC Bank Parters With Coinbase To Provide Crypto Services

  The $410B bank will now venture into crypto with the help of Coinbase

• Dan Tapiero Launches $500M Crypto Fund

  Two crypto growth equity funds have now merged as 50T gets introduced

• Polymarket Considers Launching Native Stablecoin

  The prediction market will look to capture yield through stablecoin reserves

• Bitwise 10 Crypto Index Fund Gets Approved For ETF Conversion

  The ETF will hold the top 10 crypto assets like BTC, ETH, SOL, XRP, & more

• Western Union Explores Integrating Stablecoins

  The company CEO says they’re now looking at ways to leverage stablecoins

• 21Shares Files For Ondo ETF

  21Shares has submitted an S-1 for the first ever spot ONDO ETF in the U.S.

• Figma Discloses Bitcoin ETF Holdings Amid IPO Filing

  Figma hold $70M worth of BTC ETFs & mentions tokenized stocks in filing

• Square To Integrate Bitcoin Payments

  Merchants on Square will be able to accept Bitcoin as payment starting today

• LetsBonk Begins To Take Over As Pump Fun Falls Below ICO Price

  There’s a new token launchpad in town as LetsBonk sees ~$2M in daily fees

• Ethereum ETFs Continue To Outperform Bitcoin

  Over the last 6 sessions of trading, ETH ETF inflows surpass BTC by $200M

• SpaceX Makes First Onchain Transaction in Three Years

  SpaceX sends $150M BTC to a new addresses after sitting since June 2022

• FBI Closes Investigation Into Kraken Founder

  The crypto exchange founder gets seized assets returned as legal battle ends

• SharpLink Gaming Makes Largest Weekly Purchase

  SBET acquires $258M ETH from July 14-20 to bring holdings over 360K ETH

• Jito Introduces New Way For Solana To Process Transactions

  Block Assembly Marketplace will use an encrypted memepool for transactions

• Telegram Launches TON Wallet For U.S. Users

  Telegram releases built-in TON wallet for the U.S. with ability to buy & trade

• Kaito Introduces Capital Launchpad With First Community Offering

  Espresso will be the first Initial Community Offering valued at $400M FDV

• Rekt Drinks Previews Upcoming Binance U.S. Collab

  Liquid Gold is coming soon as Rekt Drinks gets set to release a new flavor

• Sonic Opens Season 1 Airdrop Claims

  Eligible Sonic users can now claim 25% of their allocation with the rest vested

• Pump Fun Founder Continues To Tease Airdrop

  Alon has first interview since launch & says “today, the community decides”

• Wasabi Goes Live on Base App With 20% Yield on Stablecoins

  Wasabi is now offering over 20% APY on USDC as they expand to Base App

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