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- The Daily Flight🦉
The Daily Flight🦉

📈 Daily Market Movers 📉

📰 Macro Headlines 📰
Markets Rebound As Stock & Crypto Bounce Off Local Lows
ETH reclaims $4K with SOL over $200 as stocks surge back towards ATHs
August PCE Inflation Rises to 2.7%
PCE comes in at expectations to mark the highest inflation since February 2025
Odds of A Government Shutdown Reach New Highs
Polymarket now shows over an 80% chance of a government shutdown in 2025
US Income Inequality Shows Growing Trend
Since May 2021, the pay gap between the top & bottom earners has grown 98%
Consumer Sentiment Falls To 7th Lowest in History
Consumer Sentiment falls again as market continues to show inflation fears
Top 10% of US Stocks Hold Record Share of Total Market Cap
The top 10% of stocks now make up a record 78% of the total US market cap
Tylenol Maker Kenvue Loses One-Third of Company Value
The company's market cap has now fallen by $15B over the last two months
₿ Crypto Current Events ₿
SWIFT Collaborates with Global Banks on Major Blockchain Initiative
SWIFT looks to move payment messaging onchain along with a new stablecoin
Vanguard to Offer Crypto ETFs on Its Brokerage Platform
The world's second-largest asset manager will soon allow access to crypto ETFs
Kraken in Talks to Raise $300M at $20B Valuation
The crypto exchange was recently valued at $15B with eyes on a bigger raise
Cyber Hornet Files For S&P + Crypto ETFs
Three new ETFs get filed, including the S&P 500 paired with ETH, SOL, & XRP
Eric Trump Predicts Exciting Q4 For Crypto
Eric Trump says BTC will one day hit $1M and that Q4 will be “unbelievable”
Crypto ETFs Experience More Outflows
Both Bitcoin and Ethereum ETFS saw over $250M of net outflows yesterday
Bitget & 0G Labs Clash Over Token Deal
0G calls out the Bitget and accuses them of promoting unallocated tokens
Solana ETFs See Slew of Updated Submissions
SOL ETF approval inches closer as several ETF providers submit new filings
OpenSea Expands Flagship Collection
OS buys 5 NFTs from The Memes by 6529 as their Flagship Collection grows
AlphaTON Capital Make First TON Purchase After $71M Raise
The company has now purchased $30M TON to expand their token treasury
World Liberty Financial Burns Over 3M $WLFI Tokens
The company has burnt 3.1M tokens with an additional purchase of 3.8M WLFI
👀 Things To Watch For 👀
Moonbirds IP Goes Live on Story Protocol
Users can now build AI games and design merch around the Moonbirds IP
Abstract Offers XP Points For Providing Liquidity
Abstract users have new ways to farm XP with incentivized liquidity providing
Leagues.Fun Reveals More Details For Onchain Fantasy Sports
NFL & NBA will have fantasy sports on chain amid upcoming $LEAGUE drop
Polymarket Reminds Users of Upcoming US Release
The prediction market says US users will soon be able to use Polymarket
OpenSea Provides New Opportunities For Rewards
OS says all qualified activity on Arbitrum will provide 5% bonus towards rewards