The Daily Flight🦉

• Markets See Volatile Price Action Amid Developments Around FOMC

  Bitcoin falls under $110K as stocks rebound following news on US economy

• US Interest Rates Get Cut To Lowest Level in 3 Years

  Interest rates see another 25 bps cut as Fed’s target range falls to 3.75%-4%

• China Shows Signs of Peace Ahead of Meeting With Trump

  China buys 180k tons of US soybeans after several months of no purchases

• South Korea Agrees To Pay The US For Lower Tariffs

  Trump announces a new trade deal as South Korea will pay the US $350B

• Major Stocks See Big Price Swings Following Q3 Earnings Reports

  $META & $MSFT see big losses while $GOOGLE jumps 7% after Q3 earnings

• Federal Reserve Provides Insight on Months Ahead

  Quantitative tightening will end Dec. 1st as future rate cuts become uncertain

• Tech Companies Show Market Dominance With New Valuations

  $NVDA becomes first company to reach $5T as OpenAI prepares for $1T IPO

• Amazon Web Services Face Another Major Outage

  More internet-based companies see issues as AWS experiences another outage

• MetaMask’s Parent Company Looks To Go Public

  Consensys will now plan to IPO with the help of JPMorgan and Goldman Sachs

• Mastercard In Talks To Acquire Crypto Startup Zerohash For Up To $2B

  Mastercard explores new deal to purchase a stablecoin infrastructure platform

• Ethereum Releases New Website For Institutional Adoption

  The new site will help builders, leaders, & institutions effectively use Ethereum

• Blockworks Reveal Plans To Shut Down Newsroom

  More crypto companies face sudden changes as Blockworks trims workforce

• 21Shares Files For Hyperliquid ETF

  More crypto assets look to join traditional finance as $HYPE see new ETF filing

• CZ Threatens Defamation Lawsuit Against Elizabeth Warren

  CZ may sue the Senator if her recent comments on his pardon aren’t retracted

• Grayscale Introduces Solana Trust ETF

  $GSOL will offer investors exposure to Solana while adding staking benefits

• Evernorth Holdings Accumulates $1B Worth of $XRP

  The Ripple-backed company bought 389M $XRP with unrealized gains of $50M

• Fidelity Submits Updated Filing For SOL ETF

  Bigger players are gaining interest in SOL as Fidelity files S-1 for a SOL ETF

• YZi Labs Says CZ Owns Less Than 1% of $BNB

  YZi Labs shares $BNB distribution and says 66% of supply is help by the public

• Trump Memecoin Team Explores Crowdfunding Acquisition

  Fight Fight Fight LLC is now in talks to buy the crowdfunding platform Republic

• Helius Labs Introduces New Block Explorer For Solana

  Helius launches human-readable block explorer to improve data on Solana

• Crypto ETFs See Increased Inflows Led by Ethereum

  BTC ETFs marked $202M in inflows yesterday while ETH ETFs recorded $246M

• Ondo Finance Expands Operations To BNB

  Over 100 tokenized stocks and ETFs can now be traded on the BNB chain

• Former FTX President To Launch Platform For Perpetual Stock Trading

  Brett Harrison moves on from FTX with new perp platform for stocks & more

• Vibes TCG Gets Nominated For Best Non-Sports Card

  Voting is now open for the inaugural Hobby Awards as Vibes joins nominations

• MegaETH ICO Nears $1B in Deposits

  Under 24 hours remain as $MEGA presale currently sits at 18x oversubscribed

• Ethereum’s Fusaka Upgrade Prepares To Hit Mainnet

  Ethereum’s latest network upgrade is now planned to happen December 3rd

• Monad Continues Reveal of $MON Allocations

  Day 2 of $MON reveals are here as users can open three more token boxes

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