The Daily Flight🦉

• Stocks Reach All-Time Highs Led By Nvidia

  S&P 500 ends the day at a new all-time high with NVDA extending record prices

• U.S. Dollar Index Rebounds Off Local Lows

  The strength of the dollar improves as DXY hits highest level in almost a month

• Americans Struggle To Afford Daily Expenses

  People with multiple jobs in the U.S. rose by 282K in June to near all-time highs

• Congress Looks To Criminally Charge The Fed Chair

  Several congress members are now looking to refer Jerome Powell to the DOJ

• U.S. Treasury Yields Head For 18-Year High

  The 30-Year yield has risen to over 5.04% as U.S. bonds continue to struggle

• 401k Retirement Plans To Allow Crypto Investments

  Trump is set to sign an executive order this week allowing crypto in 401ks

• BlackRock Files To Add Staking To Spot Ethereum ETF

  BlackRock’s $ETHA may soon offer staking as a new filing reaches the SEC

• U.S. House Officially Passes All Three Crypto Bills

  The GENIUS Act will be the first bill signed into law with a ceremony tomorrow

• ETH & XRP Shine As Crypto Market Stays Hot 

  XRP jumps 14% on the day as ETH breaks $3,500 for first time since January

• SEC Chairman Looks To Incentivize Tokenization

  Paul Atkins says the SEC is considering changes to “incentivize tokenization”

• SharpLink Gaming Looks To Multiply ETH Holdings

  SBET has filed to raise financing efforts from $1B to $6B for ETH purchases

• ETH ETFs Make History With Daily Inflows

  ETH ETF inflows hit a new high yesterday at $727M, just short of BTC’s $799M

• Bit Origin To Launch $500M Dogecoin Treasury

  The company will look to raise through equity & convertible bonds to buy DOGE

• Pump Fun Token Falls Amid Lack of Further Details

  PUMP drops below $5B FDV as users look for details around airdrop & use case

• BitMine Immersion Surpasses $1B in ETH Holdings

  BitMine reveals updated assets that now makes them the largest holder of ETH

• CME Group Reveals No Plan For Products Around Memecoins

  The world’s top derivatives exchange says meme sector lacks practical use

• Enlightify Inc. Announces $20M CYBER Treasury

  The public company plans to buy up to $20M CYBER over the next 12 months

• Top Russian Bank Aims To Offer Custody Services For Crypto

  The largest lender in Russia, Sberbank, may soon allow clients to hold crypto

• DeFi Dev Corp Looks To Build Franchise Model For Solana Treasuries

  The public company will target 5 new regions to help build global SOL treasuries

• Sonic Labs Introduces New AI Development Platform

  Spark will use AI to help create applications without the need for coding skills

• Pudgy Penguins Share New Website & Expand Toy Sales

  Pudgy Toys land in one of Japan’s top stores as a new Pengu site gets revealed

• Pakistan Hopes To Replicate El Salvador’s Bitcoin Success

  Pakistan’s Crypto Council met with El Salvador to mutually grow BTC adoption

• Thailand To Launch Crypto Sandbox

  Thailand plans to allow tourists to convert digital assets into baht for spending

• France Proposes To Use Excess Energy For Bitcoin Mining

  A bill has been made for a 5-year mining plan that would generate up to $150M

• Vibes TCG Announces Partnership With PSA

  Vibes teams up with the world’s top grading company for an exclusive promo

• Sappy Seals Expand Into Roblox

  Roblox users can now play Sappy Seals racing game & compete against others

• Pudgy Penguins Announce Licensing Opportunity For Suplay Collectibles

  Holders of Big & Lil Pudgys have until July 31st to submit their applications

• Kaito Introduces Initial Community Offering With New Token Launchpad

  Kaito teases a new token launchpad coming that’ll be owned by the community

• CyberKongz Preview Telegram Stickers Drop

  CyberKongz become the latest NFT collection to venture into Telegram stickers

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