The Daily Flight🦉

• Crypto Markets Pullback While Stocks Continue To Hit New Highs

  ETH & SOL retrace on the day as the S&P 500 closes at another all-time high

• U.S. Nears Deals With The European Union
  A new trade deal is reportedly close as the E.U. looks to avoid 30% tariffs

• Several Big Stocks Dump After Latest Earnings Report

  Google, IBM, & Chipotle all see stocks instantly fall after disclosing earnings

• Copper & Silver See Record Prices

  Copper claims all-time highs while Silver marks highest price in almost 14 years

• Japan’s Economy Sees Worsening Conditions

  Japan’s 20-Year Yield rises to highest level in 25 years as bond demand falls

• Goldman Sachs & BNY Announce Tokenized Money Market Funds
  Investors will be able to trade money market funds on Goldman’s native chain

• ETH ETFs Record 3rd Highest Daily Inflows

  BTC ETFs see 2 days of outflows while ETH ETFs mark over $500M in inflows

• BNB Breaks All-Time Highs Over $800

  BNB flips SOL in market cap as token sees over 20% gains within the last month

• Robinhood Introduces Staking For ETH & SOL

  Users can now stake ETH & SOL directly on Robinhood to earn rewards

• Mexican Real Estate Company Looks To Buy $1B Worth of Bitcoin

  Grupo Murano will buy $1B BTC with plans to buy $10B worth over five years

• Ethereum Sees $2B Worth of Unstaking Queues

  ETH sees highest level of unstaking since early 2024 with a current 9-day delay

• White House To Release Crypto Policy Report on July 30th

  The U.S. will share the first ever policy report on digital assets in one week

• Rare Pudgy Penguin Sells For $440,000

  An Ice King Pudgy sold for 120 ETH to mark one of collection’s highest sales

• Ethereum Treasury Company BitMine Immersion To Trade on NYSE

  BMNR will begin options trading on the NYSE as stock demand continue to rise

• Telsa Reveals No Bitcoin Was Sold in Recent Quarter
  Tesla shows $1.4B worth of BTC on their balance sheet as they continue to hold

• Yuga Earns Another Win in Legal Battle Against Ryder Ripps

  The Ninth Circuit has officially ruled BAYC NFTs are protectable trademarks

• Moonbirds Art Director Previews Upcoming Work

  Moonbirds art hits the timeline as community gets new look into art concepts

• Citadel Sends Letter To SEC About Issues With Tokenized Stocks

  Citadel says tokenized securities may remove liquidity from traditional markets

• Letsbonk To Use 1% of Revenue on Buying Ecosystem Tokens

  1% of all launchpad revenue will go towards buying top memes around BONK

• Bitcoin’s Largest Public Miner Raises $850M To Buy Bitcoin

  MARA Holdings reveal $850M private offering to fund future BTC purchases

• NFT Trader Borrows $15M Against CryptoPunk Holdings

  After claiming 180 in 2017 for $200, the wallet now pay 13% APR on 112 Punks

• Nature’s Miracle Announces $20M XRP Treasury

  XRP begins to see more institutional demand with new $20M treasury company

• Burwick Law Includes Solana Executives in Pump Fun Lawsuit

  Executives from Solana Foundation, Solana Labs, & Jito get named in new case

• WisdomTree Announces Plans To Rebrand Stablecoin

  The major asset manager will turn WUSD to USDW with plans to go multi-chain

• CGC Announces Giveaway For Vibes Set 2 Promo Card

  Submissions at Sports Cards Nationals will receive a Lil Who Hoops promo card

• Pump Fun Plummets As Founder Says No Airdrop in The Near Future

  Alon has first interview since PUMP launch and says no airdrop is coming soon

• Vibes TCG Distributes Tokenized VanEck Promo Cards

  Vibes partners with SegMint to send top 40 S1 players tokenized promo cards

• Magic Eden Introduces Swaps For Bitcoin Runes

  Traders can now swap any amount of Runes to BTC instead of buying in lots

• FTX To Being Next Distribution on September 30th

  The bankrupt exchange will distribute funds after dropping claims by $1.9B

• Doodles Get Set To Release Weekly Content on Youtube

  Transmissions from Dullsville debuts tomorrow as Doodles tease latest release

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