The Daily Flight🦉

• Crypto Cools As Stocks Hang Out Near All-Time Highs

  Crypto majors stay relatively flat on the day as stocks like GOOGL extend gains

• Trump Eyes New Tariffs on The European Union

  The President is reportedly looking to set E.U. tariffs at a minimum of 15-20%

• Retail Investors Beat Out Hedge Funds

  Retail is now outperforming hedge funds by the largest margin in over a year

• Consumer Sentiment Index Increases To Five-Month High

  Consumer sentiment is improving as future inflation estimates hit 2025 lows

• Block Sees Stock Surge Amid News of Joining S&P 500

  $XYZ jumps over 10% after hours as Jack Dorsey’s ‘Block’ joins the S&P 500

• Foreign Investors Hold Highest Amount of U.S. Treasuries Since 2022

  Treasuries owned by foreign investors rose $32B in May to 31.7% of the market

• Tech Stocks Continue To Outperform The Market

  The share of technology ETFs to total market AUM has hit a new high of 42%

• Total Crypto Market Cap Surpasses $4T For First Time Ever

  Crypto records another major milestone as rising prices send total MC over $4T

• Charles Schwab To Offer Crypto Trading
  The $10T asset manager will soon allow their clients to trade Bitcoin & Ethereum

• Genius Act Gets Officially Signed Into Law

  Historic stablecoin legislation passes as Tether plans to bring USDT to the U.S.

• Bullish Files For IPO on NYSE

  The crypto exchange will now look to go public using the ticker symbol BLSH

• Crypto Stocks Reach New Highs Amid Market Uptrend
  COIN, HOOD, GLXY & CRCLE jump over 5% as crypto continues to outperform

• Ethereum ETFs Surpass Bitcoin ETFs in Daily Inflows

  ETH ETFs see $602M of inflows yesterday to overtake $523M from BTC ETFs

• PUMP Falls Below ICO Price As Team Uses 25% of June Fees on Buybacks

  The launchpad has now spent over $19M buying back their own PUMP token

• Ethereum Looks To Extend Monumental Rally

  The ETH/BTC chart show more runway ahead as ETH jumps 150% in 3 months

• Volcan Inc Announces $500M Bitcoin Treasury

  The company will use stock sales to fund up to $500M in Bitcoin purchases

• Canary Capital Files For Staked Injective ETF

  Injective sees new filing from Canary for the first ever staked INJ ETF in the U.S.

• SharpLink Gaming Buys $500M ETH in Nine Days

  Companies continue to stock up on ETH as SBET looks to claim top holder

• Pump Fun Introduces CTO Creator Fees

  Creator fees on community takeovers can now be updated to new token leaders

• Polymarket Launches 2028 Election Market With Yield Opportunity

  Users can now bet on the 2028 election winner while also earning 4% yield

• MEI Pharma Reveals Plans For $100M Litecoin Treasury

  Crypto treasury companies begin to expand as LTC is the latest to join the mix

• 80,000 Bitcoin Whale Sends Remaining Tokens To Galaxy Digital

  The OG Bitcoin holder is now out of tokens after sending over $9B worth of BTC

• Bit Digital Brings ETH Holdings Over $400M

  BTBT recently bought 19,638 ETH to make them the 6th largest holder of ETH

• Pudgy Penguins Preview Upcoming Partnerships
  Pudgy shows off new products with PEZ collab & toys that are AI companions

• Former Pump Fun Developer Faces 7 Years in Prison

  The senior developer previously pleaded guilty to fraud after stealing $2M

• Mastercard Highlights Stablecoin Efficiency

  Mastercard says stablecoins now make cross-border payments faster & cheaper

• Vibes TCG Debuts Legend of The Lils at SCG CON Orlando
  Vibes partners with Star City Games to officially launch Set 2 on August 29th

• Moonbirds Get Added To Towns Points Program
  Holders of Moonbirds, Mythics, & Oddities are eligible to earn boosted points

• World Liberty Financial Prepares For Token Trading

  WLFI token tradability arrives in 6-8 weeks with major partnerships on the way

• Doodles Remind Holders To Claim $DOOD

  The deadline to claim tokens is July 24th as holders have less than one week

• Caldera Airdrop Claims Go Live

  Eligible wallets have until July 31st at midnight to claim their $ERA allocations

• Backpack Exchange Opens Sales Channel For FTX Claims

  FTX users now have the option to sell their claims on Backpack’s new platform

• Staking To Soon Be Available For Telegram Gifts 

  Telegram users can soon stake their NFT Gifts to earn rewards in $MAJOR

• Vibes TCG Partners With To The Moon For First Ever Set 2 Box Break

  To The Moon will be live Monday at 2pm EST for a Vibes Set 2 exclusive show

• Doodles Open Waitlist For Telegram MiniApp

  Telegram users can now sign up for early access to ‘Doodles Up’ on TON

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