The Daily Flight🦉

• Crypto Comes Back Strong As Stocks Remain Near All-Time Highs

  ETH reclaims $3,900 as markets continue to show recent short-term volatility

• Trump Predicts Major Cash Inflows As Reciprocal Tariffs Go Into Effect

  Global tariffs have officially been imposed as Trump hopes for big returns

• S&P 500 Sees Overwhelming Success With Recent Earnings

  82% of all S&P 500 companies reported higher Q2 earnings than expected

• Bank of England Cuts Interest Rates

  The Bank of England has now lowered interest rates from 4.25% to 4%

• Student Loan Debt Shows Record Increase in Delinquency

  The amount of student loan debt that’s 90+ days over due has now hit 12.9%

• U.S. Announces Tariffs on Semiconductors & Gold Bars

  Trump imposes 100% tariffs on semiconductors as gold also sees new tariffs

• Mortgage Rates Begin To See Slight Relief

  30-Year Mortgage Rates have dropped below 7% for the first time since April

• Trump Teases Major Announcement For The Economy

  The White House says Trump will soon share important news on the economy

• Crypto Assets Gain Access To $12T Retirement Market

  A new executive order has been signed allowing crypto investments in 401Ks

• Trump Signs Executive Order To Enhance Crypto Banking

  The order will stop banking discrimination against crypto, religion, & politics

• Fundamental Global Files To Raise $5B For ETH Treasury

  The public company recently filed an S-3 to use proceeds for ETH purchaseS

• SEC Officially Ends Legal Case Against Ripple

  The SEC & Ripple agree to a joint dismissal of appeals as legal battle ends

• Sheetz Offers 50% Discount For Crypto Purchases

  Shoppers at 750+ locations can earn big discounts by paying with crypto

• Chainlink Announces Strategic $LINK Reserve

  The Chainlink Reserve plans to accumulate $LINK with an initial buy of $1.1M

• SharpLink Announces $200M Raise To Expand ETH Treasury

  SBET will raise $200M to buy more ETH by selling direct shares at $19.50

• Moonbirds Get Featured in New Cointelegraph Article

  Moonbirds make waves as recent action gains the attention of top media

• Binance Allows Direct Withdrawals To Mastercard

  European users can now withdraw to their Mastercard debit & credit cards

• Parataxis Reveals New Merger For $640M Bitcoin Treasury

  Parataxis Holdings has merged with SilverBox Corp to launch a BTC reserve

• Ethereum Nears Record Levels of Activity

  Ethereum saw 1.87M transactions yesterday to trail ATH by less than 100K

• Net Inflows Return To Crypto ETFs

  BTC ETFs see first inflows after four days as ETH ETFs see inflows of $35M

• Elon Musk & Coinbase Post Historic Bitcoin Meme

  Magic Internet Money goes viral as big names post about Bitcoin meme

• Onchain User Accumulates $500M ETH in Three Days

  A trader recently created 5 new wallets and bought a total of 147K ETH

• Saloman Brothers Look To Claim Assets From Abandoned Wallets

  The bank sent legal notices to dormant wallets with hopes of potential claims

• Vibes TCG Reveals More Lil Pudgys Featured in Upcoming Set

  Vibes prepares for Legend of the Lils release with more licensed NFTs

• Azuki Opens New Mint For Short Form Content

  Azuki prepares for exciting month of August with new mint on OpenSea

• Splat Previews New AI Trading Companion

  Splat shows off new profile look as users get ready for early access

• Auction for WIF Hat Ends With $800K Bid

  The famous hat from the dogwifhat meme has officially sold for $799K

• Pudgy Penguins Introduce New Asia-Pacific Branch

  Igloo APAC gets revealed as a new arm to cover more of the Asia region

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