- The Daily Flight🦉
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- The Daily Flight🦉
The Daily Flight🦉
Nick
July 01, 2025
📈 Daily Market Movers 📉
📰 Macro Headlines 📰
Stocks Hang Out At All-Time Highs While Crypto Slides Lower
Bitcoin falls back under $106K as majority of crypto prices see red on the day
U.S. Senate Passes Trump’s Spending Bill Amid Friction With Musk
The bill now heads to the House as Trump & Elon continue their recent feud
Trump Maintains July 9th Trade Deadline & Doubts Deal With Japan
The President says no extensions will be made as Japan deal looks doubtful
Federal Reserve Leans Towards Rate Cuts This Year
A majority of the Fed expects cuts this year while Powell doesn’t rule out July
U.S. Dollar Marks Worst Performance Since 1973
DXY fell -10.8% during the first half of 2025 for the worst start in over 50 years
First-Time Home Buyers Drop To Lowest on Record
First-time home buyers now make up less than ¼ of home purchases in the U.S.
U.S. Stock Market See Exponential Growth
The market cap of total U.S. public equites hits $63.8T after doubling in 5 years
M2 Money Supply Reaches New All-Time High
U.S. M2 money supply hits nearly $22T with 19th consecutive monthly increase
₿ Crypto Current Events ₿
SEC Approves Grayscale’s Large Cap Crypto ETF
Grayscale’s fund holding BTC, ETH, SOL, XRP, & ADA will now become an ETF
Figma IPO Filing Reveals $100M Bitcoin Treasury
The design app shows $70M in BTC holdings with plans to buy another $30M
SEC Looks To Create Listing Standard For Token-Based ETFs
New guidelines are being made by the SEC that will help fast-track ETF listings
Connecticut Governor Bans State From Investing in Digital Assets
A law has now been signed that bans the state from buying or holding crypto
DeFi Dev Corp To Raise $100M For Solana Purchases
The “Strategy of Solana” reveals new private offering to raise $100M for $SOL
Deutsche Bank To Launch Crypto Custody Services
One of Germany’s top banks explores digital assets with new services in 2026
Smart Contracts Go Live on XRP Ledger EVM Sidechain
Etherum smart contracts can now be launched on XRP using an EVM sidechain
U.S. Senator Looks To Add Crypto Tax Updates To Spending Bill
Senator Lummis is proposing tax exemptions around staking, airdrops, & more
Jerome Powell Shares Positive Comments Around Crypto Legislation
Fed Chair says stablecoins are a “positive step” with regulation now underway
Stable Gets Introduced As New Blockchain Powered By USDT
The chain will be focused around stablecoins with native gas fees paid in USDT
SRM Stakes $100M TRON Treasury
The Nasdaq-listed company has now bought $100M TRON and has staked it all
Azuki Announces Joint Anime Studio
Azuki partners with COMISMA, Xenotoon, & Westbrook to build anime universe
SharpLink Gaming Adds To ETH Treasury
SBET announces latest ETH purchase of $22.8M as company nears 200K ETH
Axiom Trading App Flips Hyperliquid in Daily Revenue
Popular trading app gains traction with over $1.7M in fees over the last 24 hours
Eric Trump & American Bitcoin Raise $215M For Bitcoin Treasury
Trump-backed American Bitcoin will use funds to buy BTC & mining equipment
Bitget Partners With Mastercard & Immersve For New Crypto Card
Bitget Wallet users can now sign up to spend crypto on everyday purchases
Binance Founder Donates $10M To Vitalik’s New Project
CZ makes $10M donation to Ethereum founder’s Biotech & Healthcare solution
‼️ Rewards, Tokens, & Events ‼️
Vibes Releases Set 2 Cards For Online Playtesting
The Sneak Beak has arrived as 50 Set 2 cards are now playable throughout July
Xeet Announces SocialFi Game on Abstract
Xeet Leagues gets revealed as users get their own card & a shot at free packs
Dymension Teases S2 of Genesis Rolldrop
Dymension advises users to turn on notification for S2 of their genesis airdrop
OpenSea Distributes XP Rewards From Recent Events
XP has been sent to owners of “Sails Up” NFTs & participants in the NYC event
Coinbase To List Wormhole For Trading
$W trading will go live on Coinbase tomorrow as Wormhole lands latest listing
Aptos Distributes June Kaito Rewards To Top Supporters
The top 150 Aptos yappers can now claim their rewards for the month of June