The Daily Flight🦉

Nick ‎
August 12, 2025

📈 Daily Market Movers 📉

Markets Show Strength As ETH Surpasses $4,600
Ethereum aims for all-time highs as stocks & crypto both have record days
July CPI Inflation Comes in Under Expectations
Consumer Price Index rose 2.7% YoY as markets react positively to the news
S&P 500 Breaks New Highs Over 6,440
S&P 500 closes over 6,400 for the time time ever as stocks refuse to slow down
September Interest Rate Cuts See Big Jump in Odds
Markets are now pricing the odds of a 25 bps rate cut at over 94% in September
Delinquency Rates in The U.S. Begin To Soar
10-15% of all student loans & credit card balances are now 90+ days overdue
U.S. Companies See Highest Rate of Bankruptcy Since Covid
The U.S. recorded 71 large company bankruptcies in July for most since 2020

Ethereum ETFs Make History With Daily Inflows Over $1B
ETH ETFs saw $1.02B worth of net inflows yesterday to mark biggest day ever
BitMine Files To Raise $20B To Expand ETH Treasury
The top holder in the world has now filed for a $20B raise to purchase more ETH
Circle Reveals Plans To Launch Their Own Blockchain
Arc will be Circle’s new L1 blockchain that will be built around stablecoin finance
Monero Faces Centralized Attack By Qubic Group
Qubic grabs over 51% share of Monero with plans to slash all other miners
Do Kwon Pleads Guilty To Charges in Terra Luna Collapse
The co-founder of Terrraform Labs now faces up to 25 years in prison for fraud
Moonbirds Take Flight As NFT Collection Makes Post-Acquisition Highs
Moonbirds jump to 3 ETH as floor quickly rises following recent Kaito news
Paxos Applies For National Banking License
Tokenization platform joins Ripple & Circle as latest to apply for OCC Charter
ETHZilla Finds Major Gains After PayPal Co-Founder Discloses Ownership
Peter Thiel reveals 7.5% ownership in ATNF as company now holds $350M ETH
FTX Investors Sue Fenwick Law Firm
The lawsuit claims Fenwick was the only firm out of 130 to assist with FTX fraud
Safety Shot Acquires 10% Revenue Share in BONK Token Launchpad
The public company teams up with BONK as they look to expand token treasury

Myriad Adds New Market For Moonbirds Predictions
Users can now bet on Myriad if they think Moonbirds hit 4 ETH by August 20th
OpenSea Announces $10K AI Creator Competition
Submissions are open until August 22nd as OpenSea looks for top AI creators
Doodles UP Gets Set To Launch on August 13th
Doodles’ new telegram game will go live tomorrow on the TON blockchain
Alphabot Launches Beta For Pulse
Pulse looks to add an action layer to InfoFi with campaigns powered by BOOST
Rekt Drinks Tease New Collab With Base
Rekt continues to expand partnerships as they now team up with Coinbase’s L2
Pengu Clash Goes Live on Abstract
The popular Pudgy Penguins telegram game can now be played on Abstract
Azuki Prepares For The Unexpected
Azuki hints at new announcement as community speculation starts to build up