The Daily Flight🦉

• Crypto Markets Settle As U.S. Stocks Continue To Outperform

  Crypto majors stay mostly unchanged while stock market maintains strength

• Trump Terminates All Trade Negotiations With Canada

  U.S. & Canada grow further away from a trade deal after recent developments

• Core PCE Inflation Increases For First Time in Months

  May inflation numbers come in slightly above expectations as rate cuts loom

• S&P 500 Ends Day With Another All-Time High

  S&P 500 index jumps to 6,179 to further extend its historic V-shaped recovery

• U.S. Personal Income Growth Sees Major Decline

  Personal income MoM dropped -0.4% after expectations of +0.3% for May

• Uranium Stocks Record Longest Weekly Streak in History

  Uranium continues to surge as GX Uranium ETF hits 12th green week in a row

• Moonshot Introduces New Way To Launch Tokens Using Apple Pay

  Moonshot users can now launch coins in a few clicks while also earning rewards

• Pump Fun Introduces 2.0 Version With Several New Features

  Pump Fun 2.0 is live with tap-to-ape, a section for news, & a top movers feed

• Gemini Launches Tokenized Trading For Strategy Stock

  Gemini partners with Dinari Global to offer MSTR stock as a tokenized product

• Ripple Confirms End To Legal Battles

  Ripple CEO & CLO respond to judge’s decision as all appeals will be dropped

• Robinhood Introduces Micro Futures For XRP & Solana

  Robinhood will now offer trading on smaller-sized XRP & SOL future contracts

• Crossmint Partners With Visa To Enable AI Purchases

  Crossmint teams up with Visa to offer seamless purchases made by AI Agents

• Trump Praises Bitcoin For Supporting U.S. Dollar

  Trump says Bitcoin takes “pressure off the dollar” and is great for the country

• Circle Stock Continues To Fall After Strong IPO

  CRLC drops another 15% on the day as stock now trades -40% off recent highs

• Bitcoin ETFs Reach 13-Day Streak of Inflows

  Bitcoin ETTs recorded $228M in net inflows yesterday to notch 13th straight day

• Bhutan Becomes 3rd Largest Government Holding Bitcoin

  Bhutan says BTC Reserve has grown to $1.3B, reaching 40% of country’s GDP

• KraneShares Files For Coinbase 50 Index ETF

  Latest ETF filing will look to offer exposure to the top 50 assets digital assets

• White House Crypto Czar Highlights Month of July

  David Sacks says “July will be a big month” with long-awaited crypto legislation

• Bit Digital Raises $150M For ETH Purchases

  Bit Digital moves from Bitcoin to Ethereum with focus on buying & staking ETH

• Ledger To End Future Support For Nano S

  Hardware wallet announces that future updates will no longer apply to Nano S

• Strategy Gets Sued Over Alleged Securities Fraud

  Strategy now faces 5 lawsuits around misleading investors on BTC investments

• SocialFi Accounts Gets Suspended on X

  Fantasy Top & Ethos both have accounts go down as X cracks down on SocialFi

• Azuki TCG Releases Website With Card Previews & Game Rules

  Azuki’s upcoming TCG gets closer to launch with release of official game rules

• Treeverse Takes SnapShot For Upcoming Token Launch

  Snapshots for $END have been complete as Treeverse holders prepare for TGE

• $PENGU Goes Live For Trading on Revolut

  The Pudgy Penguins token can now be traded on the top finance app in Europe

• Sonic Gets Added To Kaito Leaderboard

  Users can now earn $S by creating and sharing content around Sonic Labs

• MemeX Partners With Kaito For $700K in Rewards

  MemeX reveals unique human-verification system with $700K up for grabs

  Redemptions Begin For Ethereum Mobile Phones

  NFTs can now be redeemed for dGEN1’s as the physical phones will ship soon

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