Welcome, Crypto enthusiasts!

If Bitcoin doesn’t close higher by end of June we may be at risk of loosing the uptrend momentum.

In Today’s Blockstreet Journal:

• Bitcoin Uptrend In Risk

• Telegram’s Notcoin to 2X

• Market Rundown

• Top Gainers & Losers

• Airdrops & More News

Latest News

BITCOIN
🫣 Bitcoin Uptrend In Risk 

Word On The Street: Bitcoin may lose its overall uptrend if it ends June below $56,500, according to a new BTC price warning.

The details:

• BTC/USD hit its lowest levels since the start of May this week, bringing those previous lows back into focus among traders.

• Market pressure is expected to increase toward the end of the week due to the convergence of weekly & monthly closes on a single day.

• Order book data from Binance, the largest global exchange, showed a "ladder" of bid liquidity strengthening between the current spot price and $55,000.

Why it matters: Material Indicators predicts that if bears gain the upper hand, the $56,500 level from seven weeks ago will form the critical support zone that buyers must defend.

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ALT COINS
🤩 Telegram’s Notcoin to 2X 

Word On The Street: Telegram-based Notcoin (NOT) is poised for substantial growth, with projections suggesting its market capitalization could double.

The details:

• On June 25, the Notcoin team announced the burning of 210 million NOT tokens worth $3 million in a single day.

• The Notcoin team also disclosed plans to distribute $4.2 million worth of NOT tokens to "Gold and Platinum users" of its Explore initiative.

• TA suggests that NOT's price rally is part of a broader rebound when it tested the lower trendline of a bullish reversal falling wedge pattern.

Why it matters: Applying these technical principles to NOT's bullish scenario, the upside target for July is between $0.023 and $0.031, representing a 45-100% increase from current price levels, depending on the breakout point.

Market Rundown

Fear & Greed Index

The global crypto market cap is $2.28T, a 0.21% decrease over the last day.

The total crypto market volume over the last 24 hours is $60.19B, which makes a 30.04% decrease. The total volume in DeFi is currently $3.95B, 6.56% of the total crypto market 24-hour volume. The volume of all stable coins is now $56.69B, which is 94.19% of the total crypto market 24-hour volume.

Bitcoin’s dominance is currently 53.55%, an increase of 0.16% over the day.

Global Market Metrics

As of today, the current state of the cryptocurrency market is as follows:

- Total Market Capitalization: $2.28T

- Total 24h Trading Volume: $60.19B

- Active Cryptocurrencies: 10,117

- Active Market Pairs: 83,898

- Active Exchanges: 784

Dominance:

- Bitcoin (BTC): 53.55%

- Ethereum (ETH): 17.86%

Market Segments:

- DeFi Market Capitalization: $74.15B

- DeFi 24h Volume: $3.95B

- Stablecoin Market Capitalization: $155.42B

- Stablecoin 24h Volume: $56.69B

- Derivatives 24h Volume: $546.64B

Top Gainers & Losers

🚀 Top Gainers

 💩 Top Losers

Airdrops & More News

DAILY AIRDROP
📦️ f(x) Protocol Airdrop

f(x) Protocol is running a points campaign for its arUSD stablecoin users. Users can earn free EtherFi, Eigen Layer and FX points with arUSD. Read the guide below to find out how. Users who collect points might be eligible for an airdrop in the future. They have kept aside 0.5% of the FXN supply for airdrop.

Step-by-Step Guide:

1. Visit the f(x) Protocol website.

2. Connect your wallet.

3. Mint some rUSD.

4. arUSD is the tokenized version of rUSD EtherFi Stability Pool vaults from Convex Finance.

5. Deposit in the eETH stability pool to earn eETH and FXN.

6. Additionally, users can 4X EtherFi and 2X Eigen Layer points.

7. You can also earn Renzo’s ezETH and ezPoints for depositing in ezETH stability pool.

8. For a limited period of time, users can also earn 3X EtherFi points and 3X FX points.

9. You can earn with arUSD in multiple ways.

10. By holding arUSD in your wallet, you can earn automatic compounding interest.

11. During the two weeks boostrapping phase, you’ll earn up to 6X EtherFi points instead of the regular 4X with arUSD.

12. You can also earn additional points by inviting your friends.

13. Users who collect points might be eligible for an airdrop in the future.

Other News

Sui expands custody with Copper to attract institutional finance. The two-year-old layer-1 blockchain is teaming up with the digital assets financial services provider to create new infrastructure options.

Animoca Looks to Go Public in Hong Kong or Middle East in 2025. The prominent Web3 investor has held talks with investment banks but has yet to finalize an adviser.

PancakeSwap launches AI-powered prediction market on Arbitrum. Arbitrum users can now predict Ether price movements with PancakeSwap’s AI-powered market, leveraging Allora’s machine-learning data for accuracy.

Blast Token Debuts at $3B Value as 17% of Supply Airdropped to Early Adopters. Blast is the second largest layer 2 network with $1.6 billion in TVL.

🫡 Thanks For Reading

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