Welcome, Crypto enthusiasts!

DOGE has recently reversed it’s bearish trend along with other meme coins and Bitcoin preps new liquidity in 10 days.

In Today’s Blockstreet Journal:

• DOGE’s Bearish Trend Reverses

• Bitcoin Moons In 10 Days

• Market Rundown

• Top Gainers & Losers

• Airdrops & More News

Latest News

DOGECOIN
🐶 DOGE’s Bearish Trend Reverses 

Word On The Street: Today's surge in Dogecoin's price to $0.12 marks a notable rebound, reversing the downward trend observed in recent days.

The details:

• Other prominent memecoins like Shiba Inu and Pepe have also seen substantial gains, increasing by 3.9% and 10.5%.

• The recent uptick in trading volume points to a reinvigorated interest and activity surrounding Dogecoin.

• Data indicates that the number of DOGE transactions ranging from $100,000 to $1 million has risen by approximately 35%.

Why it matters: This heightened activity from large investors demonstrates a robust confidence in the network, aligning with the rising market value of this target memecoin.

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BITCOIN
🏦 Bitcoin Beefs Up In 10 Days 

Word On The Street: Bitcoin could see a return to positive price movements in 10 days as U.S. conditions are poised to become more favorable.

The details:

• Despite Bitcoin currently being down by about 3.2% in June, the situation may improve before the end of the month.

• Bitcoin's price fluctuations align closely with the peaks and troughs in Fed liquidity.

• Notably, Bitcoin's recent peak of $73,800 in mid-March coincided with a spike in liquidity.

Why it matters: Looking ahead to the third quarter and beyond, there is growing anticipation for a new surge of institutional interest in Bitcoin.

Market Rundown

Fear & Greed Index

The global crypto market cap is $2.36T, a 0.15% increase over the last day.

The total crypto market volume over the last 24 hours is $65.9B, which makes a 15.35% decrease. The total volume in DeFi is currently $5.11B, 7.75% of the total crypto market 24-hour volume. The volume of all stable coins is now $60.7B, which is 92.10% of the total crypto market 24-hour volume.

Bitcoin’s dominance is currently 54.15%, a decrease of 0.13% over the day.

Global Market Metrics

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

- Total Market Capitalization: $2.36T

- Total 24-hour Volume: $65.90B

- Active Cryptocurrencies: 10,137

- Active Market Pairs: 82,825

- Active Exchanges: 783

- Bitcoin Dominance: 54.15%

- Ethereum Dominance: 18.20%

- DeFi Market Capitalization: $75B

- DeFi 24-hour Volume: $5.11B

- Stablecoin Market Capitalization: $155.21B

- Stablecoin 24-hour Volume: $60.70B

- Derivatives 24-hour Volume: $578,.84B

Top Gainers & Losers

🚀 Top Gainers

💩 Top Losers 

Airdrops & More News

DAILY AIRDROP
📦️ Mercle Airdrop

Mercle has announced chapter 1 of the House of Incentives airdrop campaign as a part of their pre-incentivized testnet. They have confirmed their MRCL token and have allocated 70% of the supply to its community members.

Step-by-Step Guide:

1. Visit the Mercle website.

2. Connect your wallet.

3. Chapter 1 of the airdrop focuses on MBADGEs. Users need to complete actions to compete for Hands of Support NFT in silver, gold, or platinum.

4. The more MBADGEs you collect, the higher your chance of receiving the Diamond Hands NFT.

5. You can also collect XPs by finishing on-chain tasks, social media tasks.

6. Users can also pet the cat to collect MEW points every 6 hours.

7. They have confirmed their MRCL token and have allocated 70% of the supply to its community members.

8. You can also refer your friends to earn more XP.

9. To obtain a referral link, ensure that you connect your X and Discord accounts, email and Telegram. Also, mint 2 MBADGEs.

10. You can find your referral link by clicking on the human icon on the upper right hand side.

Other News

Michael Saylor's MicroStrategy Acquires 11.9K More Bitcoin for $786M. The company now holds 226,331 bitcoins worth just shy of $15 billion.

Kraken recovers $3 million from CertiK, ending bug bounty saga. Certik has returned the funds to Kraken exchange, putting a happy end to the bug bounty-related saga.

Crypto Custody Firm Fireblocks Adds ‘One-Click’ Audits, Tax Reporting. Software from Web3 accounting company Tres works with a wide range of digital asset networks, and can be integrated with accounting software such as QuickBooks, Xero and NetSuite.

1inch partners with Blockaid to combat DeFi fraud and cyber threats. Blockaid CEO Ido Ben-Natan told Cointelegraph that the product allows developers to integrate the solution through an API, avoiding the need to develop security measures from scratch.

🫡 Thanks For Reading

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