BTC's direction hinges on capital flow and the pending ETH ETF approval.

BTC's direction hinges on capital flow and the pending ETH ETF approval.

Hot projects + Market overview

I. Mainstream exchange news

  • Coinbase will add support for the Euro stablecoin EURC (EURC).
  • Backpack Wallet supports the Arbitrum network.
  • Binance has launched the HODLer airdrop for BNB holders.
  • Upbit's updated terms separate users' custodial funds from its own assets.
  • Upbit will provide a Klayr (KLY) airdrop to users holding Lisk (LSK).
  • OKX will launch spot trading for LayerZero (ZRO).
  • HashKey Global launched a futures trading feature.
  • Binance will support the network upgrade and hard fork of Sei (SEI) and Harmony (ONE).

  • Bitcoin spot ETF lists on the Australian stock market.
  • ConsenSys is firm on suing the US SEC to seek clarity in crypto law.
  • friend.tech will open the token transfer feature for FRIEND in the upcoming weeks.
  • Jupiter's draft J4J plan proposes a 30% reduction in the total supply of JUP.
  • BNB Chain announced the launch of TVL Incentive Plan 3.
  • SynFutures announced the Base mainnet launch and Meme Perp Summer with cash and airdrop rewards.

III. Funding news

  • The derivative platform ZKX raised $7.6 million from a strategic round participated by GCR.

IV. Regulatory news

  • Binance seeks to lower the $4.4 million fine imposed by Canadian regulators.
  • Hong Kong's securities regulator will implement tokenization in the next three years to increase industry efficiency and improve the virtual asset regulatory system.

Market Overview

BTC continues to oscillate around $65,000. It reached a short-term low of $64,060, satisfying the minimum correction range of $71,997. The future adjustments will largely hinge on the flow of capital. 

The emphasis lies on whether BTC can establish a breakthrough trend on the positive side. The critical levels to monitor are the $66,200 and $68,000 - whether they can be breached and secured. 

With the expectation of an ETH ETF approval, the key focus of ETH is on whether $3,674 can be broken through and stabilized.

ASI recent hype expectation lift

Binance has confirmed it will support the merger of Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) into Artificial Superintelligence (ASI).

All existing spot pairs for FET, OCEAN, and AGIX will stop trading and be removed on July 1st at 3:00 AM (UTC). Trading for ASI spot pairs will commence on July 5th at 8:00 AM (UTC). Upon the announcement, the value of FET, OCEAN, AGIX tokens increased.

LingAI up 20% in a dayis

LinqAI is an innovative artificial intelligence (AI) solution provider, dedicated to changing the business pattern by integrating, optimizing, and automating processes to achieve a smarter, more efficient future. The token currently has a market cap of 21.27 million USD, with a trade volume of less than 1 million USD in the last 24 hours.

NPC up 14% in a day

Non-Playable Coin (NPC) is the first memecoin with a picture. Each NPC corresponds to a customized image. This mix of memecoin-NFT has been applied by the team as an ERC11 standard. The total supply of 8.05 billion tokens corresponds to the world population. 

NPC is up 14% in a day, with a market cap of $200 million, and a gain of 20 times from the low point.

MAGA is up 19% in a day

MAGA announced DWF as its partner on June 19th. The following response of DWF lifted market expectations. 

MAGA has retraced 50% from the high point, with a market cap of around $100 million. The daily trading volume exceeded $6 million. As the US presidential election draws closer, the market is expected to repeatedly hype election-related memes.

GROK up 11% in a day 

The idea of GROK comes from Grok, a chat tool from Musk's enterprise. The token is related to AI and Musk concepts. This token debuted on November 4, 2023, and has once surged over 130 times from its initial price. 

GROK's market capitalization is $63.38 million, on-chain liquidity is $3.95 million, and there are over 19,600 holding addresses.

On-chain Daily

  1. KAI: KAI is claimed to be the cousin of Shiba Inu. The breed is known for its hunting prowess.

Current Price: $0.0(7)267

Historical High: $0.0(7)319

24-Hour Change: +123%

Current Market Value: $11M

Official Twitter: https://x.com/kaikeneth

Trading Dashboard: https://dexscreener.com/ethereum/0xb10d5acee2233a30f03adf6f425249113395d7a8

  1. BEEF: BEEF features a bull with Pepe characteristics. What's unique about this memecoin is that the token address starts with 0xbeef69.

Current Price: 0.0(7)151

Historical High: 0.0(7)248

6-Hour Change: +2620% (Token Launch Time: 6/19, 18:15 UTC)

Current Market Value: $6.1M

Official Twitter: https://x.com/Pepe0xbeef

Trading Dashboard: https://dexscreener.com/ethereum/0x41f11282fb5330700a6c8a67dd2c7ebb9b8adfa5

  1. ZACK: ZACK is a memecoin on the Solana chain. Zack Morris is a well-known figure on Wall Street, known for making millions out of meme stocks and squeezing shorts.

Current Price: $0.0431

Historical High: $0.116

24-Hour Change: +13%

Current Market Value: $40.1M

Official Twitter: https://x.com/ZackMorrisSOL

Trading Dashboard: https://dexscreener.com/solana/7896dcx977xmjbos6bjvgkk4sb5p2fhctjx81dntbycx

  1. TILLY: TILLY is a memecoin on the Solana chain that combines the recent viral memecoin Billy with Trump.

Current Price: $0.0233

Historical High: $0.0247

24-Hour Change: +98%

Current Market Value: $2.3M

Official Twitter: https://x.com/tilly_solana

Trading Dashboard: https://dexscreener.com/solana/ch5pk1shnprblofxw85jdd3opccrsjxhmtsmvhf72vwf

  1. NORMUS: NORMUS is a memecoin on the Base chain that will later launch a Launchpad feature. Owners of the $NORMUS token will receive 30% of the revenue from Launchpad.

Current Price: $0.00191

Historical High: $0.00314

24-Hour Change: +40.5%

Current Market Value: $1.9M

Official Twitter: https://x.com/NormusOnBase

Trading Dashboard: https://dexscreener.com/base/0x70c079c33a9f5dae97bb5085be8155d6de68bbed

  1. weirdo: weirdo is a memecoin on the Base chain, featuring a blue figure.

Current Price: $0.000121

Historical High: $0.00022

24-Hour Change: +95%

Current Market Value: $8.4M

Official Twitter: https://x.com/weirdobase

Trading Dashboard: https://dexscreener.com/base/0xcb4aaa0b65c143b67021549de5dee6f0c8421966

Daily Rune Observation

Change in Gas Fee: The current BTC transaction fee is 26 bytes/satoshi, with a 24-hour increase of 120%, indicating a revival of overall handling fees.

CAT•WIF•NINE•LIVES: A total of 100,000 pieces were issued, with 0% reserved. Currently, 30,350 pieces have been minted, with 13,529 pieces in the memory pool, reaching 57% of the minting schedule. The number of holding addresses is 372.

STUPID•SILLY•CAT: The minting is completed. It is a popular project with a 24-hour trading volume reaching $910,000, an increase of 11.7%. The number of holding addresses is 2,035.

SAIKO•HAMSTER: The minting is completed. It is a popular project with a 24-hour trading volume reaching $98,000, an increase of 4.5%. The number of holding addresses is 1,673.

Top Runes Projects

DOG•GO•TO•THE•MOON: Runes #3, also known as the airdrop Runes of Runestone. Current price: 8.54 Sats, 24-hour change: -9%, Current Market Value: 8,539 BTC. 

BANK•OF•NAKAMOTO•DOLLAR: A synthetic dollar protocol built on Bitcoin L1. Current price: 17.9 Sats, 24-hour change: 11.4%, Current Market Value: 3,758 BTC. 

RSIC•GENESIS•RUNE: Runes #8, also the Runes created by the famous inscription mining project RSIC. Current price: 9.8 Sats, 24-hour change: -4.36%, Current Market Value: 2,054 BTC.

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