Contents
- 1 ⛵ Animoca plans to enter markets in Hong Kong or the Middle East
- 2 🪙 The U.S. will consider a bill to pay income tax in BTC
- 3 💱 Bybit exchange has become the second-largest crypto exchange in the world
- 4 🌠 Will Bitcoin collapse to $50K?
- 5 🤡 Rapper “Playboi Carti” fooled everyone
- 6 🔑 Key crypto market highlights (June 26-July 3)
- 7 💵 Ideas
Greetings, crypto warriors! 💥
⛵ Animoca plans to enter markets in Hong Kong or the Middle East
Animoca Brands is looking to enter the Hong Kong or Middle East market in 2025, Information reported.
The Web3 giant is considering options for a potential listing. The company has already held talks with investment banks, but has not yet hired an adviser.
The brand new newsletter with insights, market analysis and daily opportunities.
Let’s grow together!
Famous games in the Animoca Brands portfolio:
- CryptoKitties
- Power Rangers: Battle for the Grid
- Power Rangers: Legacy Wars
- Axie Infinity
- Beast Quest
- Pretty Pet Salon
- RollerCoaster Tycoon
- Star Girl
- F1 Delta Time
- The Sandbox
🪙 The U.S. will consider a bill to pay income tax in BTC
The U.S. congressman Matt Gaetz introduced legislation to require the U.S. Secretary of the Treasury to implement a program to allow federal income tax to be paid with Bitcoin. And, possibly, in other cryptocurrencies.
💱 Bybit exchange has become the second-largest crypto exchange in the world
Due to the launch of spot Bitcoin ETFs, Bybit has surpassed Coinbase in terms of share of trading volume to become the second-largest crypto exchange in the world. The first place is still occupied by Binance.
🌠 Will Bitcoin collapse to $50K?
Analysts at 10x Research are warning of a possible Bitcoin correction to $50,000 soon. It is possible that the fall could be even more severe.
🤡 Rapper “Playboi Carti” fooled everyone
Playboi Carti is known for always postponing the release of his new album due to constant leaks. This stereotype has stuck to him, and that’s what scammers took advantage of.
Last week, scammers created an X account with the nickname “Carti on Solana.” There they posted an excerpt of his leaked track and started soliciting to buy the CARTI token.
They promised new music material for capitalization:
- $300K – an excerpt
- $500K – a whole track.
- $700K for an excerpt.
- $1M – a whole track.
And so, when the asset reached capitalization of $700K, a rug pool took place – the developers sold all their tokens. What a surprise!
🔑 Key crypto market highlights (June 26-July 3)
- Elf x Portkey airdrop campaign (18.06-.02.07).
- Reef will launch its first product (26.06).
- Wemix Token to deprecate CrypTornado service (26.06).
- The Blast airdrop – claim here (26.06).
- Yield Guild Games (YGG) – 16.69M coins, or 4.48% of the circulating supply, to be unlocked (27.06).
- Horizen to undergo hard fork (27.06).
- Ring AI will make an announcement (27.06).
- HiVe Summit in San Francisco (28.06).
- Echelon Prime (PRIME) to unlock 750K tokens, or 1.83% of the circulating supply (30.06).
- BABB airdrop cut-off date (30.06).
- Areon Network token burn (30.06).
- Optimism (OP) unlock of 31.34M coins or 2.88% of the circulating supply is set (30.06).
- Geodnet halving (30.06).
- Dydx (DYDX) will unlock 8.33M, or 3.12% of its token circulating supply (01.07).
- Sui (SUI) – 64.19M coins, or 2.65% of the circulating supply, to be unlocked (01.07).
- Maverick Protocol (MAV) to unlock 36.40M tokens, or 14.56% of the circulating supply (01.07).
- ZetaChain (ZETA) unlock of 5.29M coins or 1.92% of the circulating supply is set (01.07).
- Acala (ACA) will unlock 27.43M, or 2.69% of its token circulating supply (01.07).
- io.net (IO) – 7.50M coins, or 7.89% of the circulating supply, to be unlocked (01.07).
- XRPL Meetup in Luxembourg (02.07).
- Point Zero Forum in Zurich (01-03.07).
- DEAPCOIN will have a service enhancement update (03.07).
💵 Ideas
[1] 🔔Participate in Mantle’s Methamorphosis campaign
On July 1, Mantle is launching the Methamorphosis campaign to introduce us to the new cmETH and COOK tokens. The campaign can collect mETH from partner protocols and accumulate Powder for a future upgrade to cmETH (future LRT). Powder will be convertible into COOK (new management token).
Known details:
- cmETH marks the next phase of Mantle LSP development with a new LRT token representing the ”meth” amorphosis from mETH;
- COOK will be the new management token for the Mantle LSP;
- Holders of mETH will receive additional returns and giveaways from partners;
- COOK tokens will also be available for $MNT staking at the Mantle Reward Station;
- more details will be available when the campaign launches.
[2] 🔔 Deep, down and low…
On June 25, the price of Bitcoin (BTC) dropped significantly to around 58,450. However, it bounced back strongly, reaching a high of about 61,600. Currently, digital gold is facing resistance and is starting to fall again.
According to q4yrf4 analysis, BTC is clearly in a downward trend. The price has fallen below the 50-day moving average, and the 10-day moving average has crossed below the 20-day moving average, creating a pattern known as a “death cross.” Now, it’s important to watch the 61,600 resistance level. If the price can’t break above $61,600, it will likely continue to go down.
Suggestion: if the BTC hits resistance between $61,000 and $61,600, consider selling, with a target between $59,500 and $60,000.
On June 26, BTC fell below it after breaking through the $61,600 resistance level. The strength of the rebound has weakened, making it unlikely for the price to reach a new high.
*Any technical analysis, in the long run, cannot accurately predict the movement because now is a very tough market and the news can swing currencies in all directions.
[3] 🔔 Blast airdrop details
In a couple of hours, we will see the payoff for those who have been working on the hippest and fastest-growing blockchain on TVL.
Blast’s branding is scheduled to start at 2 p.m. UTC, the claim page is at this link. Listings on Bybit, Gate (3 P.M. UTC), Upbit – 2 P.M. UTC, and other exchanges are scheduled for 18:00 MSC (times may be rescheduled).
Contract address: 0xb1a5700fA2358173Fe465e6eA4Ff52E36e88E2ad
Tokenomics:
- The total token supply, BLAST 100B, will be 17B at launch;
- 50% allocated to the community, 25.5% to core contributors, 16.5% to investors, and 8% to Blast Foundation;
- airdrop Phase 1 is allocated 17%, of which 7% is allocated to Blast Gold, 7% to points, and 3% to Blur users.