🔺The number of ADP jobs in June decreased but not much. Initial unemployment claims increased that week, but also by a small amount.
🔺The next published data is no less than 190,000, which is bad news, because it is better than market expectations, whether it exceeds the previous value of 272,000 or just exceeds expectations of 190,000. Number of additional jobs created: 206,000.
🔺The unemployment rate continues to rise steadily and the unemployment rate falls to 3.9% or 3.8%, which is also bad news, unless the expected higher unemployment rate stimulates prices gold increased.
=> 221,228 million people have been liquidated => Total liquidation value is $588.28M The largest liquidation order occurred on Binance - ETHUSDT value was $18.48M
🚨 Bitcoin drops to 55,000 USD, what is the lowest level you think BTC will drop to?
💥 Bitcoin dropped to $57,800, nearly 180 million USD was liquidated
🌪 On the morning of July 4, #Bitcoin price dropped to 57,800 USD, the lowest level since the dump of 56,500 USD on May 1, and surpassed the bottom of 58,500 USD on June 25. This is the next adjustment of the world's largest cryptocurrency in just the past 2 weeks 🚨
There is no direct cause for the current correction, but pessimism has appeared in the market since the end of June, a time when bad news was recorded 🕵️♂️
- Bitcoin has bounced back to $63K, pulling several altcoins up with it, including ENS, ZRO, BNX, ZK... - Sony has made a significant move into the cryptocurrency space by acquiring the trading platform Amber Japan - July 8th is the deadline for institutions issuing Ether Spot ETFs to amend their S-1 forms and resubmit them to the SEC
⏰ Macro Schedule:
- 02/07 20:30: Fed Chairman Powell will speak at the European Central Bank Forum. - 05/07 19:30: The US will release Non-farm Payroll data. + Unemployment Rate: Forecast = 4.0%, Previous = 4.0% + Jobs Created: Forecast = 189K, Previous = 272K
📈 24-Hour Price Movements:
- Bitcoin: Rebounded from $61K to $63K after a period of stagnation. - Altcoins: Strong recovery with a green market, improving market sentiment. - Stablecoin Netflow: Over $162 million withdrawn from exchanges in the past 24 hours.
🔥The US government sent 3,940K Bitcoin to the Coinbase exchange
According to Arkham, the US has moved to transfer 3,940K Bitcoin, worth more than $243M, to Coinbase. This is the amount of Bitcoin confiscated by authorities from Banmeet Singh, a drug trafficker.
Currently, the US still owns more than 213 BTC, worth more than $13B, along with many other large altcoins such as ETH, WBTC, USDT, BNB... With a total value of more than $450M.
These are also the reasons why pessimism spread in the market last week, causing Bitcoin price to drop to its lowest level at 58,400 USD, before temporarily recovering to the area of 61,000 USD.
🔥Blast announces tokenomics and airdrop timeIn the first airdrop on June 26, this layer-2 will airdrop 17B BLAST tokens (accounting for 17% of the total supply) to users with the condition of logging into Blast Dashboard on the project website at least once to Take snapshots as announced 1 week ago
✅In it- 7% for Blast Points- 7% for Blast Gold- 3% for Blur FoundationIn addition, the top 0.1%, equivalent to about 1000 wallets, will vest the airdrop for 6 months
🎯Allocation of tokens in the ecosystem- Community: 50%- Project development team: 25.5%- Investors: 16.5%- Blast Foundation: 8%
⏰Time list: 22:00 - June 26 🪐Bybit, Kucoin, Gate, MEXC 📍Check airdrop link bellow comment
👇Blast is the third project airdropped in June 2024. Although it is unclear whether Blast will "suffer the same fate" as the two "big guys" zkSync and Layerzero? But currently the project is receiving a lot of support from the community when it makes the criteria for airdrop allocation public and transparent.
- AI giant Nvidia has its annual shareholder meeting on the night of June 26 - Binance freezes $5M in funds related to the $54M hack of BtcTurk - Ethereum gas fee falls to 3 gwei, lowest since 2020, opportunity for AE to airdrop - Blast will conduct Airdrop and token listing from June 26 - EigenDA enhances security and scalability
🗓 Macro Calendar:
+ 19:30 June 27: US Q1 GDP Update - Forecast = 1.4%, Previous Release = 1.3% + 19:30 June 28: US May PCE Index Release – Expected to Slightly Decrease - PCE Y/Y (Forecast = 2.6%, Previous Month = 2.7%) - Core PCE Y/Y (Forecast = 2.6%, Previous Month = 2.8%)
📈24-Hour Price Movements:
- BTC continues to drop, hitting $62.9k, market “bleeds” at the beginning of the week - Almost all altcoins are down following BTC - Over $31M in stablecoin netflow was withdrawn from exchanges in the past 24 hours
⚡️Unlock Details: 25% of the total supply will be unlocked, including: - 8.5% for airdrop - 11.5% for future activities (RFP, Snapshot, Discord roles, etc.) - 5% for the Foundation to add liquidity and marketing => 20% allocated for the community (8.5% + 11.5%)
💥Clarification from the CEO of LayerZero Labs: TGE includes only 8.5% for airdrop and liquidity => Liquid tokens ~ 10% of the total supply. => 25% unlock
🔸 Binance Launches Airdrop Program For $BNB Holders
By participating in Simple Earn with BNB, you can receive airdrop tokens from projects with a large circulating supply that are about to be listed on Binance if you meet the following conditions👇
- Participate in Simple Earn with BNB - Binance will take multiple snapshots of BNB balances in your account at random times to calculate the distributed token rewards - The more BNB you hold, the larger the airdrop you receive, but there is a maximum limit for each project which will be announced later - BNB deposited in Simple Earn will still be counted for both Binance Launchpool and Megadrop - Airdrop tokens will be sent to users' Spot accounts within 24 hours after Binance snapshots the BNB balances and allocates the pool - You must complete account verification (KYC) and be from an eligible jurisdiction to participate in "HODLER AIRDROPS"
For more details ➡️ https://binance.com/vi/support/announcement/binance-launches-hodler-airdrops-to-bnb-holders-59a0a10b835d4c3ab2ffbfca941e7d24
🔥Hunt Airdrop With The Beacon- The Most Promising Project On Arbitrum
@arbitrum has just established a $225M $ARB fund with strong support from Treasure DAO and Wintermute.
Currently, The Beacon is launching its first round with two significant opportunities: Play2Airdrop and Play2Whitelist. This is a fantastic chance to participate.
Taiko is a Layer 2 solution for Ethereum aimed at improving the network's scalability and performance.
🟢Here are 3 reasons why you should join this program:
1. Clear criteria and it's the first season: Similar to Mantle with its $15M reward fund, this program has less fomo but offers great returns.
2. Supported by Vitalik: Vitalik has been bullish on Taiko multiple times. Despite being mainnet for almost a month, the TVL is still just over $12M.
3. Good airdrop history: Taiko airdrops to testnet users without fees, making it worth supporting.
✍️How to earn XP: - Go to the event website: http://trailblazers.taiko.xyz - Connect your wallet and mint an NFT Faction Badge (requires ETH gas fees on Taiko network) - Activities to earn XP: Bridging (ETH and ERC20), transaction volume, transaction count, block proposals. - Each transaction gives 560 XP, each dollar value swapped gives 1 XP. - There is a daily XP cap, so make sure to do transactions daily.