Notcoin Announces $7 Million Airdrop | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• According to Coinbase's weekly market report released on Friday, the U.S. economy may have peaked in Q2, curbing retail enthusiasm for cryptocurrencies.

2. Cryptocurrency Trends:

• Notcoin announces a $7 million airdrop, of which $5 million will be distributed to stakers and tier holders, and $2 million will be distributed to participating users over the next three months.
• Scroll launches its on-chain personality and reputation portal, Scroll Canvas. By interacting with various projects across the Scroll ecosystem, users will be able to collect achievements in the form of "badges".
• SEND, a Solana Blinks ecosystem meme project, has ended its Alpha Vault and completed its TGE, with a total deposit of over 720,000 SOL.
• SHIB plans to transfer control of the project to the community by the end of this year, with a dedicated committee to lead project-related matters.
• Issuers like BlackRock's BUIDL and Ondo plan to apply for MakerDAO's $1 billion tokenized treasury investment plan.
• Sources say the U.S. SEC will hold a closed meeting on July 18 to discuss the Ripple (XRP) lawsuit and a potential settlement.
• DOGS, a TON ecosystem meme project, announces that the promotion for purchasing DOGS points using Telegram Stars will end on July 15. The collected Telegram Stars will be entirely donated to charity.
• Stacks (STX), a Bitcoin L2 network, completes the coding for the Nakamoto upgrade, which will achieve transaction speeds of around 5–10 seconds, approximately 100 times faster than current transaction speeds.

3. Financing Trends:

• Pixelverse raises an additional $2 million in a funding round with participation from Galaxy Interactive, Critical Ventures, and others. With a total funding of $7.5 million, the project is planning for a TGE this summer.

4. Regulatory Trends:

• South Korea considers a delay in taxing cryptocurrency investment income. If the law is passed, the taxation of cryptocurrency investments will be postponed from January 1, 2025, to January 1, 2028.