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Big News: Trump Backs Domestic Bitcoin Mining! 🌟 David Bailey, CEO of Bitcoin Magazine, announced that former President Donald Trump will join the Presidential Roundtable on Domestic Bitcoin Mining. This shift marks a major change in Trump's stance on crypto, showcasing his support for the industry. The event will bring together key stakeholders in U.S. Bitcoin mining, aiming to foster growth and prevent companies from moving overseas. Trump's campaign now includes pro-crypto policies, signaling a significant move in the political landscape. #crypto #Bitcoin❗ #Trump #simple #ETHETFsApproved

Big News: Trump Backs Domestic Bitcoin Mining! 🌟

David Bailey, CEO of Bitcoin Magazine, announced that former President Donald Trump will join the Presidential Roundtable on Domestic Bitcoin Mining.

This shift marks a major change in Trump's stance on crypto, showcasing his support for the industry.

The event will bring together key stakeholders in U.S. Bitcoin mining, aiming to foster growth and prevent companies from moving overseas.

Trump's campaign now includes pro-crypto policies, signaling a significant move in the political landscape.

#crypto #Bitcoin❗ #Trump #simple

#ETHETFsApproved

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The circulating supply of Terra Luna Classic ($LUNC ) is a staggering 6.8 trillion tokens. To date, the LUNC community has successfully incinerated 116 billion of these tokens, marking a modest 1.7% reduction in total supply. Despite this effort, the current burn rate poses a significant challenge to the token’s resurgence. With the reins now in the hands of the LUNC community, the path to a price rally hinges on pioneering and strategic initiatives. The aftermath of Terraform Labs’ impact leaves LUNC facing a tumultuous phase, with heightened volatility anticipated as the community strives to rectify the fallout. In the midst of uncertainty, numerous investors maintain their hold on LUNC, banking on a potential windfall. As the market’s pendulum swings, the future remains a canvas of possibilities—will their steadfastness be rewarded? The unfolding of time will reveal the outcome of their conviction. Stay tuned for the next chapter in the LUNC saga. #ETHETFsApproved #TopCoinsJune2024 #BTC #altcoins #bitcoin
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Terraform Labs’ Settlement Proposal: A New Chapter for #LUNC In a significant development, Terraform Labs is reportedly poised to offer a settlement amounting to approximately $200 million for CEO Do Kwon. This move comes as part of a broader settlement proposal, where Terraform Labs is prepared to allocate a staggering $4.47 billion to address outstanding liabilities. The cryptocurrency community eagerly awaits the decision of Judge Rakoff, whose approval of this agreement could mark the beginning of a transformative era for $LUNC. This proposed settlement has the potential to turn the page on previous challenges, ushering in a fresh start for the token and its holders. Stay tuned as we continue to monitor this evolving story, which could have far-reaching implications for the future of $USTC , $LUNC , and $LUNA . #BTC #bitcoin #ETHETFsApproved #TopCoinsJune2024
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$LUNC 🔥📈 Latest Developments in Terra Luna Classic and SEC Case Against Terraform Labs Legal Updates Terraform Labs and its CEO, Do Kwon, have recently reached a tentative settlement with the U.S. Securities and Exchange Commission (SEC). This settlement follows charges from the SEC accusing them of defrauding investors through the TerraUSD (UST) stablecoin and other crypto asset securities. Initially, the SEC sought $5.3 billion in fines, but the final settlement details are still pending court approval. Do Kwon, who was arrested in Montenegro for using falsified travel documents, remains entangled in legal battles and faces potential extradition to either the U.S. or South Korea. The settlement agreement with the SEC has provided some relief to the Terra ecosystem tokens, with LUNA and LUNC showing positive price movements following the news. Market Impact The news of the settlement has had a noticeable impact on the market. Terra Classic (LUNC) and Terra (LUNA) saw significant gains. LUNC’s price increased by approximately 15% shortly after the settlement announcement, reflecting renewed investor confidence. This surge is part of a broader positive trend for Terra ecosystem tokens, with LUNA also experiencing a notable price increase. Despite these gains, the market remains cautious due to ongoing legal uncertainties. The broader cryptocurrency market has been experiencing fluctuations, influenced by various factors including regulatory developments and market sentiment. #altcoins #ETHETFsApproved #FIT21 #bitcoin #FIT21
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🚨 BREAKING NEWS: Terraform Labs and Do Kwon Reach $4.47 Billion Settlement with SEC 🚨 In a groundbreaking resolution, Terraform Labs and its founder, Do Kwon, have consented to a monumental $4.47 billion settlement in their ongoing litigation with the Securities and Exchange Commission (SEC). This landmark agreement signifies a pivotal moment in the regulation of the cryptocurrency sector and delivers a resounding message to other entities within the industry. The $SEC had charged Terraform Labs and Do Kwon with breaching securities laws by offering unregistered digital assets and disseminating false and misleading information to investors. Additionally, the company faced allegations of market manipulation and insider trading. The $4.47 billion penalty stands as one of the most substantial fines ever levied by the SEC and is poised to have a significant impact on the cryptocurrency landscape. It serves as a stern warning to other companies about the necessity of adhering to securities regulations or facing severe repercussions. As part of the settlement, Terraform Labs and Do Kwon are required to relinquish all ill-gotten gains and pay prejudgment interest. Furthermore, the company must implement extensive reforms to its business practices and governance structure to avert future violations. This case underscores the critical role of regulatory oversight in the cryptocurrency industry and the imperative for companies to operate with transparency and integrity. As the industry continues to evolve, it is essential for companies to comply with legal standards and prioritize the interests of their investors. #FIT21 #Metaverse #ETHETFsApproved #altcoins #bitcoin
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• Tether to Invest More Than $1 Billion in Deals Over Next Year • Billionaire investor Bill Miller published a blog post titled 'Why I’m Still Betting on Bitcoin' • Meme Coin Trader Turns $6758 Into $4.2 Million In Less Than Four Months • Andrew Tate delivers harsh message to crypto traders • Mark Cuban Believes Crypto Will Play Decisive Role in 2024 Presidential Election #altcoins #BTC #bitcoin #Metaverse #Metaverse
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