President Biden has rejected a proposal aimed at overturning | Aysha gul on Binance Square

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President Biden has rejected a proposal aimed at overturning the SEC's crypto guidance, maintaining regulatory stability and impacting the crypto market in the short term. This decision reflects the administration's stance on crypto regulation and may shape future policies in the sector.
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**Bitcoin Update: Potential Rate Cut in September**click here for USDT reward 🎁 Bowen recently mentioned that a rate cut might be considered in September. Despite most traders being bullish last night, my bearish prediction was accurate as Bitcoin dropped by $2,600, falling below $65,000 and approaching $64,000, just as anticipated. The market outlook for Bitcoin will become clearer after August 2, with extreme market conditions expected on that date. Stay tuned for these developments to better understand Bitcoin's future movements. For now, it is advised to maintain short positions. Manage your investments wisely and ensure good risk control. Enjoy your journey in the cryptocurrency world. #BTC☀ $BTC

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## 🚨 🚨 The Bull Run: Are You Prepared? 🚨 🚨 Everyone talks about the bull run and how it can make you rich if you hold on, but did you know that holding crypto without a strategy can backfire? While holding crypto can lead to wealth, understanding market cycles is crucial. The market goes through bear and bull cycles. There will be times when you’ll see $BTC racing to $100,000, $WIF reaching $10, and $SOL hitting $500. However, these same coins can also drop by as much as 50%. Holding crypto blindly means missing out on taking profits when you should. Nothing beats a trader who has mastered the art of taking profits. Some people have held meme coins from $100 to $3,000, only to watch them crash back to $0. Stay tuned for more insights in the next post. #BTC☀ #SolanaUSTD $BTC

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Historically, crypto bull runs last around 18 months following a halving event. The most recent halving occurred 2.5 months ago, suggesting that the next 15 months could offer significant financial opportunities. However, positioning yourself correctly in the market is crucial. In the upcoming months, I will share my exit strategy and guide you on maximizing profits during the bull run. I will teach you how to leverage this bull run to create substantial wealth, potentially enough to retire your entire family. We will navigate this journey together and achieve these goals as a team! #BinanceSquareFamily

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## $LMWR Poised for Another Leg-Up $LMWR is showing strong momentum after confirming the $0.30 support level, indicating it is ready for another upward move. If Bitcoin remains favorable, $LMWR is likely to reach its next target of $0.62. In the previous rally, $LMWR achieved 750% growth. #LMWR

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## Binance Confirms 1.7 Billion LUNC Burned Crypto exchange Binance is making significant changes with the community app Tax2Gas. As part of this initiative, 1.7 billion Terra Luna Classic (LUNC) tokens were burned. This burn has piqued the crypto community's interest in the next target. Binance, the world's largest crypto exchange, burned 1.7 billion Terra Luna Classic tokens in the latest wallet burn on Monday. After the 23rd batch of the LUNC burning mechanism, Binance has burned approximately 62 billion LUNC to date. The total LUNC tokens burned by the Terra Luna Classic community have exceeded 125 billion. Binance has supported the Terra Luna Classic revival since 2022 through the monthly LUNC burn mechanism. On July 1, the Terra Luna Classic community witnessed the incineration of 1.7 billion Terra Luna Classic tokens by Binance. This burn also included 8.5 million LUNC in taxes. The Tax2Gas implementation expected this month will likely increase the burn rate. The 23rd batch of the LUNC burning mechanism saw Binance spend a significant amount of transaction fees for the period from May 31 to June 29. Binance has burned approximately 61.99 billion Terra Luna Classic tokens from transaction fees on the LUNC spot and margin trading pairs. As a result of the recent burn by Binance, the net burn of the Terra Luna Classic community has now exceeded 125 billion LUNC. Binance accounts for over 50% of the total LUNC burned since the community took control of the chain. The lower burn amount compared to the community is due to less processing. #LUNC✅ $LUNC

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