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#BTC What are you choosing? $BTC     or #Fiat 💵

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LUNC and USTC Pares Recent Gains LUNC and $USTC prices are back to 2-month lows. If the $LUNC support level at $0.000090 is broken again, bears can take over. LUNC price slid over 4% in the last 24 hours, with the price currently trading at $0.0009051. The 24-hour low and high are $0.00008112 and $0.00009757, respectively. Moreover, trading volume decreased further by 7% in the last 24 hours, but good terms of Binance #LUNC✅ burn mechanism. Meanwhile, #USTC price also dropped 5%, with the price now trading at $0.0184. The 24-hour #tradingvolume saw a mere 2% decline in the last 24 hours as traders bought the dip. #CryptoPCEWatch #MtGoxJulyRepayments

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Terra Luna Classic (LUNC) Burn Tax Change Proposal Officially Passed The Terra Luna Classic community has passed a key proposal to implement a revised LUNC burn tax distribution. This pay-per-job (PPJ) proposal gets over 98% support from community members and validators on moving ahead with changes as per proposal 12098 passed earlier by the Terra Classic community in previous months. It is expected to be implemented in mid-July. Terra Classic Community To Revise Burn Tax Distribution A pay-per-job proposal 12114 by popular developer Till Z., known as Fragwuerdig, was passed by the #TerraLunaClassic community. The developer has started working to implement the burn tax distribution change related to the oracle pool split as set in proposal 12098. The proposal received 98.04% “Yes” votes, which indicates the proposal saw major support from validators. Among 47 validators who participated in the governance voting, top validators such as Allnodes, Interstellar Lounge, JESUSisLORD, Stakely, HappyCattyCrypto support the proposal. As earlier reported, #TerraClassic has a burn tax set to 0.5%. Out of this, 80% is for burn and 20% is distributed as — 10% to Community Pool and 10% to rewards. As per 12098, the 20% will be distributed as 10% to Community Pool and 10% to Oracle pool. This will impact immediate block rewards for $LUNC users. Instead, the portion from the burn tax would go into long-term staking rewards (Oracle) to improve #LUNC✅ staking. In addition, it will help validators, but decrease the APR by about ~0.5% depending upon on-chain volumes. #CryptoPCEWatch #MtGoxJulyRepayments

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LUNC and #USTC Prices Hitting Resistance #TerraClassic ecosystem tokens hitting resistance levels to gain upside momentum, but fail to break the levels amid uncertainty in the crypto market. LUNC price jumped 2% in the last 24 hours but gave up most gains once again. The price currently trades at $0.00009079, with a 24-hour low and high of $0.00008877 and $0.00009432, respectively. Moreover, trading volume decreased by 45% in the last 24 hours, indicating a lack of interest among traders. Futures traders are mainly moving #LUNC✅ prices, as per CoinGlass data. The total LUNC futures open interest jumped over 4% in the last 24 hours, but traders sold $LUNC in the last few hours. Meanwhile, $USTC price also fell more than 1%, with the price currently changing hands at $0.01847. The 24-hour trading volume saw a 63% drop in the last 24 hours as traders failed to hold the recovery. USTC hit a 24-hour high of $0.01972. #CryptoPCEWatch #MtGoxJulyRepayments

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LUNC News: Terra Classic Highly Debated Proposal After TFL And SEC Settlement LUNC News: The Terra Luna Classic community started voting again on a highly debated proposal to increase the validators set on the blockchain. The move comes after Terraform Labs and #DoKwon agreed to settle with the U.S. SEC for $4.5 billion. The proposal aims to bring Luna v2 validators to Terra Classic after the TFL and SEC settlement, bolstering the network’s decentralization and benefiting the LUNC community. Terra Luna Classic Validator Set Boost Proposal Proposal 12116 “Increase Validator Active Set to 130” is currently undergoing governance voting on the Station wallet. If passed, the #TerraLunaClassic community will increase the validator limit to 130 from the current 100, as they look to welcome back validators from Terra Luna v2 after Terraform Labs and the U.S. SEC settlement. Expanding the validator set to 13o will strengthen #TerraClassic network’s decentralization and benefit the #LUNCcommunity . At press time, the proposal has received 38.04% “Yes votes” after top validator Allnodes voted “No” citing “The amount of $LUNC required to get into the active set is not burdensome.” Nevertheless, the proposal received 93.43% votes from delegates, indicating major support from the community. Among validators, 16 voted in favor of the proposal while five voted “No”, one “No with veto” and four “Abstain” votes. Vegas Node, Jesusislord, Nitawa, SolidVote, Hexxagon and other validators voted in favor of the proposal. #CryptoTradingGuide

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#REN/USDT chart #ANALYSIS - 5min $REN is currently experiencing a pullback on the higher time frame (HTF), which is leading to bullish momentum on the lower #timeframe (LTF). Therefore, a scalp trade can be considered. The previous swing high can be targeted as the level to test. #Entry : $0.0479 Target : $0.0504 SL : $0.0462 #CryptoTradingGuide

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