Bitcoin Price Falters As Macroeconomic and Regulatory Headwi | Yolin Jarayhgra a Binance Square-en

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Yolin Jarayhgra

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Bitcoin Price Falters As Macroeconomic and Regulatory Headwinds Mount 👑
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Felelősségkorlátozó nyilatkozat: Harmadik felek véleményét tartalmazza. Nem minősül pénzügyi tanácsnak. Szponzorált elemet tartalmazhat. Lásd a Feltételeket.

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#The Terra Classic community pool continues to grow. The amount of #LUNC✅ found in the pool reached 5.3 billion. The amount of #USTC/USDT exceeded 12 million units. The funds available here will be used for the development of the Terra Classic chain and will reach a significant value when the price increases.

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Is there future in $LUNA and $LUNC ? Montenegro Supreme Court has ordered the release Do Kwon, which seemed to make a lot of people and holders optimistic about the future of Terra. Terra's native token $LUNA have gone up by over 50% from its lowest point at 20 Maret, an increase to 1.3 from its lowest point at 0.7. Do Kwon has been a major controversy in the crypto market. A fatal flaw in his anchor protocol system, Terra Luna's Main Product has brought Luna coin into the depth of the abyss freefalling from around 119 to 0.0001. Do Kwon himself is sitting at bad position now as both South Korean court and United States SEC is trying to prosecute him amid his controversy. It's very unlikely that Do Kwon will ever comeback to see the happy day let alone taking the head of terra form lab once again. On the bright side, LUNC will undergo another network upgrade around next week to support dApps on LUNC chain. _Which could bring another price increase in Luna Classic_. Now if you like speculation you might want to ride the hype train as LUNC has a massive community bigger than LUNA itself. However, if you do so, please take profit accordingly since big investor is unlikely to ever touch this project again.

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Jasmy releases 2024 roadmap, involving deployment of wallets, development of carbon credit exchanges, etc. Odaily Planet Daily reported that Jasmy, a Japanese Internet of Things platform developer, released a roadmap for 2024. The key points are as follows: Data valuation: -Internet of Things equipment collaboration: Q1: Establish strategic alliances with Internet of Things equipment companies; Q1-Q3: Cooperate with the above companies Develop new features; Q3-Q4: The tangible benefits of leveraging IoT data will be demonstrated. -AI customization: Q1-Q2: Personal Data Locker will add new AI features to enhance its adaptability to user preferences; Q1-Q3: Jasmy will enhance the functionality of its blockchain PC by integrating AI. JASMY Token Economics: -Jasmy Wallet Deployment: Q1: The points system will be released on Jasmy L1 and will be integrated into the Jasmy ecosystem. QR transfers will be available between KYC users and it will operate in partnership with stablecoins. When the stablecoin is licensed, the points system will be the first to run; Q2: Expand cooperation within the exchange ecosystem and promote seamless token exchange; Q2-Q3: Use tokens to activate functions within the wallet. -Lockup: Q1: Introduce a locking function linked to the exchange to enhance ecological stability; Q2: Approximately 100 million JASMY tokens will be locked in Q2/April. Carbon Credit Exchange: - Development of Jasmy Carbon Credit Exchange (temporary): Q1: Establish basic exchange functions; Q2: Implement credit offset mechanism through token destruction. -Compliance: Q3-Q4: Apply for the voluntary market with the same standards; Q4: Obtain J-level credit certification. -Launch: Q4: Launch testnet and promote restricted trading activities. -Product cooperation: Q3-Q4: Credit link cooperation through blockchain PC. (BSC News)

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Terra Founder Do Kwon Released in Montenegro South Korean crypto fugitive Do Kwon has been released from prison in Montenegro as the Supreme Court deliberates on extradition requests from the United States and South Korea. According to a Bloomberg report, he was released on Saturday, March 23. The Supreme Court halted the extradition of the Terraform Labs co-founder to South Korea, suspending a lower court’s ruling. The Terra founder Kwon is currently facing fraud allegations in both South Korea and the U.S. stemming from the Terra Luna collapse, which resulted in the loss of approximately $60 billion in market value in 2022. The prison director Darko Vukcevic reportedly said by phone: “We released Do Kwon from prison as his regular prison term for traveling with fake papers ended. Since he is a foreign citizen and his documents were withheld, he was taken for an interview to the police directorate for foreigners, and they will deal with him further.” The decision to release Kwon reportedly came from the Council of the Supreme Court, which is set to review a decision that could grant or deny extradition to his native South Korea. In South Korea, penalties are comparatively milder than in the U.S., where prosecutors seek to prosecute Kwon for the TerraUSD algorithmic stablecoin’s $40 billion collapse in 2022. Related: Prosecutors request Changpeng Zhao surrender all passports ahead of sentencing Kwon’s lawyer Goran Rodic also confirmed his release. According to state TV, Kwon’s passport has been held back to prevent him from leaving the country. Later on Saturday, Kwon was relocated to a shelter for foreigners, as reported by state TV, citing Rodic, who indicated plans to appeal to a court for Kwon to remain free until an extradition ruling. The Supreme Court’s action followed a challenge by the chief prosecutor in the Balkan nation, who cited procedural errors in the rulings favoring South Korea’s request. Extradition to either country awaits further court deliberations, with no specified timeline provided after the announcement on Friday.

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