⚠️ Terraform Labs to Dissolve After SEC Settlement, CEO Announces

Following a settlement with the U.S. Securities and Exchange Commission (SEC), Chris Amani, who succeeded Do Kwon as the CEO of Terraform Labs, disclosed that the blockchain firm is set to dissolve.

🔸 Terraform Labs Set to Close Doors Post-SEC Settlement

Blockchain startup Terraform Labs has announced it is ceasing operations following a settlement with the SEC. CEO Chris Amani released the statement on the social media platform X. With the settlement complete, Amani noted he could now discuss the future of Terraform Labs (TFL).

“TFL always intended to dissolve at some point and that point is now. We will be winding down operations completely,” Amani stated. “Special thanks to the lunatics who supported us through this process and thanks to the TFL team. I’m incredibly proud that we were able to hold this company and ecosystem together and continue to build innovative products through all of this.”

The TFL leader added:

💬 We were well positioned to accelerate things if we had won the trial, but unfortunately we lost and as a result, can no longer operate.

Meanwhile, the Terra ecosystem persists to an extent, supported by several decentralized applications and its tokens. However, the cryptocurrency tokens originating from the Terra blockchain have declined in value significantly. LUNA 2.0, the replacement for LUNA, has plummeted by 97%. In the decentralized finance (defi) arena, Terra defi protocols currently secure a mere $5.37 million in value locked, placing the chain at the 107th position among the leading blockchains by value locked.

$LUNA $LUNC #TERRA #LUNC #LUNA

#FavoriteToken $ETH
غالبا ما يشار إلى "الإيثريوم" (Ethereum) على أنها ثاني أكثر العملات المشفرة شعبية بعد البتكوين (Bitcoin) ولكنها على عكس أغلب العملات الافتراضية ومنها البتكوين، تهدف إلى أن تكون أكثر من مجرد وسيلة لتبادل وتخزين القيمة، عوضا عن ذلك فهي تسمي نفسها شبكة حوسبة لامركزية مبنية على تقنية "البلوك تشين" (blockchain).

كيف تعمل الإيثريوم؟

يقول الكاتبان ديفيد روديك، بنجامين كوري، في تقرير نشرته مجلة "فوربس" (Forbes) الأميركية، إنها تماما مثل كل العملات المشفرة، وتعتمد إيثريوم في عملها على شبكات البلوك تشين، وهي سلاسل كتل لا مركزية، ودفاتر حسابات عامة موزعة يتم فيها التثبت من كل التحويلات وتسجيلها.

• 🐯 Comprende los conceptos básicos 📚

• Antes de comenzar a operar con criptomonedas, asegúrate de entender los fundamentos.

• Investiga sobre #Bitcoin ( $BTC ) y otras criptos, así como sobre la tecnología #blockchain .

• Siempre es importante hacer tu propia investigación ( #Dyor )

• Nuevo Curso Disponible ( NFT Deep Dive ) .
• Luego de completar el curso Recibira un NFT .

@Binance Academy
#NFT

$BTC $ETH $BNB
我们很可能正在这次调整的底部了！

大多数的山寨币已经形成了底部并围绕底部区间进行积累。牛市和替代币即将到来的浪潮即将到来，很快就会看到山寨币相继创造新的最高纪录！

比特币ETF资金正快速回流，以太坊ETF资金即将涌入。USDT和USDC稳步增发，但还未全部注入市场。

高级项目的代币经济几乎都会在2025年初推出，这是大鲨鱼开始推动浪潮的时机。

多年紧缩的经济政策已经放松。好的环境将为资金注入创造条件，就像之前的牛市一样。

基金们仍在准备好一切，包括注入资金、将大型代币上市，只等待一个好机会将一切推向高点。

此外，市场目前的调整也是必要的，以便传统投资基金必要的资金能够有好的位置参与市场。

#BTC走势分析

$BTC $ETH
黄金 ETF 花了 5 年时间才突破 500 亿美元的资产管理规模。而大饼ETF用了 57 天！期待以太ETF带来的威力！ ​​​
#现货以太坊ETF获美SEC批准

Sí, ha habido informes de que 《Elon Musk》y el ex presidente 《Donald Trump》han mantenido conversaciones sobre la política de criptomonedas. Según Bloomberg, Trump ha estado destacando el Bitcoin y otros activos digitales en su campaña, viéndolos como una forma de atraer a nuevos votantes. Las discusiones también han incluido la posibilidad de que Musk asuma un papel de asesoramiento amplio si Trump gana un segundo mandato en noviembre. Sin embargo, Musk ha negado haber discutido criptomonedas con Trump, aunque generalmente está a favor de las cosas que transfieren el poder del gobierno a la gente, lo cual puede hacer la criptomoneda. Además, se informó que Musk y Trump se reunieron en una cumbre secreta con otros donantes republicanos adinerados para impulsar la financiación de la campaña presidencial de Trump para 2024.

#DonaldTrump #TrumpNFT #Trump #ElonMusk #Trump
$DOGE $BTC

🐋 DOGE Skyrockets 100% in Whale Transactions Amid Dogecoin ETF Rumors

Dogecoin (DOGE), the famous meme-inspired cryptocurrency, is experiencing a surge in large transactions in the last 24 hours, indicating potential activity from major investors, or "whales."

According to data from IntoTheBlock, the total value of these large transactions, exceeding $100,000, nearly doubled in the past 24 hours, jumping from $1.53 billion to a staggering $3.01 billion. This translates to a significant rise in the volume of DOGE being moved by these whales, from 9.74 billion to 17.97 billion coins.

This surge in whale activity coincides with growing speculation about a potential Dogecoin ETF. The recent optimism surrounding the Ethereum ETF has fueled rumors that DOGE could be next in line for its own regulated investment vehicle.

🔸 Why is Dogecoin ETF possible?

Dogecoin appears to have several factors working in its favor for ETF approval. Unlike some other cryptocurrencies, DOGE is not suspected of being a security, its futures are already approved by the U.S. Commodity Futures Trading Commission (CFTC) and it boasts a healthy market capitalization of $24 billion, ranking it as the eighth largest cryptocurrency.

Interestingly, Billy Markus, one of the creators behind Dogecoin under the pseudonym Shibetoshi Nakamoto, has even chimed in on the ETF rumor with a lighthearted "amusing" remark.

Whether fueled by these rumors or not, the recent surge in whale transactions suggests heightened interest in DOGE, and investors are watching closely to see if this translates to a price increase.

$DOGE #DOGE #Dogecoin

📊 Cardano’s Price Fluctuates Around $0.49

The price of Cardano (ADA) is rising after breaking above the 21-day SMA or resistance at $0.45.

🔸 Long-term forecast for the Cardano price: bearish

The altcoin is approaching the top of the 50-day SMA or resistance at $0.50. On the upside, Cardano will resume its uptrend if the current bullish momentum breaks above the 50-day SMA. The altcoin will reach highs of $0.62 and $0.68.

However, if it is rejected at the 50-day SMA, Cardano would be caught between the moving average lines. The altcoin will start to fluctuate between the moving average lines. In other words, the ADA price will fluctuate between $0.45 and $0.50. The current exchange rate between ADA and USD is $0.47.

🔸 Analysis of the Cardano indicator

Cardano's price bars have risen above the 21-day SMA but remain below the 50-day SMA. If the price of Cardano rises above the 50-day SMA, the negative trend will be stopped. The 21-day SMA had capped the previous uptrend but has now been breached. The buyers still have to overcome a barrier at the 50-day SMA before they can resume the uptrend.

🔸 What is the next move for Cardano?

Cardano is bouncing as it approaches resistance at $0.50. On the 4-hour chart, the ADA price is stuck at $0.49. It is currently trading below its recent high, the cryptocurrency has tested the resistance level twice. This means that Cardano will fluctuate for a few days.

$ADA #ADA #Cardano

🐸 Pepe (PEPE) Leads the Meme Coin Market

Pepe (PEPE), an Ethereum-based cryptocurrency, has garnered significant attention with a current market cap of $4.17 billion, placing it 25th in market rankings. Trading at $0.0000099211, PEPE has surged 516% over the past year, making it the top meme coin on CoinMarketCap.

In the past week alone, PEPE has seen a notable 17% rise, reinforcing its position as a key player in the altcoin market. The last month has witnessed an impressive 100% increase in PEPE’s price, marking it as a prime altcoin investment.

This bullish breakout positions PEPE as a strong candidate for investors aiming to benefit from the altcoin season in the 2024 bull run. This growth trend has also positively influenced other meme coins such as BONK, WIF, FLOKI, DOGE, and SHIB, reflecting a broader impact on the meme coin segment.

$PEPE #PEPE

💥 Terra Luna Classic Community Passes Crucial Proposal, LUNC Price to Rally?

Terra Luna Classic community passes proposal to appoint Allnodes for providing accurate circulating supply data to Binance, LUNC price to rally?

Terra Luna Classic community has approved a proposal appointing Allnodes to provide accurate LUNC circulating supply data. The proposal aimed at changing the circulating supply API endpoint to Allnodes FCD, while developer Raider warned about the need to persuade Binance and CoinMarketCap to use a totally different API for total supply and circulating supply.

🔸 Allnodes To Handle Terra Luna Classic Circulating Supply Endpoint

Proposal 12103 “Change official CS API endpoint to Allnodes FCD” was passed by the Terra Luna Classic community, with only 57% voter turnout.

The proposal has received 53% “Yes” votes, along with 2% “No”, 12% “No with veto”, and 32% “Abstain” votes. Majority of validators including Interstellar Lounge, HappyCattyCrypto, Hexxagon, and StakeBin have voted in favor of the proposal, Allnodes and a few others voted “Abstain”.

Top validator Allnodes will provide the endpoint. Furthermore, the proposal also seeks to get a consensus about the method of calculating the circulating supply.

Allnodes will be required to update to the latest FCD version and implement the following calculation of circulating supply: Circulating Supply = Total Supply – unvested Tokens – Community Pool Holdings – Staked and bonded tokens.

This will help any third-party website to refer Allnodes FCD API as the official information source for Terra Luna Classic circulating supply of LUNC, USTC, and other native tokens. This also lowers the risk of individuals changing circulating supply or total supply, without appropriate discussion and input.

However, Raider revealed that the official LCD and FCD endpoints for supply calculation were rejected by CoinMarketCap and Binance asked to create an API consistent with the circulating supply definition of CoinMarketCap.

$LUNC #LUNC #TERRALUNC