• IMPORTANT INFORMATION! 🚨

- 07.04.2024 | @Crypto Stories Square

• Important developments in the cryptocurrency world in the last 12 hours and their effects on the market! 🔥

- #Terraform Labs Lawsuit: Terraform Labs and its founder Do Kwon will present closing arguments in a civil fraud lawsuit filed by the U.S. Securities and Exchange Commission (SEC)1. This situation creates uncertainty over the future of Terraform Labs and its cryptocurrency $LUNA and may cause concern among investors.

- $ENA and USDe: Ethena Labs aims to develop a “safer” USDe (synthetic dollar) using Bitcoin as a support asset as part of “cash-and-carry” trading1. This development reflects efforts to increase the reliability of stablecoins and may create a positive perception in the market.

- $XRP (Ripple) and Stable Crypto Project: Ripple announced that it will launch a new stablecoin1. This step can expand the usage areas of XRP and strengthen Ripple's position in the market.

These developments show the dynamic structure of the cryptocurrency market and the factors that may affect investors' decisions. It is recommended that you do your own research before making your investment decisions. This information should not be considered investment advice.

#Write2Earn | #Halving | #SagaLaunchpool

Follow @Crypto Stories Square .