🚀 **Crypto Market Update - June 13, 2024** 🚀
1️⃣ **Terraform Labs Closure**: Shutting down after a $4.47B settlement with the SEC. Terra blockchain transitions to community management.
2️⃣ **Bitcoin Supply Shock**: Major BTC outflows from exchanges suggest a potential price rally due to rising ETF inflows.
3️⃣ **XRP vs. SEC**: Ripple's legal battle nears a resolution, potentially impacting the entire crypto industry.
4️⃣ **Ethereum Spot ETF**: Approval delays, now expected in summer 2024.
5️⃣ **MicroStrategy's Big Move**: Plans to sell $500M in stock to buy more Bitcoin.
Stay informed and trade wisely! 🌐💡 #CryptoNews #Bitcoin❗ #EthereumPower #CryptoMarket