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#BTC  你选择什么？ $BTC  或 #Fiat   💵

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🇺🇸 The U.S. government has transferred approximately 30K $BTC ($2 billion) to new wallets. 👀 It is assumed that 10K #BTC☀ were sent to an institutional custodial service and are likely to be sold over-the-counter (#OTC ). Earlier, #donaldtrump stated that he would not sell confiscated bitcoins if he becomes president. 🤷 However, it might happen that he won’t have anything to deal with by the time of his election 😁 (which is not guaranteed, by the way). 📈 The market reacted very nervously to the news, with Bitcoin's price even breaking the $66K level. Currently, digital gold is trading at $66,800. #HamsterKombat #Babylon_Mainnet_Launch

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LUNC and USTC Price Action Amid Confusion The #LUNC✅ #delisting move by Toro and concerns in the community have not impacted the Terra Classic ecosystem prices. TFL will reopen Shuttle Bridge for the redemption of wrapped assets on #TerraClassic and burn 150 million LUNA, with clarification on LUNC and #USTC burn still unclear. $LUNC price jumped 2% in the last 24 hours, with the price currently trading at $0.000083. The 24-hour low and high are $0.00007761 and $0.0000884, respectively. However, trading volume has dropped further by 12% in the last 24 hours. Meanwhile, $USTC price also climbed 2%, with the price now back under $0.020. The 24-hour low and high are $0.01796 and $0.02077, respectively. The trading volume saw a 66% jump over the last day amid the opening of TFL crypto loss claims. #HamsterKombat

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LUNC Burn Boost Raising the burn tax to 1.5% will increase the rate of $LUNC and #USTC burns from the tax, the community pool funding rate, and funding to the oracle pool for long-term #TerraLunaClassic staking rewards. #LUNC✅ price fell 3% in the last 24 hours amid market-wide selloff, with the price currently trading at $0.00008094. The 24-hour low and high are $0.0000807 and $0.0000843, respectively. However, trading volume has decreased by 38% in the last 24 hours. Meanwhile, $USTC price also dropped 4%, with the price now trading at $0.01889. The 24-hour low and high are $0.01878 and $0.01985, respectively. The trading volume saw a 32% drop over the last day. #HamsterKombat #BinanceTurns7

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Terra Luna Classic To Raise LUNC Burn Tax To 1.5%? #TerraLunaClassic community members contemplate raising the burn tax from 0.5% to 1.5% amid the burn tax distribution and Tax2Burn proposal. The community remains divided on the proposal to increase the on-chain tax rate, fearing crypto #exchange Binance may suspend the LUNC burn mechanism. Terra Luna Classic Proposes To Revise On-Chain Tax to 1.5% #TerraClassic validator JesusisLord proposed increasing the on-chain tax rate from 0.5% to 1.5%. The validator also suggests keeping the burn tax unchanged until a total supply target of 10 billion LUNC is reached. This is similar to the community’s initial target set during the burn tax mechanism incorporation. The 0.5% #LUNC✅ burn tax is currently split into 80% and 20%, with the 20% breakdown as — 10% to the community pool and 10% to the oracle pool. With the v3.1.3 upgrade for tax burn distribution successfully implemented, oracle pool will get 10% of the burn tax. If the tax is increased to 1.5%, it will increase the burn tax to 1.2% from the current 0.4%. Also, it will increase the contribution to the community pool and the oracle pool, making all components boost by three times. “We can expect a substantial increase in the rate of $LUNC and $USTC burns from the tax, the community pool funding rate, and funding to the oracle pool for long-term staking rewards,” said the Terra Luna Classic validator. Notably, this proposal will not proceed for governance voting unless Tax2Gas is successfully implemented on-chain. Core developer Genuine Labs expects the Tax2Gas to go live in August. #HamsterKombat

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Terra Classic Community’s LUNC Delisting Concerns Social investment network eToro has set tokens issued by Terraform Labs as close-only status, with 78 thousand $LUNC holders reportedly unable to buy LUNC from eToro. It follows the recent Terraform Labs chapter 11 bankruptcy case developments. The platform has stopped trading all tokens issued by TFL as the beleaguered company reportedly told eToro that they also own #LUNC✅ . This has raised concerns in the community as it also risks LUNC #delisting by other crypto exchanges. The community needs clarification from Terra CEO Chris Amani and eToro on why LUNC is being delisted due to Terraform Labs Chapter 11 bankruptcy. Validators and popular community members such as VegasMorph and Mr. Diamondhandz said the #TerraClassic chain is managed by the community. It is the only decentralized chain after TFL deferred ties with the chain, as earlier confirmed by #DoKwon and TFL. Infrastructure, updates, maintenance, and others are managed by the community through governance voting. #HamsterKombat

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