$LUNC Reminder: The deadline to file Crypto Loss Claimswith | muhammad babar 575 on Binance Square

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$LUNC Reminder: The deadline to file Crypto Loss Claimswith the Terraform Labs Pte. Ltd. Wind Down Trust...
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2025-04-26
GO implementation of the Terra Classic Protocol

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#BitcoinReserveDeadline The #BitcoinReserveDeadline refers to the U.S. Treasury's deadline to submit a report on establishing a Strategic Bitcoin Reserve, as mandated by President Trump's executive order on March 6, 2025. This reserve aims to consolidate Bitcoin assets seized through legal proceedings into a centralized federal reserve. *Key Points:* - *Deadline*: May 5, 2025, for the Treasury to submit its assessment - *Reserve Assets*: Approximately 198,012 BTC, valued at over $18 billion, primarily acquired through asset forfeitures - *Purpose*: To treat Bitcoin as a permanent national asset, akin to a "digital Fort Knox" - *Expected Report*: Details on strategies for acquisition and management, legal and investment considerations, oversight, and potential need for new legislation The potential implications of this reserve are¹: - *Long-term Institutional Adoption*: Driving growth in the industry and increasing Bitcoin prices - *Market Volatility*: Concerns about potential impact on market stability and regulatory oversight Some experts link this development to emerging pro-crypto political narratives, such as Senator Cynthia Lummis's BITCOIN Act, which proposes holding Bitcoin as a strategic reserve asset to address the nation's debt. The outcome of the report could significantly influence the future of Bitcoin and its role in U.S. fiscal policy.

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$XRP You think XRP is the king of crypto? XRP has its strengths, such as: - *Fast transactions*: XRP's ledger can process transactions in a matter of seconds. - *Low fees*: Transaction fees on the XRP Ledger are relatively low compared to other cryptocurrencies. - *Partnerships*: XRP has established partnerships with various financial institutions and companies. However, the crypto market is highly competitive, and other cryptocurrencies also have their own advantages. Some argue that XRP's centralization and regulatory uncertainties might impact its adoption. What makes you think XRP is the king? Is there something specific you'd like to know about XRP or the crypto market? $XRP

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