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TERRA-LUNA CRISIS: FINAL STAGE OF LEGAL PROCEEDINGS
#BTC #elg
Terraform Labs (TFL) and its CEO Do Kwon are accused of fraud by the U.S. Securities and Exchange Commission (SEC) due to events resulting in the collapse of TerraUSD (UST) and Luna tokens in May 2022. According to the SEC's claim, from April 2018 to May 2022, TFL and Kwon conducted numerous unregistered transactions while raising billions of dollars from investors.
TFL has reached a settlement of $4.4 billion with the SEC, and as part of this settlement, the company’s operations have been approved to be terminated. This agreement aims to resolve claims related to approximately $40 billion in losses experienced by investors as a result of the collapse of TerraUSD and Luna tokens.
Do Kwon faces nine charges in the U.S., including fraud and money laundering, and he has declared his innocence in January 2025 at a federal court in Manhattan. The legal proceedings are ongoing, and in April 2024, a New York jury found Kwon and TFL responsible for defrauding crypto investors.
Following requests for Kwon’s extradition from the U.S. and South Korea, the Montenegrin Ministry of Justice approved his extradition to the U.S. in December 2024. This decision came after Kwon was captured with false travel documents.
Investors associate the pressure on the prices of LUNC and USTC with these legal proceedings. Current prices:
• Terra Luna Classic (LUNC): 0.00005943 USD
• TerraClassicUSD (USTC): 0.01162096 USD
As a result, legal proceedings against TFL and Do Kwon are ongoing, and the impact of these proceedings on cryptocurrency markets and investors is being closely monitored.
#escoin $BNB $LUNC $USTC
#BTC #elg
Terraform Labs (TFL) and its CEO Do Kwon are accused of fraud by the U.S. Securities and Exchange Commission (SEC) due to events resulting in the collapse of TerraUSD (UST) and Luna tokens in May 2022. According to the SEC's claim, from April 2018 to May 2022, TFL and Kwon conducted numerous unregistered transactions while raising billions of dollars from investors.
TFL has reached a settlement of $4.4 billion with the SEC, and as part of this settlement, the company’s operations have been approved to be terminated. This agreement aims to resolve claims related to approximately $40 billion in losses experienced by investors as a result of the collapse of TerraUSD and Luna tokens.
Do Kwon faces nine charges in the U.S., including fraud and money laundering, and he has declared his innocence in January 2025 at a federal court in Manhattan. The legal proceedings are ongoing, and in April 2024, a New York jury found Kwon and TFL responsible for defrauding crypto investors.
Following requests for Kwon’s extradition from the U.S. and South Korea, the Montenegrin Ministry of Justice approved his extradition to the U.S. in December 2024. This decision came after Kwon was captured with false travel documents.
Investors associate the pressure on the prices of LUNC and USTC with these legal proceedings. Current prices:
• Terra Luna Classic (LUNC): 0.00005943 USD
• TerraClassicUSD (USTC): 0.01162096 USD
As a result, legal proceedings against TFL and Do Kwon are ongoing, and the impact of these proceedings on cryptocurrency markets and investors is being closely monitored.
#escoin $BNB $LUNC $USTC
👇👇👇
SEC CHAIRMAN GARY GENSLER: “BITCOIN IS A SPECULATIVE ASSET, LIKE 10,000-YEAR-OLD GOLD”
ESCOINTOKEN
Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), compared Bitcoin’s global appeal to gold, saying it is a speculative and volatile asset. “Bitcoin is a highly speculative and volatile asset. But with 7 billion people around the world looking to trade it, we have Bitcoin, just as we have had gold for 10,000 years. It could be something else in the future,” Gensler said.
Gensler warned that most tokens other than Bitcoin could be subject to securities laws, stressing that proper disclosures are necessary to protect investors from fraud and manipulation. He also noted that the crypto space is not compliant with various laws, such as anti-money laundering, sanctions, or securities laws.
Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), compared Bitcoin’s global appeal to gold, saying it is a speculative and volatile asset. “Bitcoin is a highly speculative and volatile asset. But with 7 billion people around the world looking to trade it, we have Bitcoin, just as we have had gold for 10,000 years. It could be something else in the future,” Gensler said.
Gensler warned that most tokens other than Bitcoin could be subject to securities laws, stressing that proper disclosures are necessary to protect investors from fraud and manipulation. He also noted that the crypto space is not compliant with various laws, such as anti-money laundering, sanctions, or securities laws.
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THE NEW ERA OF INVESTMENT: GOLD OR BITCOIN?
The financial world is undergoing a transformation between digital assets and traditional investment instruments. In this context, Bitcoin and gold stand out as two important options. Both assets offer different advantages and risks for investors.
Historical Value and Acceptability:
Gold has been used as a store of value for thousands of years. It is considered a safe haven by central banks and investors. Bitcoin is a digital asset created in 2009 and has become known as “digital gold.” However, Bitcoin’s acceptability and regulatory status vary from country to country.
Historical Value and Acceptability:
Gold has been used as a store of value for thousands of years. It is considered a safe haven by central banks and investors. Bitcoin is a digital asset created in 2009 and has become known as “digital gold.” However, Bitcoin’s acceptability and regulatory status vary from country to country.
🔥🔥🔥 TERRA LUNA CLASSIC’S SUCCESSFUL TAX2GAS UPGRADE SPARKS OPTIMISM‼️
#Binance #Escoin #Elg #Bitcoin #EscoinToken
#Binance #Escoin #Elg #Bitcoin #EscoinToken
🔥🔥🔥 TERRA LUNA CLASSIC’S SUCCESSFUL TAX2GAS UPGRADE SPARKS OPTIMISM‼️
#Binance #Escoin #Elg
The Terra Luna Classic (LUNC) community is celebrating a major milestone with the completion of its v3.1.6 upgrade, a critical step toward implementing the highly anticipated Tax2Gas feature. This upgrade aims to enhance transaction efficiency and improve ecosystem security. Notably, the patch introduces an essential security update for the WebAssembly Virtual Machine (WasmVM) and expands the gas simulation feature to taxable transactions, improving how transactions are processed across the network.
The community showed overwhelming support, with 100% of validators voting in favor of the upgrade, marking a significant achievement for the LUNC ecosystem. Key developer StrathCole emphasized the importance of these improvements, which lay the foundation for the upcoming Tax2Gas feature that promises to streamline the gas tax system.
Following this development, LUNC’s price surged by over 6%, hitting $0.00008679, while its trading volume increased by 22%. USTC also saw an uptick of 7%, reflecting optimism around the network’s future.
This upgrade represents a critical step in restoring investor confidence and further strengthening the Terra Luna Classic ecosystem. However, with broader market pressures still present, continued monitoring will be essential.
#Bitcoin #EscoinToken $LUNC $LUNA $USTC
#Binance #Escoin #Elg
The Terra Luna Classic (LUNC) community is celebrating a major milestone with the completion of its v3.1.6 upgrade, a critical step toward implementing the highly anticipated Tax2Gas feature. This upgrade aims to enhance transaction efficiency and improve ecosystem security. Notably, the patch introduces an essential security update for the WebAssembly Virtual Machine (WasmVM) and expands the gas simulation feature to taxable transactions, improving how transactions are processed across the network.
The community showed overwhelming support, with 100% of validators voting in favor of the upgrade, marking a significant achievement for the LUNC ecosystem. Key developer StrathCole emphasized the importance of these improvements, which lay the foundation for the upcoming Tax2Gas feature that promises to streamline the gas tax system.
Following this development, LUNC’s price surged by over 6%, hitting $0.00008679, while its trading volume increased by 22%. USTC also saw an uptick of 7%, reflecting optimism around the network’s future.
This upgrade represents a critical step in restoring investor confidence and further strengthening the Terra Luna Classic ecosystem. However, with broader market pressures still present, continued monitoring will be essential.
#Bitcoin #EscoinToken $LUNC $LUNA $USTC
GLOBAL BANKS BEGIN DIGITAL ASSET TESTS IN SWIFT SYSTEM‼️
#Binance #Escoin #Elg
In 2025, global banks will begin testing digital currencies and tokenized assets under the leadership of SWIFT. This initiative aims to seamlessly integrate digital assets with traditional currencies. The tests will be applied in areas such as foreign exchange, securities and trade payments and will work on distributed ledger technologies (DLT).
🔥🔥🔥 SWIFT aims to bridge fragmented digital financial systems through its global network. This innovation could transform the future of cross-border payments‼️
#Bitcoin #EscoinToken $BTC $ETH
References
• Ledger Insights. “SWIFT to Begin Digital Asset and Digital Currency Tests in 2025.” Ledger Insights, 2023.
• CoinTelegraph. “Banks Join SWIFT Digital Asset Tests in 2025.” CoinTelegraph, 2023.
#Binance #Escoin #Elg
In 2025, global banks will begin testing digital currencies and tokenized assets under the leadership of SWIFT. This initiative aims to seamlessly integrate digital assets with traditional currencies. The tests will be applied in areas such as foreign exchange, securities and trade payments and will work on distributed ledger technologies (DLT).
🔥🔥🔥 SWIFT aims to bridge fragmented digital financial systems through its global network. This innovation could transform the future of cross-border payments‼️
#Bitcoin #EscoinToken $BTC $ETH
References
• Ledger Insights. “SWIFT to Begin Digital Asset and Digital Currency Tests in 2025.” Ledger Insights, 2023.
• CoinTelegraph. “Banks Join SWIFT Digital Asset Tests in 2025.” CoinTelegraph, 2023.
THE RACE BETWEEN HARRIS AND TRUMP IS HEATING UP‼️
#Binance #Escoin #Elg #Bitcoin #EscoinToken
Kamala Harris is ahead of Donald Trump in national polls in the 2024 US presidential election. Harris’ candidacy has stirred up the American political scene after Joe Biden dropped out of the race in July and supported Harris. Polls show that Harris increased her advantage from 2.5 points to 3.3 points, especially after the television debate in September.
#Binance #Escoin #Elg #Bitcoin #EscoinToken
Kamala Harris is ahead of Donald Trump in national polls in the 2024 US presidential election. Harris’ candidacy has stirred up the American political scene after Joe Biden dropped out of the race in July and supported Harris. Polls show that Harris increased her advantage from 2.5 points to 3.3 points, especially after the television debate in September.
THE RACE BETWEEN HARRIS AND TRUMP IS HEATING UP‼️
#Binance #Escoin #Elg
Kamala Harris is ahead of Donald Trump in national polls in the 2024 US presidential election. Harris’ candidacy has stirred up the American political scene after Joe Biden dropped out of the race in July and supported Harris. Polls show that Harris increased her advantage from 2.5 points to 3.3 points, especially after the television debate in September.
However, the US electoral system is not just about national votes. What will determine the results will be the performances in the states known as “swing states”, which are critical to both parties. Harris appears to be ahead of Trump, especially in important states such as Pennsylvania, Wisconsin and Michigan. These states were key to Biden’s victory in the 2020 election, and Harris’s lead in these states gives her a big advantage to win the election.
While polls show Harris leading, Trump is strengthening his base in some swing states. The outcome of the election will depend on the fights in these states, and the race is very competitive for both candidates.
#Bitcoin #EscoinToken $BTC $ETH
Sources:
1. 270toWin. 2024 Presidential Election Polls: Harris vs. Trump. Retrieved October 3, 2024. https://www.270towin.com/2024-presidential-election-polls.
2. Financial Times. US 2024 Elections Coverage. Retrieved October 3, 2024.
#Binance #Escoin #Elg
Kamala Harris is ahead of Donald Trump in national polls in the 2024 US presidential election. Harris’ candidacy has stirred up the American political scene after Joe Biden dropped out of the race in July and supported Harris. Polls show that Harris increased her advantage from 2.5 points to 3.3 points, especially after the television debate in September.
However, the US electoral system is not just about national votes. What will determine the results will be the performances in the states known as “swing states”, which are critical to both parties. Harris appears to be ahead of Trump, especially in important states such as Pennsylvania, Wisconsin and Michigan. These states were key to Biden’s victory in the 2020 election, and Harris’s lead in these states gives her a big advantage to win the election.
While polls show Harris leading, Trump is strengthening his base in some swing states. The outcome of the election will depend on the fights in these states, and the race is very competitive for both candidates.
#Bitcoin #EscoinToken $BTC $ETH
Sources:
1. 270toWin. 2024 Presidential Election Polls: Harris vs. Trump. Retrieved October 3, 2024. https://www.270towin.com/2024-presidential-election-polls.
2. Financial Times. US 2024 Elections Coverage. Retrieved October 3, 2024.
DIDDY SEES SAM BANKMAN-FRIED’S LAWYER‼️
#Binance #Elg #Escoin
Sean “Diddy” Combs, who is being held on sexual assault charges, has hired FTX founder Sam Bankman-Fried’s attorney Alexandra Shapiro for his appeal. Combs is being held at the Brooklyn Metropolitan Correctional Facility after his $50 million bail request was denied. Shapiro also represented Bankman-Fried, who filed an appeal against his 25-year sentence. Diddy is fighting to overturn the bail decision, which was denied due to public safety concerns, citing Shapiro’s experience in white-collar cases.
🔥🔥🔥It is noteworthy that Bankman-Fried and Combs are in the same prison‼️
#Bitcoin #EscoinToken $BTC $ETH
#Binance #Elg #Escoin
Sean “Diddy” Combs, who is being held on sexual assault charges, has hired FTX founder Sam Bankman-Fried’s attorney Alexandra Shapiro for his appeal. Combs is being held at the Brooklyn Metropolitan Correctional Facility after his $50 million bail request was denied. Shapiro also represented Bankman-Fried, who filed an appeal against his 25-year sentence. Diddy is fighting to overturn the bail decision, which was denied due to public safety concerns, citing Shapiro’s experience in white-collar cases.
🔥🔥🔥It is noteworthy that Bankman-Fried and Combs are in the same prison‼️
#Bitcoin #EscoinToken $BTC $ETH
IRAN DECLARES WAR ON ISRAEL: TENSIONS ARE RISING IN THE MIDDLE EAST‼️
#Binance #Escoin #Elg #Bitcoin #EscoinToken $BTC $ETH
#Binance #Escoin #Elg #Bitcoin #EscoinToken $BTC $ETH
IRAN DECLARES WAR ON ISRAEL: TENSIONS ARE RISING IN THE MIDDLE EAST‼️
#Binance #Escoin #Elg
Iran has officially declared war on Israel, and this step has caused months of tension to reach a dangerous level. Iran launched missile attacks in retaliation for Israel’s killing of Hezbollah leader Hassan Nasrallah. Israel responded with air defense systems, calling for international support and emphasizing its right to self-defense. The US continued to support Israel and blocked some of the Iranian missiles. As Hezbollah and Hamas join the conflict, fears of a regional war are growing.
#Bitcoin #EscoinToken $BTC $ETH
Sources:
• OPB News, October 2024
• Northeastern Global News, October 2024
#Binance #Escoin #Elg
Iran has officially declared war on Israel, and this step has caused months of tension to reach a dangerous level. Iran launched missile attacks in retaliation for Israel’s killing of Hezbollah leader Hassan Nasrallah. Israel responded with air defense systems, calling for international support and emphasizing its right to self-defense. The US continued to support Israel and blocked some of the Iranian missiles. As Hezbollah and Hamas join the conflict, fears of a regional war are growing.
#Bitcoin #EscoinToken $BTC $ETH
Sources:
• OPB News, October 2024
• Northeastern Global News, October 2024
🔥🔥🔥 $16 BILLION PAYMENT TO FTX CUSTOMERS STARTS TOMORROW‼️
#Binance #Escoin #Elg #Bitcoin #EscoinToken
#Binance #Escoin #Elg #Bitcoin #EscoinToken
🔥🔥🔥 $16 BILLION PAYMENT TO FTX CUSTOMERS STARTS TOMORROW‼️
#Binance #Escoin #Elg
The total of $16 billion in payments to customers and investors in FTX's bankruptcy process will begin on September 30. This payment will provide great liquidity to the crypto market as a long-awaited step. However, not all creditors will receive their original cryptocurrencies, but compensation in dollars based on the values in the bankruptcy filing. This situation is causing controversy as it does not fully cover the losses of some creditors. How the market will be affected by this huge return is being closely monitored, especially the prices of SOL and other major assets are expected to fluctuate.
🔥🔥🔥As a result, this payment process could lead to a major transformation in the crypto market‼️
#Bircoin #EscoinToken $BTC $ETH
References:
1. Cryptodnes.bg. FTX clients to receive $16 billion in total: What will be the consequences? (September 29, 2024). Access: https://cryptodnes.bg.
2. Coindarwin.com. FTX's $16 billion payment is approaching: How will the market be affected? (September 2024). Access: https://coindarwin.com.
3. CoinMarketCap. FTX prepares for $16 billion payment: Will SOL fall? (September 12, 2024). Access: https://coinmarketcap.com.
#Binance #Escoin #Elg
The total of $16 billion in payments to customers and investors in FTX's bankruptcy process will begin on September 30. This payment will provide great liquidity to the crypto market as a long-awaited step. However, not all creditors will receive their original cryptocurrencies, but compensation in dollars based on the values in the bankruptcy filing. This situation is causing controversy as it does not fully cover the losses of some creditors. How the market will be affected by this huge return is being closely monitored, especially the prices of SOL and other major assets are expected to fluctuate.
🔥🔥🔥As a result, this payment process could lead to a major transformation in the crypto market‼️
#Bircoin #EscoinToken $BTC $ETH
References:
1. Cryptodnes.bg. FTX clients to receive $16 billion in total: What will be the consequences? (September 29, 2024). Access: https://cryptodnes.bg.
2. Coindarwin.com. FTX's $16 billion payment is approaching: How will the market be affected? (September 2024). Access: https://coindarwin.com.
3. CoinMarketCap. FTX prepares for $16 billion payment: Will SOL fall? (September 12, 2024). Access: https://coinmarketcap.com.
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SEC CHAIRMAN GENSLER: “BITCOIN IS NOT A SECURITY”‼️
#Binance #escoin
SEC Chairman Gary Gensler emphasized once again that Bitcoin is not a security. The fact that Bitcoin ETFs approved by the SEC are traded on the New York Stock Exchange supports this situation. However, Gensler stated that large segments of the crypto industry are full of scammers. He also stated that regulations in the sector are kept tight in order to ensure investor confidence. Gensler drew attention to the risks in the sector by saying, “Crypto is a paradise for fraudsters and fraudsters.” Gensler avoided making predictions about the social role of Bitcoin in the future and stated that the lack of trust in the sector will make it difficult to gain acceptance. #Bitcoin #elg #EscoinToken $BTC $ETH References: • SEC chair Gensler reaffirms Bitcoin is not a security - Cryptobriefing .
• SEC Chair Gensler Says Crypto Is Rife With ‘Hucksters, Fraudsters, Scam Artists’ - Decrypt .
#Binance #escoin
SEC Chairman Gary Gensler emphasized once again that Bitcoin is not a security. The fact that Bitcoin ETFs approved by the SEC are traded on the New York Stock Exchange supports this situation. However, Gensler stated that large segments of the crypto industry are full of scammers. He also stated that regulations in the sector are kept tight in order to ensure investor confidence. Gensler drew attention to the risks in the sector by saying, “Crypto is a paradise for fraudsters and fraudsters.” Gensler avoided making predictions about the social role of Bitcoin in the future and stated that the lack of trust in the sector will make it difficult to gain acceptance. #Bitcoin #elg #EscoinToken $BTC $ETH References: • SEC chair Gensler reaffirms Bitcoin is not a security - Cryptobriefing .
• SEC Chair Gensler Says Crypto Is Rife With ‘Hucksters, Fraudsters, Scam Artists’ - Decrypt .
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CORPORATE WHALE MAKES $39 MILLION PROFIT FROM $4,000 BTC INVESTMENT‼️
#Bitcoin#escoin#Binance#elg #EscoinToken
#Bitcoin#escoin#Binance#elg #EscoinToken
INSTITUTIONAL WHALE MAKES $39 MILLION PROFIT FROM $4,000 BTC INVESTMENT‼️
#Bitcoin
According to Onchain data, a large institutional crypto whale has made a new Bitcoin transaction. An address associated with Cumberland DRW transferred 650.93 BTC worth approximately $41.96 million to Coinbase. This transaction was made at a time when Bitcoin’s market price was at its peak.
The amount of BTC in question had been dormant for three years prior to the transfer. On-chain analysis shows that these funds were first obtained from multiple DRW addresses six years ago at an average price of approximately $4,000 per Bitcoin. Compared to Bitcoin’s current price of $64,463, this transaction could generate a profit of approximately $39.35 million, or approximately 15 times the investment.
Cumberland is a subsidiary of high-frequency trading firm DRW and was noted earlier this year as one of the trading firms selected for Fidelity Investments’ spot Bitcoin ETF launch.
🔥🔥🔥 This big trade shows how institutional investors are evaluating their long-term strategies and market movements in Bitcoin‼️
#Binance #elg #btc #escoin $BTC
#Bitcoin
According to Onchain data, a large institutional crypto whale has made a new Bitcoin transaction. An address associated with Cumberland DRW transferred 650.93 BTC worth approximately $41.96 million to Coinbase. This transaction was made at a time when Bitcoin’s market price was at its peak.
The amount of BTC in question had been dormant for three years prior to the transfer. On-chain analysis shows that these funds were first obtained from multiple DRW addresses six years ago at an average price of approximately $4,000 per Bitcoin. Compared to Bitcoin’s current price of $64,463, this transaction could generate a profit of approximately $39.35 million, or approximately 15 times the investment.
Cumberland is a subsidiary of high-frequency trading firm DRW and was noted earlier this year as one of the trading firms selected for Fidelity Investments’ spot Bitcoin ETF launch.
🔥🔥🔥 This big trade shows how institutional investors are evaluating their long-term strategies and market movements in Bitcoin‼️
#Binance #elg #btc #escoin $BTC
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TRON (TRX) IS RISING IN THE CRYPTO WORLD: IT LEFT TON BEHIND AND ENTERED THE TOP 10‼️
#Bitcoin #escoin #Binance #elg #EscoinToken
#Bitcoin #escoin #Binance #elg #EscoinToken
TRON (TRX) IS RISING IN THE CRYPTO WORLD: LEFT TON BEHIND AND ENTERED THE TOP 10‼️
#Binance
According to the latest data, the crypto asset TRON (TRX) made a big leap in terms of market value, leaving The Open Network (TON) behind and managed to enter the top 10 most valuable assets in the cryptocurrency market. While TRX's market value is currently around $ 13.9 billion, TON's market value is at $ 13.76 billion.
This rise is a reflection of the impact TRON has shown, especially in the DeFi and memecoin areas recently. TRON's innovations in the decentralized finance ecosystem and its growing user base contributed to this significant increase in market value. In addition, the increasing transaction volume and the launch of new projects on the TRON network supported TRX's appreciation.
🔥🔥🔥 TRON has achieved significant success by rapidly rising in terms of market value, leaving TON behind and entering the top 10 in the crypto world. This rise signals that TRON can be a strong player in the future‼️
#Bitcoin #elg #Binance #escoin $TRX
#Binance
According to the latest data, the crypto asset TRON (TRX) made a big leap in terms of market value, leaving The Open Network (TON) behind and managed to enter the top 10 most valuable assets in the cryptocurrency market. While TRX's market value is currently around $ 13.9 billion, TON's market value is at $ 13.76 billion.
This rise is a reflection of the impact TRON has shown, especially in the DeFi and memecoin areas recently. TRON's innovations in the decentralized finance ecosystem and its growing user base contributed to this significant increase in market value. In addition, the increasing transaction volume and the launch of new projects on the TRON network supported TRX's appreciation.
🔥🔥🔥 TRON has achieved significant success by rapidly rising in terms of market value, leaving TON behind and entering the top 10 in the crypto world. This rise signals that TRON can be a strong player in the future‼️
#Bitcoin #elg #Binance #escoin $TRX
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KEY TO POTENTIAL ELECTIONS: WILL CRYPTO ENTHUSIASTS RUSH TO THE BALLOT BOX❓
#Binance #elg #Bitcoin #escoin #binancesquareawards
#Binance #elg #Bitcoin #escoin #binancesquareawards
KEY TO POTENTIAL ELECTIONS: WILL CRYPTO ENTHUSIASTS RUSH TO THE BALLOT BOX❓
#Bitcoin
Cryptocurrency investors in the US could play a critical role in the presidential elections. This new political force could be influential enough to determine the election results. However, it should not be forgotten that values should also be taken into account when making political choices.
Cryptocurrency policies will play an important role in the upcoming presidential election. Cryptocurrency investors have been disappointed with the strict regulations introduced by the Biden administration recently and have therefore started to support Trump's campaign. Kamala Harris's presidential candidacy is seen as a new opportunity for the cryptocurrency community, and both major parties are working to win these votes.
Cryptocurrency holders have generally not participated much in the political process. However, in this election, the approaches of candidates like Trump and Harris to crypto policies could mobilize this audience. Some crypto leaders, like Vitalik Buterin, are warning that making political choices based solely on their “pro-crypto” stances can be dangerous.
🔥🔥🔥 Cryptocurrency politics are expected to be a deciding factor for millions of voters heading to the polls this election. This could have profound effects on the crypto ecosystem, not just in America, but around the world‼️
#Binance #elg #escoin #btc $BTC
#Bitcoin
Cryptocurrency investors in the US could play a critical role in the presidential elections. This new political force could be influential enough to determine the election results. However, it should not be forgotten that values should also be taken into account when making political choices.
Cryptocurrency policies will play an important role in the upcoming presidential election. Cryptocurrency investors have been disappointed with the strict regulations introduced by the Biden administration recently and have therefore started to support Trump's campaign. Kamala Harris's presidential candidacy is seen as a new opportunity for the cryptocurrency community, and both major parties are working to win these votes.
Cryptocurrency holders have generally not participated much in the political process. However, in this election, the approaches of candidates like Trump and Harris to crypto policies could mobilize this audience. Some crypto leaders, like Vitalik Buterin, are warning that making political choices based solely on their “pro-crypto” stances can be dangerous.
🔥🔥🔥 Cryptocurrency politics are expected to be a deciding factor for millions of voters heading to the polls this election. This could have profound effects on the crypto ecosystem, not just in America, but around the world‼️
#Binance #elg #escoin #btc $BTC
See original
CRYPTOCURRENCY: COMMON CONCERN OF PARTIES IN THE US, BITCOIN’S IMPACT IS INCREASING
#Bitcoin
A survey conducted by Grayscale and Harris Poll reveals that voters participating in the 2024 US presidential election are increasingly interested in cryptocurrencies. The second phase of the survey is consistent with the first phase launched in November 2023, emphasizing that the priorities and attitudes of American voters have not changed much.
According to the survey, cryptocurrencies, especially Bitcoin, have become a topic of concern for both political parties in the US. 47% of voters say they are considering adding cryptocurrencies to their investment portfolios, up from 40% at the end of last year.
However, inflation is still seen as the most important issue for 28% of voters, further highlighting the potential value of assets with limited supply, such as Bitcoin.
The study also reveals that Bitcoin is being considered an investment vehicle by a wider audience due to its growing maturity and macroeconomic dynamics. Bitcoin’s limited and transparent supply increases expectations that it can maintain its value against inflation.
As voters await greater regulatory clarity on cryptocurrencies, it is a matter of curiosity how cryptocurrency policies will shape the run-up to the 2024 elections.
🔥🔥🔥 As cryptocurrencies become a major factor in the US elections, they are seeing increasing interest among investors and voters. The future of cryptocurrencies looks set to be shaped by political decisions‼️
#Binance #elg #escoin #EscoinToken $BTC $ETH
#Bitcoin
A survey conducted by Grayscale and Harris Poll reveals that voters participating in the 2024 US presidential election are increasingly interested in cryptocurrencies. The second phase of the survey is consistent with the first phase launched in November 2023, emphasizing that the priorities and attitudes of American voters have not changed much.
According to the survey, cryptocurrencies, especially Bitcoin, have become a topic of concern for both political parties in the US. 47% of voters say they are considering adding cryptocurrencies to their investment portfolios, up from 40% at the end of last year.
However, inflation is still seen as the most important issue for 28% of voters, further highlighting the potential value of assets with limited supply, such as Bitcoin.
The study also reveals that Bitcoin is being considered an investment vehicle by a wider audience due to its growing maturity and macroeconomic dynamics. Bitcoin’s limited and transparent supply increases expectations that it can maintain its value against inflation.
As voters await greater regulatory clarity on cryptocurrencies, it is a matter of curiosity how cryptocurrency policies will shape the run-up to the 2024 elections.
🔥🔥🔥 As cryptocurrencies become a major factor in the US elections, they are seeing increasing interest among investors and voters. The future of cryptocurrencies looks set to be shaped by political decisions‼️
#Binance #elg #escoin #EscoinToken $BTC $ETH
See original
Do Kwon’s Extradition Process and Bitcoin Transfers: Is Terra’s Future in Danger⁉️
The extradition of Terra ecosystem founder Do Kwon, who was arrested in Montenegro while trying to flee to the United Arab Emirates with fake documents in March 2023, to South Korea is facing legal and diplomatic hurdles. Following extradition requests from South Korea and the US, the Montenegrin Supreme Court ruled that Kwon be extradited to South Korea. However, this decision was suspended due to Kwon’s camp’s request for “protection of the law.”
On the other hand, it was found that Kwon had transferred approximately 100,000 Bitcoins to different wallets prior to Terra’s collapse. This situation increases South Korea’s pressure for Kwon’s extradition. If Kwon is extradited, the South Korean government will step in to rebuild the Terra ecosystem.
🔥 Do Kwon's return process and the Bitcoin transfers he made could be a critical turning point for both Terra's future and the crypto world‼️
#Bitcoin #Binance #escoin #elg #EscoinToken $LUNC $LUNA
The extradition of Terra ecosystem founder Do Kwon, who was arrested in Montenegro while trying to flee to the United Arab Emirates with fake documents in March 2023, to South Korea is facing legal and diplomatic hurdles. Following extradition requests from South Korea and the US, the Montenegrin Supreme Court ruled that Kwon be extradited to South Korea. However, this decision was suspended due to Kwon’s camp’s request for “protection of the law.”
On the other hand, it was found that Kwon had transferred approximately 100,000 Bitcoins to different wallets prior to Terra’s collapse. This situation increases South Korea’s pressure for Kwon’s extradition. If Kwon is extradited, the South Korean government will step in to rebuild the Terra ecosystem.
🔥 Do Kwon's return process and the Bitcoin transfers he made could be a critical turning point for both Terra's future and the crypto world‼️
#Bitcoin #Binance #escoin #elg #EscoinToken $LUNC $LUNA
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🔥 Reasons for Ripple (XRP) Price Increase‼️
#Bitcoin
👍 Ripple (XRP) increased by 40% in value to $ 0.60 in the last week. One of the main reasons for this increase is the expectation that Ripple may reach an agreement in its ongoing legal battle with the US Securities and Exchange Commission (SEC).
👍 The SEC filed a lawsuit against Ripple Labs in 2020, claiming that XRP was sold as an unregistered security. However, in July, a US District Judge ruled that the sale of XRP to retail investors on exchanges did not constitute an investment contract. This development increased investors' confidence in XRP.
👍 The "closed meeting" list specified on the SEC's website gave rise to the expectation that important decisions regarding XRP could be made. There is intense speculation about this on social media.
👍Also, Ripple Labs is seeking to gain a stronger position in the regulatory environment by donating $1 million to a political action committee aimed at removing Senator Elizabeth Warren from office.
🔥🔥🔥The statements to be made soon may have a great impact on the cryptocurrency market. XRP investors and traders should follow these developments closely‼️
#Binance #elg #escoin #EscoinToken $BTC $ETH $XRP
#Bitcoin
👍 Ripple (XRP) increased by 40% in value to $ 0.60 in the last week. One of the main reasons for this increase is the expectation that Ripple may reach an agreement in its ongoing legal battle with the US Securities and Exchange Commission (SEC).
👍 The SEC filed a lawsuit against Ripple Labs in 2020, claiming that XRP was sold as an unregistered security. However, in July, a US District Judge ruled that the sale of XRP to retail investors on exchanges did not constitute an investment contract. This development increased investors' confidence in XRP.
👍 The "closed meeting" list specified on the SEC's website gave rise to the expectation that important decisions regarding XRP could be made. There is intense speculation about this on social media.
👍Also, Ripple Labs is seeking to gain a stronger position in the regulatory environment by donating $1 million to a political action committee aimed at removing Senator Elizabeth Warren from office.
🔥🔥🔥The statements to be made soon may have a great impact on the cryptocurrency market. XRP investors and traders should follow these developments closely‼️
#Binance #elg #escoin #EscoinToken $BTC $ETH $XRP
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🔥BlackRock CEO Larry Fink: My Perspective on Bitcoin Has Changed‼️
#Bitcoin
👍 BlackRock CEO Larry Fink announced in a program he attended that his perspective on bitcoin has seriously changed. Fink stated that he sees bitcoin as digital gold and that this asset is an important investment tool that should be explored. He also emphasized that bitcoin is a legal asset and BlackRock owns 316,726 BTC.
👍 Fink's statements show that the interest of institutional investors and large financial institutions in bitcoin has increased. This could have a major impact on the cryptocurrency market and further reinforce bitcoin's legitimacy.
🔥🔥🔥 EndInstitutional support continues to strengthen bitcoin's future potential‼️
#Binance #elg #escoin $BTC
#Bitcoin
👍 BlackRock CEO Larry Fink announced in a program he attended that his perspective on bitcoin has seriously changed. Fink stated that he sees bitcoin as digital gold and that this asset is an important investment tool that should be explored. He also emphasized that bitcoin is a legal asset and BlackRock owns 316,726 BTC.
👍 Fink's statements show that the interest of institutional investors and large financial institutions in bitcoin has increased. This could have a major impact on the cryptocurrency market and further reinforce bitcoin's legitimacy.
🔥🔥🔥 EndInstitutional support continues to strengthen bitcoin's future potential‼️
#Binance #elg #escoin $BTC
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🔥Ripple CEO: "XRP Was Never a Security"‼️
#Bitcoin
Ripple CEO Brad Garlinghouse stated that July 13, 2023 is a turning point for Ripple and the cryptocurrency industry.
In his statement after the SEC lost the case classifying XRP as a security, Garlinghouse criticized the SEC's unfair and illegal wars against the sector.
U.S. District Court for the Southern District Judge Analisa Torres stated that XRP is not a security on digital asset exchanges, but sales to institutional investors can be considered securities. This decision largely found Ripple right in the SEC's lawsuit against Ripple and was seen as a positive development for the future of XRP.
Garlinghouse stated that the SEC is trying to stifle the industry by creating confusion in the market. This decision is considered a significant step in cryptocurrency regulations in the US and has enabled XRP to be relisted on many exchanges.
🔥🔥🔥 Ripple's victory is a big step towards eliminating regulatory uncertainties in the cryptocurrency industry. However, the fight is not over yet and Ripple will continue its work for the future of cryptocurrencies‼️
#Binance #elg #escoin $BTC $ETH $XRP
#Bitcoin
Ripple CEO Brad Garlinghouse stated that July 13, 2023 is a turning point for Ripple and the cryptocurrency industry.
In his statement after the SEC lost the case classifying XRP as a security, Garlinghouse criticized the SEC's unfair and illegal wars against the sector.
U.S. District Court for the Southern District Judge Analisa Torres stated that XRP is not a security on digital asset exchanges, but sales to institutional investors can be considered securities. This decision largely found Ripple right in the SEC's lawsuit against Ripple and was seen as a positive development for the future of XRP.
Garlinghouse stated that the SEC is trying to stifle the industry by creating confusion in the market. This decision is considered a significant step in cryptocurrency regulations in the US and has enabled XRP to be relisted on many exchanges.
🔥🔥🔥 Ripple's victory is a big step towards eliminating regulatory uncertainties in the cryptocurrency industry. However, the fight is not over yet and Ripple will continue its work for the future of cryptocurrencies‼️
#Binance #elg #escoin $BTC $ETH $XRP
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ETH-ETF TRADING STARTS: AN INVESTMENT OPPORTUNITY?
#Bitcoin
The start of ETH-ETF trading has been delayed for a long time, but its launch is planned for next month. ETH looks strong and there is a good opportunity to buy the price in the $3350-$3500 range. However, there may also be corrections and lower levels. I'm thinking of adding some ETH to my portfolio at this price. We may see the $4000 level immediately after the ETF is adopted, so there is a high probability of winning.
The market is very unpredictable at the moment, but you will not be able to earn large capital if you do not learn to control your emotions. If you can get through the downs, you will see the ups. Be patient and you will succeed.
#Binance #elg #escoin #EscoinToken $ETH
#Bitcoin
The start of ETH-ETF trading has been delayed for a long time, but its launch is planned for next month. ETH looks strong and there is a good opportunity to buy the price in the $3350-$3500 range. However, there may also be corrections and lower levels. I'm thinking of adding some ETH to my portfolio at this price. We may see the $4000 level immediately after the ETF is adopted, so there is a high probability of winning.
The market is very unpredictable at the moment, but you will not be able to earn large capital if you do not learn to control your emotions. If you can get through the downs, you will see the ups. Be patient and you will succeed.
#Binance #elg #escoin #EscoinToken $ETH
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