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From December 5 onwards, the values of Terra Classic (LUNC) and TerraClassicUSD (USTC) took a notable nosedive, raising concerns in the industry about the future of these Terra Classic cryptocurrencies. LUNC and USTC Make a Comeback: Recent Performance Analysis After experiencing significant price declines since December 5, both Terra Classic (LUNC) and TerraClassicUSD (USTC) staged a notable comeback entering the new week.

Terra Classic Price Prediction: The broader market recovery hits a minor road as Bitcoin takes a temporary halt at $44500. However, the LUNC price took a major hit at this uncertainty and witnessed a sharp correction from the $0.000028.

Today's weekly recap looks at the U.S. ETF race, as BlackRock and VanEck amend their filings. Also, Montenegro's authorities are considering extraditing Terra's founder, while the crypto scene sees sustained regulatory developments.

Despite the infamous Terra-Luna crash of 2022, Terra Classic (LUNC) is experiencing a renaissance. On the topic of renaissance, the emerging Rebel Satoshi ($RBLZ) meme coin combines the rebellious spirit of Guy Fawkes with a rally for modern decentralization.

Bonk (BONK), Terra Luna Classic (LUNC), and Cardano (ADA) are the top altcoins to watch next week as they show potential for continued gains.

The Terra Luna Classic community has successfully burned an impressive 85 billion LUNC tokens since May 18, 2022, marking a significant milestone in their ongoing efforts to decrease the circulating supply of LUNC. Binance, the world's largest cryptocurrency exchange, has played a substantial role in this achievement by contributing nearly 43.6 billion LUNC, representing over 51% of the total tokens burned to date.

The Terra Luna Classic community has burned 85 billion LUNC since May 18, 2022. This is another milestone in the community's efforts to reduce the circulating supply of LUNC.

This correction aligns with Fibonacci retracement levels, hinting that the broader upward trend could remain intact. The combined support at $0.0002 and the 38.2% FIB level may fortify buyers, paving the way for a robust rebound.

Terra Classic Price Prediction: The recent stall in the Bitcoin price recovery around the $44,500 mark has introduced a phase of uncertainty and correction within the broader cryptocurrency market. Consequently, Terra Classic (LUNC) experienced a significant retracement, dropping to around $0.0002 psychological level.

The legal pursuit for Do Kwon's upcoming extradition becomes clearer as the Montenegrin Head of Justice comes to a decision.

This week saw massive price surges for both new meme coins riding viral hype and established platforms pushing crypto utility, with the top 10 weekly gainers rising anywhere from 33% to as much as 206% over the last 7 days.

In a pivotal move within the Terra Luna Classic ecosystem, the core developer L1TF has successfully executed the v2.3.2 upgrade, aiming to resolve a sequence mismatch issue that had affected some validators. The update, deployed at block 15751600 on December 8 at 12:38 UTC, marks a significant step forward for the Terra Classic chain, initiating a series of enhancements intended to stabilize operations and bolster community confidence.

Similarly, LUNC experienced a significant increase of up to 65% following the announcement of the LUNC/TRY trading pair on Binance . Shedding light on this sudden market movement, research firm Kaiko has unearthed the underlying reasons for the surge in trade volumes and prices of Terra Classic tokens.

The Balkan nation Montenegro is reportedly looking to extradite disgraced Terra (LUNA) founder Do Kwon to the United States.

The Terra blockchain chronicle undergoes a seismic shift with Terraform Labs' founder, Do Kwon, teetering on the brink of trial in the United States.

TerraUSD (USTC) and LUNC, remnants of the collapsed Terra ecosystem rebranded as Terra Classic, recently saw a surge in trade volume and price.

Terra Luna Classic core developer L1TF has successfully completed the v2.3.2 upgrade to resolve the sequence mismatch issue affecting some validators after introducing dyncomm module. Validators to slowly come online and continue to interact with the Terra Classic chain.

From Bitcoin hitting $43K to Jamie Dimon voicing his opinions about Bitcoin again, here is a 4-minute breakdown of everything important that happened in crypto this week.

From Robinhood launching crypto trading in Europe to LayerZero confirming its token airdrop, here is a 2-minute breakdown of everything important that happened in crypto today.

The Montenegrin Ministry of Justice faces the challenge of reaching a conclusive decision on Kwon Do-hyung's repatriation by the approaching deadline of December 15.

Terraform Labs founder Do Kwon will reportedly be extradited from Montenegro to the US instead of South Korea to face criminal charges related to the collapse of the TerraUSD stablecoin which wiped out $40 billion in value.

According to a Montenegrin official, the U.S. won the tug-of-war regarding Do Kwon's fate.

Montenegro Justice Minister Andrej Milović has confirmed plans to extradite the beleaguered founder of Terraform Labs to the United States instead of his native country, South Korea. Kwon will answer to charges related to the dramatic and rapid implosion of his TerraUSD (UST) stablecoin and its sister Luna (LUNA) token in May 2022.

Do Kwon has been in a Montenegro prison since March and has been part of an international tug-of-war as both the USA and South Korea seek his extradition.