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The Terra Classic price has been soaring since the last few days of November following an investment in its algorithmic stablecoin, USTC. The move was an attempt to rejuvenate the fallen and debugged stablecoin, which also witnessed a significant rise in its value.
A Terra Luna Classic proposal is approved by the community to cut down a significant number of validators on the Terra Classic chain. The proposal received backlash from some validators and members of the Terra Luna Classic community due to security, centralization, and growth risk, but it has surpassed the pass threshold as some validators
The gains keep coming as multiple crypto projects test new price records, fueled by gains in Bitcoin seen earlier in the month. With Bitcoin dominance still prevalent throughout the market, a sudden rise in BTC price followed by sideways trading can often lead to new investments made in other coins.
Bitcoin exploded past $42,000 in a historic rally, smashing through the key resistance level and igniting investor love. With a 150% surge!
Amidst the legal tussle involving Terraform Labs and its founder, Do Kwon, a recent development has brought attention to a potential issue concerning the U.S. Securities and Exchange Commission (SEC).
The U.S. Securities and Exchange Commission (SEC) is facing challenges in the Terraform Labs case, currently in legal proceedings in the Southern District of New York. The trial, set for January 2024 and overseen by Judge Rakoff, has recently brought attention to the SEC's actions.
A big reason for this boost might be an announcement from Microstrategy. They shared that they bought more than 16,000 BTC (Bitcoin).
The U.S. Securities and Exchange Commission (SEC) finds itself in troubled waters during the legal proceedings against Terraform Labs. The trial, taking place at the Southern District of New York and presided over by Judge Rakoff, is slated for January 2024. However, recent developments have shifted the spotlight onto the SEC's conduct.
The Terra Classic (LUNC) price has been on a tear recently and over the last month, it has managed to outperform almost every cryptocurrency in the market. Its price has risen over 300% in a 30-day period, and this has brought its market cap back over $1.5 billion once more.
Terraform Labs, facing a securities lawsuit from the U.S. Securities and Exchange Commission (SEC), made a request on Dec. 4, 2023, for a summary judgment to conclude the case.
In a notable development in the ongoing legal saga involving Terraform Labs and its founder, Do Kwon, the company's legal team has highlighted a potential sanction threat against the U.S. Securities and Exchange Commission (SEC) by a federal judge in Utah. This situation emerged in the high-profile case overseen by Judge Jed S.
The legal team of Terraform Labs and its founder, Do Kwon, has drawn attention to a potential sanction threat against the SEC by a Utah federal judge.
Transformed by the community's crucial proposal shift, Terra Luna Classic reignites to secure a spot in the TOP 50.
In the midst of an electrifying momentum in the crypto market, Terra Classic (LUNC) has seized the spotlight with an astonishing 61% surge, igniting discussions about its potential to breach the significant resistance point at $0.0003. This impressive rally has captured the attention of investors and enthusiasts alike, prompting curiosity about the underlying drivers propelling Terra Classic to new heights.
In a recent move destined to set the crypto world abuzz, Binance, the renowned global cryptocurrency exchange, has unveiled the addition of several new trading pairs, igniting a significant surge in the value of Terra Classic (LUNC). As crypto enthusiasts eagerly anticipate these market-altering changes, let's delve deeper into the intricacies of Binance's strategic maneuvers and their profound effects on the Terra Luna Classic community.
The crypto analyst believes Terra Classic could see significant gains still, driven by strategic moves like Terraform Labs' $10 million liquidity injection.
Over the last week, both bitcoin and ethereum experienced significant upticks, with increases of 13% and 10% respectively. Meanwhile, an array of other cryptocurrencies achieved even more impressive growth during the same period. Notably, terra luna classic (LUNC) surged by 122.5% against the dollar, while the BRC20 token ORDI ascended by 118.3%.
In a savvy move to make the most of the thriving crypto market, Binance, the top cryptocurrency exchange globally, has made an exciting announcement. They're introducing new trading pairs, and one of them includes Terra Luna Classic (LUNC).
Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $41,000 level on Monday. Ethereum (CRYPTO: ETH) also recorded gains, topping the key $2,200 mark this morning.
LUNC, the original Terra Chain ecosystem token rebranded as Terra Classic has had an almost 65% price increase in the last 24 hours.
Terra Classic, known as $LUNC, has been experiencing a positive trend in the last few weeks. This cryptocurrency, originating from the original Terra LUNA coin after a series of changes in the Terra chain, has shown consistent upward movements for at least the past three months.
Terra Classic ($LUNC) has been on the rise for the past few weeks. The cryptocurrency, which is the original Terra LUNA coin remaining after the UST/Luna collapse followed by the setting up of a new Terra chain, has shown bullish trends for the past three months at least.
Terra Classic's bulls were controlling the market at press time. Whales' USTC holdings increased, but its Social Volume dropped.
With the Christmas festive season approaching, there is typically an upswing in investor interest in the cryptocurrency market as many seek promising opportunities to attain substantial returns.
