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2 months ago | 
coingape.com | Varinder Singh
Highlights Terra Luna Classic burn campaign hits 400 billion milestone. Binance burns more than 736 million Terra Luna Classic tokens LUNC and USTC prices fell amid broader crypto market crash. AD New Token Alert : Explore Dexboss simplifying Defi for everyone The world’s largest crypto exchange Binance burns more than 700 million Terra Luna Classic tokens in the 30th batch of its LUNC Burn Mechanism.
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2 months ago | 
coingape.com | Varinder Singh
Highlights Donald Trump's executive order to impose tariffs on Canada, Mexico, and China tanked crypto market. Bitcoin price plunges below $100K as traders turned cautious after recent US PCE inflation data. Hedge funds and crypto experts predict market correction. Altcoins suffered over $700 million in crypto liquidations.
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2 months ago | 
coingape.com | Varinder Singh
Highlights The headline US PCE inflation has increased for the third month to 2.6%. The monthly core PCE comes in at 0.2%, up from 0.1% last month. Bitcoin price dropped slightly as uncertainty continues to exist. Fed Governor Michelle Bowman said she wants to see additional progress on inflation before the FED lower rates further.
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2 months ago | 
coingape.com | Varinder Singh
Highlights LayerZero CEO Bryan Pellegrino confirms the settlement agreement with FTX estate on Alameda deal. LayerZero has fought for two long years and paid millions in legal fees in the lawsuit. ZRO price has jumped 5%. AD New Token Alert : Explore Dexboss simplifying Defi for everyone January 31, 2025 — LayerZero CEO Bryan Pellegrino took to X on Friday to confirm the settlement agreement with FTX estate.
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2 months ago | 
coingape.com | Varinder Singh
Highlights The US SEC hasn't removed XRP lawsuit from website and appear under the Award Claims page. The decision to drop the appeals will get delayed as Paul Atkins is estimated to get approval from US Senate in April. Both parties need to agree and file notice to the court tp settle or withdraw the appeals in Ripple vs SEC. Debates on Ripple vs SEC lawsuit pick up as the XRP community hopes the Trump administration to resolve it by April or May.
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2 months ago | 
coingape.com | Varinder Singh
Highlights Crypto trading platform Margex has announced RLUSD stablecoin listing. RLUSD reserve report reveals $83.21 million in total market value of the reserves until December 31st. RLUSD is listed on crypto platforms such as Bitstamp, Uphold, Bullish, Independent Reserve, Moonpay, Bitso, and Coinmena. Crypto payments firm Ripple’s RLUSD stablecoin has secured a listing on another crypto trading platform on Wednesday.
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2 months ago | 
coingape.com | Varinder Singh
Highlights Crypto market crash caused $800 million in total crypto liquidation. Chinese startup DeepSeek's AI assistant became the reason behind crash due concerns over US tech leadership. US Federal Reserve expects to keep interest rate unchanged. $9.5 Billion in Bitcoin and Ethereum options expiry due this Friday.
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2 months ago | 
coingape.com | Varinder Singh
Highlights Onyxcoin (XCN) price saw 800% rally in two weeks, extending the monthly run to nearly 2000%. OnyxDAO resolved an earlier issue with with HTX Global and Justin Sun. Onyx has partnered with several platforms including blockchain infrastructure platform Chain. OnyxDAO proposes token burn, gas refunds and incentivizing Onyx Core node operators. Onyxcoin (XCN) crypto token price saw a massive 800% rally in two weeks, extending the monthly rally to nearly 2000%.
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2 months ago | 
coingape.com | Varinder Singh
Highlights US appeals court issues order regarding schedule in the Ripple lawsuit. Appellant Bradley Sostack needs to file the brief by March 6. Ripple Labs and CEO Brad Garlinghouse will submit an appeals answering brief by April 7. In Ripple vs SEC case, Ripple Labs and CEO Brad Garlinghouse to submit its brief by April 16. XRP Lawsuit: A US Court of Appeals has issued a time schedule order for appeals filed in the long-running Ripple lawsuit.
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2 months ago | 
coingape.com | Varinder Singh
Highlights Experts claims zero tax benefits may not be possible for US based crypto currently. The zero income tax on crypto presents significant practical, legal, and economic challenges, especially government revenue. Dennis Porter suggetss taking meaningful steps forward to reduce tax obligations such as de minimis exemption. The crypto community is amazed by the reports of zero capital gains tax on U.S.-based crypto projects.
