The post Do Kwon Trial Looms As LUNC Tests Rising Trendline After 5.33B Binance Burn appeared on BitcoinEthereumNews.com. Terra Classic consolidates at $0.00004348The post Do Kwon Trial Looms As LUNC Tests Rising Trendline After 5.33B Binance Burn appeared on BitcoinEthereumNews.com. Terra Classic consolidates at $0.00004348

Do Kwon Trial Looms As LUNC Tests Rising Trendline After 5.33B Binance Burn

  • Terra Classic consolidates at $0.00004348 as January 26 Do Kwon trial approaches, with potential 130-year sentence creating uncertainty.
  • Binance burned 5.33 billion LUNC on January 1, triggering 20% spike to $0.000045, but gains have eroded as volume collapsed 86%.
  • Price holds rising trendline support near $0.000042, but faces Supertrend resistance at $0.00004837 with massive 5.47 trillion supply limiting upside.

Terra Classic price today trades near $0.00004348 as the cryptocurrency tests a rising trendline that has supported price since late 2025 lows. The consolidation occurs ahead of founder Do Kwon’s January 26 criminal trial, which could result in a 130-year prison sentence and create months of volatility for the token still recovering from its catastrophic 2022 collapse.

Binance Burn Surge Fades As Volume Collapses

Binance executed its largest monthly LUNC burn on January 1, destroying 5.33 billion tokens in a single transaction. The event triggered a 20% surge to $0.000045 within 24 hours as trading volume exploded 620% to $110 million.

However, the rally proved unsustainable. Price has declined 3.5% from the spike high, while volume collapsed 86% to just $14.89 million. The erosion shows the burn momentum failed to attract sustained buying pressure despite being the largest single Binance burn in LUNC history.

Binance has now burned over 68.39 billion LUNC since the program began, but the impact remains diluted by the massive 5.47 trillion token supply. At current burn rates of 5.33 billion per month, it would take over 85 years to burn the entire circulating supply, creating a mathematical ceiling on price appreciation without reverse splits or dramatically accelerated burns.

Do Kwon Trial Creates Binary Risk Event

U.S. District Judge Paul Engelmayer set Do Kwon’s criminal fraud trial to begin January 26 in the Southern District of New York. The trial involves nine felony counts including securities fraud, wire fraud, and money laundering conspiracy stemming from Terra’s $40 billion collapse in May 2022.

Prosecutors stated potential victims could exceed one million people. The case involves 6 terabytes of evidence requiring translation and decryption, with the trial expected to last 4 to 8 weeks.

The trial creates a binary risk event. A conviction reinforces LUNC as tainted by fraud and deters institutional interest. Legal closure could remove long-term overhang if markets view the case as separated from the community-driven recovery effort. However, months of negative headlines appear likely regardless of outcome.

Rising Trendline Tests Support As EMAs Compress

LUNC Price Dynamics (Source: TradingView)

The daily chart shows LUNC holding a rising trendline that has guided price higher since testing lows near $0.000025 in late 2025. The trendline sits just below current price near $0.000042, marking critical support that must hold to keep the structure intact.

The Parabolic SAR reads $0.00004014, providing a floor below the trendline. However, the Supertrend indicator at $0.00004837 sits well above price, indicating bearish momentum on higher timeframes. Price needs to reclaim this level to shift structure from bearish to neutral.

Key resistance sits at $0.000055 to $0.000060, a zone that has capped rallies multiple times since the January 1 spike. Breaking this barrier would open a path toward $0.000065, though the supply overhang limits realistic upside targets.

Short Term Consolidation Shows EMA Convergence

LUNC 2H Chart (Source: TradingView)

The 2-hour chart shows LUNC consolidating in a tight range as major EMAs converge between $0.00004258 and $0.00004371. Price is trading near the middle of this cluster, showing neither bulls nor bears have control.

The Bollinger Bands show compression, typically preceding directional moves. The middle band sits at $0.00004477, acting as immediate resistance. Price needs to break above this level with volume to confirm buyers are stepping in rather than just providing relief bounces.

The EMA convergence creates a coiled spring effect. A break above $0.00004477 would flip short-term momentum bullish and target $0.000048, while losing $0.000042 exposes the trendline and Parabolic SAR support.

Market Module And USTC Re-Peg Add Fundamental Risk

The Terra Classic community is finalizing governance proposals to reactivate the Market Module, which enables LUNC/USTC arbitrage mechanisms. Separately, plans to re-peg USTC stablecoin from its current $0.02 level back to $1.00 are under discussion.

The USTC re-peg represents extreme risk given the algorithmic stablecoin caused the original $40 billion collapse. Reactivating the same mint-burn mechanism that failed catastrophically could trigger another death spiral if adoption proves insufficient to maintain the peg.

Outlook: Will Terra Classic Go Up?

The setup hinges on the Do Kwon trial outcome and whether the rising trendline holds. If LUNC defends $0.000042 and breaks above Supertrend resistance at $0.00004837, the structure shifts bullish. That would target $0.000055 initially, with further upside toward $0.000065 if trial developments prove neutral or positive.

If price loses $0.000042 and breaks the rising trendline ahead of the January 26 trial, the pattern completes bearishly. That exposes Parabolic SAR support at $0.00004014, with deeper downside toward $0.000038 if negative trial headlines accelerate selling.

Holding $0.000042 keeps the rally alive. Losing it confirms distribution ahead of the trial.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/terra-classic-price-prediction-do-kwon-trial-looms-as-lunc-tests-rising-trendline-after-5-33b-binance-burn/

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Summarize Any Stock’s Earnings Call in Seconds Using FMP API

Summarize Any Stock’s Earnings Call in Seconds Using FMP API

Turn lengthy earnings call transcripts into one-page insights using the Financial Modeling Prep APIPhoto by Bich Tran Earnings calls are packed with insights. They tell you how a company performed, what management expects in the future, and what analysts are worried about. The challenge is that these transcripts often stretch across dozens of pages, making it tough to separate the key takeaways from the noise. With the right tools, you don’t need to spend hours reading every line. By combining the Financial Modeling Prep (FMP) API with Groq’s lightning-fast LLMs, you can transform any earnings call into a concise summary in seconds. The FMP API provides reliable access to complete transcripts, while Groq handles the heavy lifting of distilling them into clear, actionable highlights. In this article, we’ll build a Python workflow that brings these two together. You’ll see how to fetch transcripts for any stock, prepare the text, and instantly generate a one-page summary. Whether you’re tracking Apple, NVIDIA, or your favorite growth stock, the process works the same — fast, accurate, and ready whenever you are. Fetching Earnings Transcripts with FMP API The first step is to pull the raw transcript data. FMP makes this simple with dedicated endpoints for earnings calls. If you want the latest transcripts across the market, you can use the stable endpoint /stable/earning-call-transcript-latest. For a specific stock, the v3 endpoint lets you request transcripts by symbol, quarter, and year using the pattern: https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={q}&year={y}&apikey=YOUR_API_KEY here’s how you can fetch NVIDIA’s transcript for a given quarter: import requestsAPI_KEY = "your_api_key"symbol = "NVDA"quarter = 2year = 2024url = f"https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={quarter}&year={year}&apikey={API_KEY}"response = requests.get(url)data = response.json()# Inspect the keysprint(data.keys())# Access transcript contentif "content" in data[0]: transcript_text = data[0]["content"] print(transcript_text[:500]) # preview first 500 characters The response typically includes details like the company symbol, quarter, year, and the full transcript text. If you aren’t sure which quarter to query, the “latest transcripts” endpoint is the quickest way to always stay up to date. Cleaning and Preparing Transcript Data Raw transcripts from the API often include long paragraphs, speaker tags, and formatting artifacts. Before sending them to an LLM, it helps to organize the text into a cleaner structure. Most transcripts follow a pattern: prepared remarks from executives first, followed by a Q&A session with analysts. Separating these sections gives better control when prompting the model. In Python, you can parse the transcript and strip out unnecessary characters. A simple way is to split by markers such as “Operator” or “Question-and-Answer.” Once separated, you can create two blocks — Prepared Remarks and Q&A — that will later be summarized independently. This ensures the model handles each section within context and avoids missing important details. Here’s a small example of how you might start preparing the data: import re# Example: using the transcript_text we fetched earliertext = transcript_text# Remove extra spaces and line breaksclean_text = re.sub(r'\s+', ' ', text).strip()# Split sections (this is a heuristic; real-world transcripts vary slightly)if "Question-and-Answer" in clean_text: prepared, qna = clean_text.split("Question-and-Answer", 1)else: prepared, qna = clean_text, ""print("Prepared Remarks Preview:\n", prepared[:500])print("\nQ&A Preview:\n", qna[:500]) With the transcript cleaned and divided, you’re ready to feed it into Groq’s LLM. Chunking may be necessary if the text is very long. A good approach is to break it into segments of a few thousand tokens, summarize each part, and then merge the summaries in a final pass. Summarizing with Groq LLM Now that the transcript is clean and split into Prepared Remarks and Q&A, we’ll use Groq to generate a crisp one-pager. The idea is simple: summarize each section separately (for focus and accuracy), then synthesize a final brief. Prompt design (concise and factual) Use a short, repeatable template that pushes for neutral, investor-ready language: You are an equity research analyst. Summarize the following earnings call sectionfor {symbol} ({quarter} {year}). Be factual and concise.Return:1) TL;DR (3–5 bullets)2) Results vs. guidance (what improved/worsened)3) Forward outlook (specific statements)4) Risks / watch-outs5) Q&A takeaways (if present)Text:<<<{section_text}>>> Python: calling Groq and getting a clean summary Groq provides an OpenAI-compatible API. Set your GROQ_API_KEY and pick a fast, high-quality model (e.g., a Llama-3.1 70B variant). We’ll write a helper to summarize any text block, then run it for both sections and merge. import osimport textwrapimport requestsGROQ_API_KEY = os.environ.get("GROQ_API_KEY") or "your_groq_api_key"GROQ_BASE_URL = "https://api.groq.com/openai/v1" # OpenAI-compatibleMODEL = "llama-3.1-70b" # choose your preferred Groq modeldef call_groq(prompt, temperature=0.2, max_tokens=1200): url = f"{GROQ_BASE_URL}/chat/completions" headers = { "Authorization": f"Bearer {GROQ_API_KEY}", "Content-Type": "application/json", } payload = { "model": MODEL, "messages": [ {"role": "system", "content": "You are a precise, neutral equity research analyst."}, {"role": "user", "content": prompt}, ], "temperature": temperature, "max_tokens": max_tokens, } r = requests.post(url, headers=headers, json=payload, timeout=60) r.raise_for_status() return r.json()["choices"][0]["message"]["content"].strip()def build_prompt(section_text, symbol, quarter, year): template = """ You are an equity research analyst. Summarize the following earnings call section for {symbol} ({quarter} {year}). Be factual and concise. Return: 1) TL;DR (3–5 bullets) 2) Results vs. guidance (what improved/worsened) 3) Forward outlook (specific statements) 4) Risks / watch-outs 5) Q&A takeaways (if present) Text: <<< {section_text} >>> """ return textwrap.dedent(template).format( symbol=symbol, quarter=quarter, year=year, section_text=section_text )def summarize_section(section_text, symbol="NVDA", quarter="Q2", year="2024"): if not section_text or section_text.strip() == "": return "(No content found for this section.)" prompt = build_prompt(section_text, symbol, quarter, year) return call_groq(prompt)# Example usage with the cleaned splits from Section 3prepared_summary = summarize_section(prepared, symbol="NVDA", quarter="Q2", year="2024")qna_summary = summarize_section(qna, symbol="NVDA", quarter="Q2", year="2024")final_one_pager = f"""# {symbol} Earnings One-Pager — {quarter} {year}## Prepared Remarks — Key Points{prepared_summary}## Q&A Highlights{qna_summary}""".strip()print(final_one_pager[:1200]) # preview Tips that keep quality high: Keep temperature low (≈0.2) for factual tone. If a section is extremely long, chunk at ~5–8k tokens, summarize each chunk with the same prompt, then ask the model to merge chunk summaries into one section summary before producing the final one-pager. If you also fetched headline numbers (EPS/revenue, guidance) earlier, prepend them to the prompt as brief context to help the model anchor on the right outcomes. Building the End-to-End Pipeline At this point, we have all the building blocks: the FMP API to fetch transcripts, a cleaning step to structure the data, and Groq LLM to generate concise summaries. The final step is to connect everything into a single workflow that can take any ticker and return a one-page earnings call summary. The flow looks like this: Input a stock ticker (for example, NVDA). Use FMP to fetch the latest transcript. Clean and split the text into Prepared Remarks and Q&A. Send each section to Groq for summarization. Merge the outputs into a neatly formatted earnings one-pager. Here’s how it comes together in Python: def summarize_earnings_call(symbol, quarter, year, api_key, groq_key): # Step 1: Fetch transcript from FMP url = f"https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={quarter}&year={year}&apikey={api_key}" resp = requests.get(url) resp.raise_for_status() data = resp.json() if not data or "content" not in data[0]: return f"No transcript found for {symbol} {quarter} {year}" text = data[0]["content"] # Step 2: Clean and split clean_text = re.sub(r'\s+', ' ', text).strip() if "Question-and-Answer" in clean_text: prepared, qna = clean_text.split("Question-and-Answer", 1) else: prepared, qna = clean_text, "" # Step 3: Summarize with Groq prepared_summary = summarize_section(prepared, symbol, quarter, year) qna_summary = summarize_section(qna, symbol, quarter, year) # Step 4: Merge into final one-pager return f"""# {symbol} Earnings One-Pager — {quarter} {year}## Prepared Remarks{prepared_summary}## Q&A Highlights{qna_summary}""".strip()# Example runprint(summarize_earnings_call("NVDA", 2, 2024, API_KEY, GROQ_API_KEY)) With this setup, generating a summary becomes as simple as calling one function with a ticker and date. You can run it inside a notebook, integrate it into a research workflow, or even schedule it to trigger after each new earnings release. Free Stock Market API and Financial Statements API... Conclusion Earnings calls no longer need to feel overwhelming. With the Financial Modeling Prep API, you can instantly access any company’s transcript, and with Groq LLM, you can turn that raw text into a sharp, actionable summary in seconds. This pipeline saves hours of reading and ensures you never miss the key results, guidance, or risks hidden in lengthy remarks. Whether you track tech giants like NVIDIA or smaller growth stocks, the process is the same — fast, reliable, and powered by the flexibility of FMP’s data. Summarize Any Stock’s Earnings Call in Seconds Using FMP API was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story
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