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🚨Reminder: 🔸Tesla will release its earnings report after the close of the US stock markets today. 🔸Visa earnings report will be published after the US stock markets close today.

🚨Reminder:

🔸Tesla will release its earnings report after the close of the US stock markets today.

🔸Visa earnings report will be published after the US stock markets close today.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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As the SEC-Ripple case comes to an end, the regulatory body is preparing for a new move. In the case between Blockchain company #Ripple and the SEC, the US regulator made its final defense regarding the solutions to the case. The #SEC also submitted some documents to the court supporting its defense. While the documents submitted by the SEC to the court are still sealed, a censored version of these documents is expected to be made public tomorrow. On the other hand, lawyers on both sides will meet today to agree on what information will remain censored before the documents are made public. While the SEC's response to the court is not yet known, those who follow the case closely expect the regulator to present documents against Ripple's defense in its response. Because the SEC demanded a $2 billion fine against Ripple for violating securities laws through corporate sales, and Ripple objected to this penalty in its latest defense. However, last July, the court ruled that Ripple violated securities laws with its sale of XRP to institutions. It is estimated that the #SEC also justified this decision in its response letter to the court. While it seems that the long-running case has come to an end, speculations about the final decision continue. Some market commentators predict that Judge Analisa Torres may make her final decision in July or September. On the other hand, some consider the assumption that the parties can reach an agreement before the decision. However, while Ripple has so far strongly objected to the SEC's demands, it can be said that a compromise is unlikely. On the other hand, while the comments regarding the conclusion of the case remain only speculation, it is possible that the case will be postponed to 2025 if one of the parties appeals after the decision. $BTC $XRP
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Expectation of 100 Thousand Dollars in Bitcoin is Back! But Can There Be Another Correction? Analyst Announced! This rise in Bitcoin after the correction in April revived option traders' expectation of $ 100,000 in BTC in 2024. BTC recovered rapidly due to the impact of FED Chairman Jerome Powell's statement last week that they were not considering an interest rate increase and the US non-farm employment (NFP) data announced on Friday. This revived options traders' expectations for $75,000 and $100,000. Evaluating the recovery in Bitcoin, QCP Capital analysts wrote: “Following the recovery from Friday towards the weekend, we see an upward trend in volatility and rates. BTC risk reversal has been positive (calls are now more expensive than puts). "The BTC risk turning positive led to renewed demands for BTC, and traders' expectations for $75,000 and $100,000 in September were renewed." “I Expect $92,000 in Bitcoin!” Ledn chief investment officer John Glover argued that Bitcoin could rise to 92,000. Applying the Elliot wave theory made by Glover in this analysis, he said that there is a possibility that BTC will fall to $ 52,000-55,000 before the rise to $ 92,000. “BTC price action continues to follow the path I expect for Wave 4, according to Elliot Wave theory. Although the drop to $56,500 has completed the correction, I still expect to see a price of $52,000-$55,000 before Wave 4 is completed. After the 4th wave is completed, I expect Bitcoin to rise towards $92,000 in the 5th Wave. “
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