⚡️Menurut data terbaru, persentase pasokan Bitcoin yang meng

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⚡️Menurut data terbaru, persentase pasokan Bitcoin yang menghasilkan keuntungan saat ini berada di angka 88,8%. •Level ini terakhir terlihat pada 7 Februari 2024, dan pada saat itu harga berada di $44,000.

⚡️Menurut data terbaru, persentase pasokan Bitcoin yang menghasilkan keuntungan saat ini berada di angka 88,8%.
 •Level ini terakhir terlihat pada 7 Februari 2024, dan pada saat itu harga berada di $44,000.

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Crypto Whales Are Heavily Collecting Ethereum! Is ETH Rally Coming? The critical process continues in the cryptocurrency industry. Crypto assets, which experienced sudden declines after the Israel-Iran conflicts, started to recover again. Today, it is observed that the leading cryptocurrency Bitcoin (BTC) and altcoins are losing value again. According to Look On-Chain, a successful data provider, Justin Sun and some crypto whales are making significant ETH purchases. Here is the latest data on whales collecting Ethereum: “0x4359 (possibly Justin Sun) withdrew 4,666 ETH (worth $14.91 million) from Binance again 6 hours ago. Since April 8, Sun has purchased 132,054 ETH (worth $420 million) at an average price of $3,173. The new wallet “0x9EB0” withdrew 7,182 ETH ($23.06 million worth) from Binance in the last 18 hours. 0x4446 withdrew 11,892 ETH ($37.77 million worth) from Binance in the last 2 days. This whale then took a long position in ETH by depositing ETH into Compound and borrowing USDT. “0x1958 withdrew 5,181 ETH (worth $16.28 million) from Binance again 34 hours ago, then deposited these assets into Bedrock and Pendle.” If crypto whales continue to make such large ETH purchases in the coming period, an Ethereum rally may occur in the sector. $BTC $ETH

Ripple Objected to SEC's $2 Billion Proposal! What will happen now? San Francisco-based company Ripple filed its objection against the US Securities and Exchange Commission's resolution proposal. Last month, the SEC sought injunctive relief, penalties, and disgorgement of profits in the Ripple case. The company, best known for its involvement with the XRP cryptocurrency, may have to pay $2 billion. In its motion, the SEC argued that such an exorbitant amount was justified due to the reckless nature of the company's conduct and repeated violations of securities laws. The fines are expected to deter Ripple and other industry players from ignoring the law in the future. However, in its latest filing, Ripple argues that the SEC must provide evidence that the company will violate the law again in the future. It also argues that its corporate sales do not “recklessly disregard” the law, citing its interactions with other U.S. regulators and regulatory actions in other major jurisdictions. The company claims that any injunctive relief must be “narrow and specific.” Additionally, according to Ripple, the SEC failed to show that any compensation was necessary, arguing that its corporate sales caused no “pecuniary harm.” As for the fine, the company claims that it should not exceed $10 million. “The court should deny the SEC's requests for injunctive relief, damages, and pre-trial interest, and impose a civil penalty not to exceed $10 million,” Ripple said in its filing. Ripple's response to the SEC's request came at an opportune time. Bloomberg announced yesterday that two SEC lawyers had to resign after the regulator was punished by a federal judge for abusing its authority in the DEBT Box case. Lawyers misrepresented some key facts to obtain a temporary restraining order against the Utah-based crypto company. "The United States will painfully face the consequences of the institution's disastrous policies long after Gensler is gone," Ripple CEO Brad Garlinghouse said in a statement on the X social media network. $BTC $XRP

🚨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.

Ripple's Defense Strategies Against the SEC. San Francisco-based Ripple company has submitted a new defense file in its ongoing legal fight with the US Securities and Exchange Commission (SEC). The SEC is making serious accusations against Ripple, demanding heavy fines and injunctions. Ripple, on the other hand, opposes these accusations, arguing that evidence must be presented that they will not violate the law in the future. The SEC argues that Ripple has repeatedly violated securities laws and therefore a $2 billion penalty is appropriate. According to the institution's claim, such penalties will encourage Ripple and similar companies to comply with the law. Ripple, on the other hand, states that past corporate sales were not against the law and that the financial damages claimed by the SEC did not occur. The company states that the proposed penalties should not exceed $10 million and asks the court to reject all of the SEC's requests. According to Ripple, any precautionary measures should be limited and specific. He also argues that the claim for damages is unnecessary, as the SEC has acknowledged that there was no financial loss resulting from Ripple's sales. *Ripple objects to the SEC's $2 billion penalty request, citing a lack of evidence and past regulatory compliance. *The company recommends that possible fines not exceed $10 million, because it cannot demonstrate financial damage despite the SEC's claims. *Ripple CEO Brad Garlinghouse states that the SEC's policies will negatively affect the USA in the long term. The lawsuit between the SEC and Ripple may affect the cryptocurrency markets and the value of XRP. Ripple's defense strategy and the SEC's responses make this case closely followed by the cryptocurrency community. $BTC $XRP

Standard Chartered Shares Bitcoin Price Target – Explains the Reason for BTC's Latest Drop. Despite the recent pullback, the Bitcoin price could more than double this year thanks to a bullish pattern that could reignite its rise, according to Geoff Kendrick, director of digital assets research at Standard Chartered. In a recent interview with BNN Bloomberg, Kendrick reiterated his firm's $150,000 price target and predicted a 127% upside for Bitcoin by the end of the year. Bitcoin has experienced a pullback in recent weeks, losing 11% from its all-time high of around $73,000 in March of this year. Kendrick said this pullback was due to slowing inflows into Bitcoin ETFs and rising tensions in the Middle East, which “dominates” crypto markets for now. But Kendrick believes this trend could reverse later in the year, thanks to a large wave of investor inflows. Kendrick estimates that spot Bitcoin ETFs have attracted approximately $12 billion in investments since they were approved in January. While crypto investors may be temporarily cautious, Kendrick estimates that inflows could rise to $50 billion to $100 billion over the next two years as the crypto ETF market in the U.S. becomes more “mature.” Kendrick said that Bitcoin also appeared to be in an upward trend after the halving event. “From where we are right now, it's starting to look like we could be on the rise again,” Kendrick said. Standard Chartered is among the most bullish Bitcoin forecasters on Wall Street, and the firm has also predicted that Bitcoin could climb to $250,000 in 2025, representing a 266% increase from the coin's March levels. $BTC $ETH $BNB

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