Cryptocurrencies Price Prediction: Bitcoin, Ripple & Pepe — Asian Wrap 17 June
Bitcoin active addresses hit lowest level in five years, BTC ranges below $67,000
Bitcoin (BTC), the largest asset by market capitalization, has noted a decline in its active address count per data from Glassnode. A decline in active addresses is typical at a time during a surge in Bitcoin transaction fees.
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SEC vs. Ripple lawsuit update: Regulator responds to letter regarding Terraform Labs judgment
Securities and Exchange Commission (SEC) responded to Ripple’s letter that quotes the reasons for the settlement amount being unreasonable. The payment firm had proposed a fine of $10 million, as opposed to the SEC’s $2 billion.
PEPE holders distribute their tokens after massive profit taking for 30 days
PEPE, the frog-themed meme coin has added 820% to its value, year to date. On-chain data from crypto intelligence tracker Santiment shows that wallets holding 1 billion and higher PEPE tokens have distributed their holdings in the past 30 days.
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