Everyday I'm posting a puzzle for the family to win some #reward . You can also join us and win some crypto! Today we have $XEC ! This time there wont be a puzzle because a code was shared and taken by bots. Only QR code to scan and less winners for now until we get rid of sharers and spoilers of fun!

Follow me on Twitter and BinanceSquare. I hope I can get 1000 followers and give normal red packets for comments!
https://twitter.com/CrizCrosss
I also hope i can #writeandearn

Also if you havent received a large BP box, its over here: 🎁BPA4UVITKD
And ramadan box:
https://s.binance.com/33TpbRZj

Please leave a like,followe and a comment, especially if you received the rewards. I can slightly help first commers...
Good luck!

Cathie Wood, the CEO of ARK Invest, has reiterated her bullish Bitcoin price prediction of $1.5 million by the year 2030. She cites the recent approval of the Bitcoin spot ETF in the US as increasing the “probability of the bull case.” According to her base case scenario, Bitcoin could reach $600,000 by the end of the decade. However, under more optimistic conditions, Wood believes the leading cryptocurrency by market capitalization could surge over 3,000% from current levels and trade at $1.5 million per coin. This revises her previous forecast of $1 million, which she gave last year. Wood points to Bitcoin’s expanding fundamentals such as rising hash rate, increasing long-term holder reserves, growth in addresses holding BTC, and now the launch of the spot ETF as driving adoption and usage. The SEC approval of ETFs backed by actual Bitcoins has been seen as a milestone event by the cryptocurrency industry. At least nine ETFs began trading on US stock exchanges yesterday, sparking immediate enthusiasm. Bitcoin prices shot up 9% in the first hour of trading on Thursday. ARK Invest is one of the issuers licensed to operate a Bitcoin ETF.

Wood claims that while the new spot ETFs will engage in intense competition, she expects the ARK 21Shares Bitcoin Trust ETF to emerge as one of the top performers. As CEO of the high-profile ARK Innovation ETF, Cathie Wood has attained celebrity-like status in finance circles for her stakes in disruptive tech companies and digital assets like Bitcoin. It is estimated that nearly 25% of her net worth is invested directly in cryptocurrencies, underscoring her measurably positive outlook. Other forecasters also see a substantial upside in the Bitcoin price, although typically not to the same magnitude as Wood. Earlier this week, analysts at Standard Chartered Bank predicted $200,000 per Bitcoin by 2025 based on comparing the crypto asset’s market with the advent of the first gold-backed ETF in 2004. While only time will tell whether Bitcoin reaches a multi-million dollar valuation, Cathie Wood remains an ardent believer in the network’s long-term investment thesis. She stated that Bitcoin represents “a financial super highway” and “public good” that will expand from current levels as adoption continues increasing.

Factors Potentially Influencing Price:
Adoption: Increased institutional adoption and mainstream acceptance could drive up demand and price.Regulation: Clear and supportive regulations could create a more stable environment for Bitcoin, increasing investment attractiveness.Limited Supply: Bitcoin's finite supply of 21 million coins could contribute to price appreciation as demand grows.Technological Advancements: Developments in blockchain technology and scaling solutions could make Bitcoin more efficient and user-friendly.
Counter Arguments and Considerations:
Volatility: Bitcoin is highly volatile, and its price can fluctuate significantly. Reaching $1 million by 2030 is just one prediction among many, and there's no guarantee it will happen.Competition: Other cryptocurrencies and emerging technologies could outpace Bitcoin, affecting its market dominance.Regulation Uncertainty: Regulatory uncertainty and potential crackdowns could hinder Bitcoin's growth.#Write2Earn‬ #writetoearn #writeandearn