The current price of Bitcoin is approximately $67,000. After halving, it's projected to reach $70,000, resulting in $350,000 by year-end and $400,000 by spring 2025. Bitcoin holdings over the years:
- 2012: 50.616 BTC
- 2013: 19.127 BTC
- 2014: 351 BTC
- 2015: 901 BTC
- 2016: 697 BTC
- 2017: 323 BTC
- 2018: 24 BTC
- 2019: 84 BTC
- 2020: 46 BTC
- 2021: 10 BTC
- 2022: 20 BTC
- 2023: 14 BTC
- 2024: 7 BTC
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⚠️🚨3 theories why the SEC may be eyeing down Ethereum: Crypto lawyer⚠️🚨

👉The regulator does not want to undermine its arguments in ongoing legal action against Coinbase and Binance.

The reported probe into Ethereum and its foundation could be a way for the securities regulator to comfortably deny spot Ether
ETH

tickers down
$3,537

ETFs and satisfy senator blowback without undermining its ongoing lawsuits, according to a crypto lawyer.

On March 22, general partner of Van Buren Capital and finance lawyer Scott Johnsson offered his opinion on why the SEC may have reportedly launched its probe into Ethereum and the Ethereum Foundation.

One of the theories, according to Johnsson, is that the SEC could be using the probe to placate crypto skeptics who have demanded a tougher stance from the agency.

Earlier this month, Democrat senators Jack Reed and Laphonza Butler urged SEC chair Gary Gensler not to allow any further spot crypto ETF approvals. Senator Elizabeth Warren has also been extremely vocal in her disapproval of these investment products.

Another theory, which has gained more traction on X lately, is that the SEC could be using it as a way to deny spot Ethereum exchange-traded funds (ETFs) — as a non-correlation objection may not hold up.

“The SEC needs a non-correlation objection to deny ETH spot ETFs this year,” said Johnsson.

The crypto lawyer explains that denying spot ETH ETFs solely based on correlation analysis may be a temporary solution, as correlation levels are improving over time.

Correlation describes the difference between the prices on spot markets and futures and has been a key argument for the SEC for approving or denying crypto ETPs.

However, earlier this month, ETF analyst Eric Balchunas said that the “correlations between futures and spot isn’t as strong" before adding that he was “not nearly as optimistic here vs BTC ETFs.”
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The time-sharing line goes to the top of the garden to prevent falling back
1. The Japanese K-wire surged higher and fell back.
2. The daily K-line initially stopped falling
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Those who realize it in four or five years are the chosen ones!
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Because he doesn't have enough time and money to last that long.
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Important Trading rules 🚨

If any of your trades hit a stop loss, the stop loss will not be modified without any logic! Always avoid emotions. Remember that a single trade can wipe out your portfolio.

✍️ Author by 👑 @User09
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