The Wolf Of All Streets

$120,000 Bitcoin? BTC About to Explode!

Apr 29, 2025
John Deaton, a former U.S. Senate candidate and founder of CryptoLaw US, alongside Eleanor Terrett, journalist and host at Crypto America, dive into the crypto regulatory landscape. They discuss the SEC's shifting approach and the impact of Bitcoin spot ETFs. Can Bitcoin really reach $120K soon? The pair analyze rising institutional interest and the collaboration between crypto firms and regulators. With insights into emerging innovations and legal challenges, this conversation offers a glimpse into the future of the cryptocurrency revolution.
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INSIGHT

SEC Leadership Drives Crypto Policy

  • The SEC's leadership shapes its stance on crypto, with staff usually following the chair's direction.
  • Gary Gensler's tenure was marked by hostility toward crypto, but approval of Bitcoin spot ETFs happened under his watch due to court pressure.
INSIGHT

Regulatory U-Turn Boosts Bitcoin

  • The previous SEC leadership damaged trust with arbitrary and aggressive enforcement, threatening the entire crypto industry.
  • Now, the space sees an unprecedented regulatory shift, with Bitcoin becoming a top asymmetric trade opportunity even compared to 2016.
INSIGHT

Institutions Embrace Crypto Rapidly

  • Previously taboo, crypto is now widely embraced by institutions and banks eager to offer it as a product.
  • The rise of ETFs and corporate Bitcoin adoption reflects growing institutional confidence driven by regulatory clarity.
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