COINBASE FILED A LAWSUIT AGAINST THE SEC

Over the last week, something very strange has been happening in crypto. Old whale accounts have been active massively leading many to speculate. Over the last week or two, something strange has happened over in Bitcoin Whale's land. Far too many dominant addresses have been activating, these are big whale accounts with a thousand or more Bitcoin which have been working up, moving coins on chains. These addresses are 10 or 12 years old, the case with 10 of 12 years old addresses waking up is not a big deal but for in a week.

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Coinbase filed a lawsuit against the SEC today, it is because the SEC has been ignoring them since their July 2022 petition on whether the existing security law could apply to the cryptocurrency industry or not. The SEC looked at that and throw it in the trash and they have been completely ignoring Coinbase ever since they got that. It since like Coinbase wants to force the SEC's hands here, and take them think about the right decision to take. Coinbase is out there fighting the good fight for the entire crypto industry in the United States right now, taking on the corrupt SEC. They are run by a guy that can not even tell what is a security or not.

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It feels like Crypto Winter is kind of cool and off. Now, we see the Bitcoin price prediction coming hot and fast. Last week, everyone is talking about a $45,000 Bitcoin prediction, and this week, we are getting a $60,000 Bitcoin prediction. Speaking about the stock-to-flow model, it has a really going run during the last bull market. Ultimately, it failed when the price didn't move to that 100k level. Standard Chartered Bank is predicting $100,000 in Bitcoin, according to a report from the Bank they predict that Bitcoin will hit $100,000 in 2024. One of the reasons for the cold price prediction is the crisis and they said the banking crisis helps to re-establish the Bitcoin use case.

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