Bitcoin: BTC Bulls Could Drive Prices to $6,000

Intro

There might be a glimpse of  hope for the stakeholders of Bitcoin, according to a commissioner of the Security and Exchange  Commission (SEC), Hester Peirce, confirmed that an elusive crypto bull run is on the offing after an extended dump down that saw prices of mainstream digital assets like BTC register double digit losses throughout 2018.

She made this known at the University of Missouri School of Law during the Protecting the Public While Fostering Innovation and Entrepreneurship: First Principles for Optimal Regulation, it appears as if her stand on some types of tokens is clear.

From what we can glean, Hester is of the opinion that tokens off functional platforms are utility tokens and shouldn’t be classified as securities and placed under the SEC radar.

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