Embracing Regulation Is Good for Bitcoin, Analyst Says

Bitcoin is treading water since testing the $6,000 level for ground in early February 2018. The previous bullish momentum was capable of printing its all-time high near $20,000, but many questions have arisen since then, particularly in regard to regulatory grey areas. Adoption and compliance to governments regulation for the cryptocurrency market and initial coin offerings (ICOs) are expected to drive the price of Bitcoin upwards.
Fundstrat’s Tom Lee Says Bitcoin Could Shoot up as Coinbas