Macro Guru Lyn Alden, potential regulatory pressures altcoin He is giving a warning to investors, saying that it may pull the markets down.
Alden says in a new interview that regulatory pressure could crush altcoins.
However, Alden bitcoinIt states that (BTC) may not be affected by this.
“So I separate Bitcoin from the rest of the crypto space, I think the wider crypto space, the noise-to-signal ratio. [maalesef] very high. I think there’s still a lot of foam to run off. I think we’re seeing more and more regulatory blows against this space.
Basically, they define what security is, which assets violate security laws, and which companies violate security laws by selling those assets to the public. I think this whole area is full of landmines. Going forward, I would be very cautious about putting serious capital into this space.”
According to Alden, the king crypto-will be exempt from most regulatory sanctions because it looks more like a commodity than a security.
“I put Bitcoin in a different category because it’s not a security, it’s considered a digital commodity because it didn’t pass the Howey test. I also think that the foundations of true decentralization are stronger, and that much of the bubble in the Bitcoin space has already been laid.
During this whole disastrous bear market, most of the tourists are gone.”
bitcoin At the time of this writing, it is trading at $27,770. It has increased dramatically in the last 24 hours.