Howdy traders, it’s Matt here.
There’s a lot of regulation coming to the market.
In the last few weeks, we’ve seen the SEC speak about the legitimacy of crypto.
We’ve seen careful measures to limit bank exposure to crypto. An issue that might have come to a realization.
We’re still waiting for the data from Silvergate Capital Corp. (NYSE: SI).
In any case, things are looking a little sketchy.
The price of Bitcoin fell in the last few days.
It sounds like doom and gloom, but this is where the opportunities start.
Let me explain …
The strongest tokens will survive.
Plain and simple.
When the regulation has been set, and there’s a new era of crypto, only the biggest coins will be left standing.
That means names like Bitcoin (BTC), Solana (SOL), and Ether (ETH).
As regulations grow, we’ll have to keep an eye on the tokens that benefit the most.
For example, there’s a bill that’s been reintroduced that would force crypto-mining companies to disclose their emissions.
That works in favor of tokens on a proof-of-stake system, like Ethereum’s. PoS is far less energy-intensive than proof-of-work (PoW).
The key is to focus on these tokens with bullish factors.
Maybe they’re connected to a big token like BTC. Or maybe they have low carbon emissions.
We’re entering a new era of crypto. And that’s why I have my eyes on a very specific token.
All the regulation is stirring up the crypto market. And I think I found the next spiker.
It’s not moving yet, but that’s just the way I like it.
The early bird gets the worm.
I’ll see you in the next letter.