I just want to share a little about the stable coin regulations that will soon be released by the US government. In my opinion, this will create a crypto market bubble. I have been in cryptocurrency since September 2015, where I have closely followed the price increases in crypto. I even mined until 2019.
In my opinion, the crypto market is already quite saturated based on the TA of 14 years of BTC. This regulation will hit the crypto market very hard, similar to the MTGox incident in the past, and even worse than MTGox.
Some say I am spreading FUD. Let's see if I am spreading FUD or not in the next 1-2 months. Be careful to those who are using stable coin XXXX. Soon it will be impacted by the US government.
Keep DYOR. When the market collapses later, donāt forget to buy. Buy when everyone fears and sell when everyone is greedy...