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Is it still worth promoting crypto? High-potential projects keep dipping, and some have been forgotten but coins without value are pumping.Investors might laugh at the altcoins chart, as it feels more like gambling than investing. Governments are selling their holdings instead of keeping them, and regulations are chipping away at the decentralized nature of crypto. Market movements now seem driven by futures trading, offering free money for whales who can control the market. If they want to earn money in the long, they pump; if they want to earn in the short, they dump. TA and FA is not working here. More like a pyramid scheme than believing in the future of crypto. What do you think? Should we continue promoting crypto for new comers?
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JUST IN! Biden's Crypto Policy Reboot: Carole House Returns Amid Regulatory Focus. The Biden administration has brought back Carole House, a cybersecurity expert, to spearhead crypto policy efforts, as reported by CryptoNews. House, who previously advised on Biden's 2022 crypto-focused executive order, returns as Special Advisor for Cybersecurity and Critical Infrastructure Policy at the White House National Security Council. Source: CryptoNews DXM-Insights House's reinstatement suggests renewed regulatory scrutiny. Her advocacy within the administration for clear guidelines and support for digital innovation could potentially shape future regulatory frameworks. Investors may anticipate heightened government involvement and potential policy shifts affecting market sentiment and compliance requirements. It's crucial for crypto investors to monitor developments closely, as regulatory clarity or ambiguity can significantly impact investment strategies and market dynamics. House's return signals the administration's evolving stance, potentially influencing broader regulatory decisions in the run-up to the 2024 presidential election.
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