Ansem: Sentiment and positioning in the altcoin market are at multi-year lows, and some quality tokens may be poised for a rapid rebound
I usually assess regulatory news by asking three questions:
1. What was said: Is it a formal rule or just a statement?
2. When will it take effect: Is there a specific timeline?
3. Who will it affect: The entire industry or a specific business?
This looks somewhat positive, but there is usually still a long way to go from a statement to implementation.
$BTC Current price: 83928.6.
#BTC
I usually assess regulatory news by asking three questions:
1. What was said: Is it a formal rule or just a statement?
2. When will it take effect: Is there a specific timeline?
3. Who will it affect: The entire industry or a specific business?
This looks somewhat positive, but there is usually still a long way to go from a statement to implementation.
$BTC Current price: 83928.6.
#BTC