U.S. markets closed
  • S&P Futures

    3,822.50
    -3.00 (-0.08%)
     
  • Dow Futures

    30,918.00
    -15.00 (-0.05%)
     
  • Nasdaq Futures

    11,665.00
    -9.25 (-0.08%)
     
  • Russell 2000 Futures

    1,736.40
    -1.90 (-0.11%)
     
  • Crude Oil

    111.93
    +0.17 (+0.15%)
     
  • Gold

    1,820.90
    -0.30 (-0.02%)
     
  • Silver

    20.72
    -0.09 (-0.41%)
     
  • EUR/USD

    1.0525
    0.0000 (-0.00%)
     
  • 10-Yr Bond

    3.2060
    +0.0120 (+0.38%)
     
  • Vix

    28.36
    +1.41 (+5.23%)
     
  • GBP/USD

    1.2196
    +0.0012 (+0.10%)
     
  • USD/JPY

    135.9380
    -0.1900 (-0.14%)
     
  • BTC-USD

    20,255.78
    -532.64 (-2.56%)
     
  • CMC Crypto 200

    438.87
    -11.19 (-2.49%)
     
  • FTSE 100

    7,323.41
    +65.09 (+0.90%)
     
  • Nikkei 225

    26,706.88
    -342.59 (-1.27%)
     

Is This a Red Flag for Crypto?

·1 min read

The New York Senate just passed a moratorium to ban carbon-based crypto mining. Is this a red flag for all cryptos?

The regulation we’re seeing now revolves around eco-friendliness. And I don’t think it impacts anything all that much. The next wave of regulation, though, is the one to watch out for. I predict that over the next 12 months, there’ll be a huge push to regulate DeFi.

The Terra (CCC:LUNA-USD) wipeout caused a lot of pain for retail investors. And when regular folks get hurt, politicians step in.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

A best-case there would be loose regulation — enough to promote more widespread crypto adoption but not enough to stifle innovation.

Catch the full episode at Hypergrowth Investing on YouTube!

The post Is This a Red Flag for Crypto? appeared first on InvestorPlace.