Honesty, after all the news in the past two weeks, I would have expected crypto to dump. But it didn't and that is beautiful.

All the talk about the SEC, staking and stablecoins really had me expecting a reaction from the market. Not that all the news is necessarily bad but at first glance it might seem like a blow to crypto. Right now there is a lot of uncertainty (That is the U of FUD) regarding the regulation of crypto which I thought should have affected the prices negatively. I set some limit orders for buying bitcoin at 20k which I honestly expected to see. Right now, it seems like we will not be getting there. Of course I would have welcomed a nice discount but these prices are still great, so I will not complain. All of this uncertainty and possibly strict regulations that might follow could still lead to a major correction in the market.

Still, crypto has survived many real events in the past that could have sunk the ship. Crypto has also survived waves and waves of FUD and this will continue on until we reach the mainstream. This seems like another wave of FUD which might just have weaker effects in a bear market.

All in all it feels like trust in crypto is growing stronger and people who are invested now, are not influenced by the FUD that has been going around the last weeks…

And that is beautiful to see.