Good sign or bad sign? Couple this article (see below) with my previous postings on "Is Europe coming down hard on crypto" as well as my past posts about introducing regulations, it is a judgement you have to make for yourself how much risk and exposure you want your investment portfolio to have. Stay tune for more!
The digital currency markets have been trading within a relatively tight range today, experiencing little volatility as regulatory concerns continue to affect trading activity.
Regulatory Uncertainty
When seeking to explain the relatively tepid activity taking place in the digital currency markets, several analysts pointed to regulatory uncertainty as a development undermining sentiment and causing investors to sit on the sidelines.
"There is significant Fear, Uncertainty, and Doubt still around recent China and South Korea regulatory action," said Chris Keshian, co-founder of the Apex Token Fund, a tokenized crypto fund-of-funds.
Market participants are currently looking at a global regulatory environment that is both uncertain and complex, as countries take different approaches to supervising cryptocurrencies and their use.
"China tries to control crypto locally, S.Korea wants to protect their people and try to reduce interest in the industry. U.S. is taking more positive stance by accepting the technology but trying to put some rules participants need to follow."
See Article for full details: Cryptocurrency Markets Gripped By Wait-And-See Mentality - https://www.forbes.com/sites/cbovaird/2018/02/12/cryptocurrency-markets-gripped-by-wait-and-see-mentality/#14877c773712