In a recent roundtable discussion, acting SEC chairman Mark Uyeda mentioned that the Securities and Exchange Commission is weighing a temporary crypto regulatory framework. Think of it as a bit of breathing room for crypto companies.

While a ‘long-term solution’ is still being developed and could take a few months to finalize, this ‘exemptive relief’ idea might just be the immediate answer.

Keep reading to explore what this encouraging potential legislative step could mean and how finding the best crypto to invest in now might allow you to take advantage of it.

Why State-by-State Crypto Rules Aren’t Ideal

During that same roundtable, which included voices from companies like Uniswap, Coinbase, and Cumberland DRW, Uyeda pointed out that crypto regulations differing from state to state could actually hinder the industry’s growth.

Imagine a ‘patchwork’ of different licensing rules across states – that’s not ideal. Ideally, businesses in the crypto space should just need a single central SEC license instead of dealing with up to 50 different sets of crypto regulations across one country!

This suggests that any upcoming crypto regulations could be set at the federal level, with states playing a minimal role. That’s definitely good news for crypto service providers, potentially making it easier for them to operate with less red tape.

$BTC Holds Strong at $82K as Inflation Shows Positive Signs

It’s not just crypto regulations looking brighter – the overall US economy is also hinting at a turnaround.

The US Producer Price Index (PPI) came in at 2.7%, lower than the 3.3% that was expected. This is actually the first time the PPI has decreased month-over-month since March of 2024.

$BTC held steady around $82K in response to this positive economic news and is currently trading above $85K.

The last time the DXY fell this low, it kicked off a massive $BTC bull run that lasted a whole year. Looking at the DXY chart, it seems like it could even fall further, maybe down to 90 – which would be even *more* positive for $BTC.

With both the market charts and regulatory landscape looking promising, now might just be a really good moment to consider investing in crypto. Let’s dive into some top altcoins to watch right now.

1. BTC Bull Token ($BTCBULL) – Top Crypto to Consider Buying Now

Crypto is definitely picking up momentum once again. Just check out Bitcoin – it’s showing impressive resilience on the weekly chart, bouncing nicely off the 50 EMA.

Zooming into the shorter-term 4-hour chart, $BTC also looks bullish. It’s now trading above its 10, 20, and 50 EMAs, which could signal a trend shift.

If you’re betting on Bitcoin’s continued rise and want to maximize potential gains from its upward journey, becoming an early investor in BTC Bull Token ($BTCBULL) could be interesting.

This new cryptocurrency is making waves with its unique approach to rewards. Unlike many others, BTC Bull Token plans to distribute free $BTC to its token holders.

If you hold $BTCBULL tokens in Best Wallet, you’ll automatically receive actual $BTC each time the King Crypto reaches a new milestone price, like $150K, $200K, $250K, and even higher!

Plus, it’s designed to be deflationary. By reducing the total supply of $BTCBULL every time Bitcoin’s price increases by $25K, the project aims to boost both the token’s popularity and its price.

BTC Bull Token is currently in its presale phase, giving you a chance to snag each token for only $0.00246.

And the project is off to a great start! It’s already raised over $4.5M as of now and is likely to keep drawing in investors. Here’s your guide on how to buy $BTCBULL.

2. SUBBD Token ($SUBBD) – A New Altcoin Aiming to Revolutionize the Creator Economy

SUBBD Token ($SUBBD) is easily one of the most interesting cryptos to consider right now. This innovative AI-driven crypto project is looking to transform the massive $85 billion online content creator industry.

SUBBD is launching a fresh AI-powered crypto subscription platform designed to give online creators a suite of AI tools. These tools are geared towards making content creation, management, and distribution much smoother.

Furthermore, SUBBD is aiming to strengthen the connection between creators and their communities by enabling fans to use their $SUBBD tokens to subscribe to exclusive content.

And for those early birds who get in on $SUBBD now, you can also stake your tokens and earn a solid 20% APY for the first year.

You can jump in and buy $SUBBD for just $0.05515 right now. Even though it’s a new project, it’s already generating a lot of buzz with investors, having raised over $150K already.

3. Broccoli ($BROCCOLI) – The Meme Coin Sensation Inspired by Binance’s Ex-CEO’s Dog

$BROCCOLI stands out as one of the few meme coins that actually managed to increase in value even amidst the recent crypto market dip.

Inspired by Broccoli, the adorable pet dog of Binance’s Changpeng ‘CZ’ Zhao, this token proves that crypto enthusiasts’ enthusiasm to rally behind a coin should never be underestimated.

Since launching in February, the token has skyrocketed over 1,150%, and after a period of decline, it’s roaring back as a top trending crypto.

Having jumped over 100% just in the past week, $BROCCOLI has broken through the $0.23 resistance mark. Currently trading at $0.27, it certainly looks like it could be the next crypto poised to explode… again!

The Takeaway

Even with the US government showing a potentially favorable stance towards crypto by exploring supportive regulations, it’s crucial to remember that this doesn’t guarantee investment returns, especially in the short run.

No matter how much analysis you do, the market’s inherent volatility always plays a significant role. That’s why it’s wise to only invest an amount in crypto that you’re comfortable with potentially losing.

And as always, we highly recommend that you do your own thorough research before making any investment decisions. Remember, nothing discussed here should be taken as financial advice.