According to @caprioleio, Treasury companies are increasingly concerned about regulation that could negatively impact their operations, highlighting a rising regulatory overhang for risk assets and crypto markets (Source: X/@caprioleio, Nov 22, 2025). He draws a historical parallel to the 1920s investment trusts that faced regulatory clampdowns, implying that similar policy pressure can puncture overheated markets (Source: X/@caprioleio, Nov 22, 2025). His warning that all bubbles end signals traders to monitor regulatory headlines closely and manage downside risk and liquidity exposure (Source: X/@caprioleio, Nov 22, 2025).

According to the author, increasing political activities by crypto companies like Coinbase and Ripple could erode the foundational cypherpunk values of cryptocurrency, potentially leading to heightened regulatory risks and negative market sentiment. As cited in the article, Coinbase's sponsorship of political events and Ripple's lobbying efforts may introduce volatility for assets such as BTC and ETH, impacting trader decisions amid ongoing regulatory developments.