Price Could ‘Double Double’ – Cryptocurrency Prepares to Surprise $350 Billion Earthquake Amid Bitcoin, Ethereum, BNB, XRP, Solana, Cardano and Dogecoin Crash

Bitcoin BTC, Ethereum and other cryptocurrencies are still reeling from a Federal “hammer” blow that could be “worse than 2008.”

Subscribe now to Forbes’s CryptoAsset & Blockchain Advisor and successfully browse the bitcoin and cryptocurrency market

Bitcoin price remains below $20,000 per bitcoin, down more than 70% from all-time highs, while Ethereum and other top 10 cryptocurrencies BNB, XRP, XRP, solana, cardano and dogecoin are eyeing a potential price explosion that some believe. it’s not like that. its price in .

Now, one of the top US regulators has said that the bitcoin and cryptocurrency market could be headed for a price boom if a comprehensive regulatory framework is put in place — potentially paving the way for institutional investors and doubling bitcoin’s market capitalization to around $700 billion.

Do you want to stay ahead of the market and understand the latest cryptocurrency news? Subscribe Now to Get Free CryptoCodex – Daily Newsletter for Traders, Investors and Crypto Curious

More FORBES’Better Tech’-A Legendary Google Billionaire Backs Radical Bitcoin and Ethereum Rival Despite Massive $2 Trillion Crypto Price Crash

The cryptocurrency market could prepare for a regulatory earthquake that could ignite a fire under… [+] Bitcoin, Ethereum, BNB, XRP, solana, cardano and dogecoin price.

AFP via Getty Images

“Growth could happen if we had a well-regulated space,” CFTC Chairman Rustin Behnam said this week during an event at New York University Law School, Coindesk reported. “Bitcoin could double if there is a CFTC regulated market.”

The Commodity Futures Trading Commission (CFTC) and the US Securities and Exchange Commission (SEC) are currently battling to control the crypto space, as lawmakers in the US and elsewhere this year move closer to establishing a clearer regulatory framework. Last month, the Biden administration sent a stark warning to the bitcoin and cryptocurrency market — potentially putting the trillion-dollar market on a collision course with regulators after the White House Office of Science and Technology suggested that bitcoin could be banned.

In recent months, some of the world’s largest financial institutions have begun offering cryptocurrency services to clients, while a recent survey of professional investors who collectively manage $2.2 trillion in assets brought back a huge crypto price prediction.

“These crypto-based institutions see a huge opportunity for institutional flows that will only happen if there is an organizational structure around these markets,” Behnam said.

Meanwhile, many crypto-industry executives have long been asked for a more granular regulation, which they expect will open up the market to new entrants.

“Regulatory clarity will actually facilitate adoption,” Changpeng Zhao, CEO of the world’s largest exchange Binance, told Yahoo Finance in an interview. “I think for normal users, 95% of users who are not crypto-yet yet, having regulation will make it easier for them to switch to crypto.”

Subscribe Now to CryptoCodex – Free Daily Cryptocurrency Newsletter

More Forbes $2.2 Trillion Institutional Crypto Price Prediction Reveals The Possibility Of Bitcoin And Ethereum Recovery

The Bitcoin price fell almost 12 months ago, which led to a drop in the price of… [+] ethereum, BNB, XRP, solana, cardano and dogecoin.

Forbes Digital Assets

Stock prices and currency markets went into turmoil this week as central banks around the world struggle to maintain stability in the face of massive increases in federal interest rates that have pushed the US dollar to record levels against other currencies.

“Bitcoin is starting to gain attention as being relatively stable than usual, while a couple of central banks have stepped in in some form or are preparing to do so in order to defend their own currencies,” said Yuya Hasugawa, crypto market analyst at Bitbank. In an email note.

“It is, in a way, impressive as stock markets around the world are taking losses this week, while Bitcoin continues to swing sideways. However, the price has not been able to set a trend for the past couple of weeks as it struggles to climb back above and beyond. about $20,000.”

The relative stability of Bitcoin this week has been welcomed by those in the crypto space who see it as a sign that Bitcoin inflation can hedge.

Alex Adelman, CEO of bitcoin rewards app Lolli, said, “Currently trading close to $20,000 in recent months, bitcoin has remained resilient amid rising inflation, market turmoil, and the so-called crypto winter creating overall adverse conditions for cryptocurrencies. leading”. In the comments via email. “This time period demonstrates the strength of bitcoin as a store of value during times of inflation.”

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos