‘Flood Into’ Crypto – Bitcoin Prepares for Unexpected S&P 500 Earthquake After $2 Trillion Ethereum, BNB, XRP, Solana, Cardano and Dogecoin Price Crash

Bitcoin BTC, ethereum and other major cryptocurrencies have crashed along with the S&P 500 and stock prices this year (with some people betting on a “$28 trillion opportunity”).

Sign Up Now For Forbes’s CryptoAsset & Blockchain Advisor And Successfully Move To $2 Trillion Bitcoin And Crypto Market Crash

Bitcoin price is down about 70% from all-time highs, dropping below $20,000 per bitcoin, and dragging on the 10 other cryptocurrencies like Ethereum, BNB BNB, XRP XRP, solana, cardano and dogecoin.

Now, investor and Shark Tank star Kevin O’Leary has predicted that a long-awaited piece of regulation may be poised to catapult bitcoin and crypto into the S&P 500 — warning, “You either join the wave or you get lost.”

In the wild bear market you need updated information the most! Subscribe Now to Get Free CryptoCodex – Daily Newsletter for Traders, Investors and Those Interested in Cryptocurrency That Will Keep You on Top of the Market

MORE FROM FORBEST NEXT Terra Luna? Major $5 billion cryptocurrency may be on the verge of ‘self-destructing’ – likely to hit Bitcoin and Ethereum price

Bitcoin price remains stable below $20,000, down around 70% from all-time highs, and continues to… [+] The price cut of the top ten cryptocurrencies such as Ethereum, BNB, XRP, solana, cardano and dogecoin.

SOPA Images / LightRocket via Getty Images

Although it has nothing to do with Bitcoin, [the Stablecoin Transparency Act] It will be the first regulation passed by US regulators, and I would argue that you want Bitcoin to be long to come to that conclusion,” O’Shares Investment Advisers Chairman O’Shares Investment Advisers said during an appearance on Crypto Banter Youtube channel. “You will see a lot of interest in institutional capital [stablecoins]. “

O’Leary said he expects the Stablecoin Transparency Act, which was introduced in March of this year and is designed to bring greater transparency to the $150 billion stablecoin market, after the US midterm elections in November.

The stablecoin has been on the rise over the past few years, facilitating the massive price hike of Bitcoin, Ethereum and other major cryptocurrencies such as BNB, XRP, solana, cardano, and dogecoin as people use them as a platform in the cryptocurrency market.

The Stable Coin Transparency Act — which requires issuers of cryptocurrencies like tether and circle pegged to the US dollar to report the “quality” of their assets held in reserve — “is very simple in nature and that’s why it may pass,” O’Leary said, adding, “At the end of the day, regulations come, Bitcoin is going up.”

Earlier this year, O’Leary said he expected bitcoin, ethereum and cryptocurrencies to become the 12th sector in the S&P 500, joining technology, healthcare, finance, real estate, energy, materials, consumer appreciation, industries and utilities, consumer staples, and telecommunications.

“I expect crypto, blockchain, bitcoin — all of this innovation — to be the 12th sector in S&P,” O’Leary said in April at the Bitcoin 2022 conference. “When we get the policy and the regulator…the taps of capital will flow into this sector like you’ve never seen before.”

Subscribe Now to CryptoCodex – Free Daily Cryptocurrency Newsletter

More FORBESIt ‘Really Is The Answer’ – Kanye West, JPMorgan and PayPal Reveal ‘Bitcoin Portfolio’ By Billy Bambro

The price of Bitcoin has fallen again over the past year but is still much higher than it was before… [+] The last bull run started in late 2020.

Forbes Digital Assets

The stablecoin market has been shaken this year by the collapse of the algorithmic stablecoin terraUSD and its backer Luna, sparking a wave of regulatory scrutiny.

“Following the May issues with the terraUSD stablecoin, confidence in such cryptocurrencies appears to have plummeted,” wrote Grzegorz Dróżdż, market analyst at investment firm Conotoxia, in an email comment.

“This is noticeable in the market valuations of other stablecoins, including Tether USDT, Circle’s USDC USDC, and Binance’s BUSD BUSD. By the way, their capitalization has fallen from peaks of about $18 billion, $11 billion, and $1 billion, on the straight.”

Sources 1/ https://Google.com/ 2/ https://www.forbes.com/sites/billybambrough/2022/10/23/flood-into-crypto-bitcoin-poised-for-an-unexpected-sp-500-earthquake-after-2-trillion-ethereum-bnb-xrp-solana-cardano-and-dogecoin-price-crash/ The mention sources can contact us to remove/changing this article

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