{"id":68683,"date":"2022-10-17T14:24:17","date_gmt":"2022-10-17T11:24:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=68683"},"modified":"2025-09-07T15:31:46","modified_gmt":"2025-09-07T12:31:46","slug":"kevin-oleary-forecasts-bitcoin-rally-after-stablecoin-regulation-bill-passes","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kevin-oleary-forecasts-bitcoin-rally-after-stablecoin-regulation-bill-passes\/","title":{"rendered":"Kevin O\u2019Leary forecasts Bitcoin rally after stablecoin regulation bill passes"},"content":{"rendered":"<p>Investor and star of the television show Shark Tank Kevin O\u2019Leary in an interview with Crypto Banter <a href=\\\"https:\/\/youtu.be\/ExrcOWdI1kQ\\\">\u0437\u0430\u044f\u0432\u0438\u043b<\/a> that the price of the leading cryptocurrency will resume its ascent after the passage of the bill regulating stablecoins.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>He expects this to happen as early as November, after the U.S. congressional elections. According to O\u2019Leary, the document is supported by both parties, as it \\&#8221;would make the U.S. dollar the default payment system worldwide\\&#8221;.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>The TV star also forecast an uptick in institutional investor interest in light of the first regulatory document issued by a U.S. agency in the crypto industry.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>He is confident this will allow digital gold to break out of the trading range $19,000\u201322,000.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\\&#8221;With the advent of regulation, Bitcoin is growing [\u2026] You cannot stop it. You either ride the wave or miss the chance,\\&#8221; said O\u2019Leary.<\/p>\n<\/blockquote>\n<p>\\n\\n\\n\\n<\/p>\n<p>According to him, despite criticism, people will have to embrace cryptocurrencies, as they will fundamentally improve transaction processing around the world.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Earlier, Representative Patrick McHenry <a href=\"https:\/\/u1f987.com\/en\/news\/congress-signals-tough-debates-over-stablecoins-law\">spoke of forthcoming &#8216;hard debates&#8217;<\/a> regarding the stablecoins bill. He said the dialogue on fintech has stalled.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Earlier, in August, O\u2019Leary <a href=\"https:\/\/u1f987.com\/en\/news\/shark-tank-star-kevin-oleary-increases-bitcoin-exposure-amid-crypto-winter\">said he had increased his positions in digital assets<\/a>, despite the bear market.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>He also <a href=\"https:\/\/u1f987.com\/en\/news\/shark-tank-star-kevin-oleary-backs-sanctions-on-tornado-cash\">supported sanctions against Tornado Cash<\/a> and called for regulation of cryptocurrency mixers.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our <a href=\\\"\/\/telegram.me\/forklog\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investor and Shark Tank star Kevin O\u2019Leary stated that the price of the leading cryptocurrency would resume its rise after the passage of the bill regulating stablecoins.<\/p>\n","protected":false},"author":1,"featured_media":68684,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,1138,36,807],"class_list":["post-68683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-opinions","tag-regulation","tag-stablecoins"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=68683"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68683\/revisions"}],"predecessor-version":[{"id":68685,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68683\/revisions\/68685"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/68684"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=68683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=68683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=68683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}