Kevin O’Leary Predicts U.S. Regulations May Favor Only Bitcoin and Ethereum in Crypto Future
The post Kevin O’Leary Predicts U.S. Regulations May Favor Only Bitcoin and Ethereum in Crypto Future appeared on BitcoinEthereumNews.com.
Kevin O’Leary warns that most altcoins are useless and predicts only Bitcoin and Ethereum will survive under new U.S. regulations. He foresees a market cleansing that favors established assets, pushing institutions to allocate primarily to BTC and ETH for their proven utility and stability. Kevin O’Leary emphasizes regulatory changes will reshape crypto, limiting survival to Bitcoin and Ethereum. New rules like the Genius Act standardize stablecoins, reducing altcoins’ role in payments. Institutions plan 3-5% portfolio allocations to BTC and ETH, capturing 90% of market performance per recent data. Kevin O’Leary on altcoins: Most are useless, only BTC and ETH will thrive amid U.S. regulations. Discover the regulatory shift and institutional focus driving crypto’s future. Stay informed on Bitcoin and Ethereum dominance. What Does Kevin O’Leary Say About Altcoins? Kevin O’Leary has declared that most altcoins are useless and anticipates that only Bitcoin (BTC) and Ethereum (ETH) will endure in the evolving cryptocurrency landscape. In recent statements, he highlighted how U.S. regulatory reforms are steering the market toward consolidation around these two dominant assets. This shift, he argues, stems from clearer rules on digital assets that prioritize stability and utility, sidelining speculative smaller tokens. How Will U.S. Regulations Impact Bitcoin and Ethereum? U.S. regulations are poised to strengthen Bitcoin and Ethereum by providing a structured framework for institutional involvement. The Commodity Futures Trading Commission (CFTC) has advanced about 30% of its oversight plans, focusing on derivatives and settlement systems that align with BTC and ETH’s established infrastructures. According to reports from financial analysts, this partial implementation has already influenced market dynamics, with BTC and ETH showing resilience in recent trading sessions. The Genius Act, passed to regulate stablecoins, mandates backing with short-term U.S. Treasuries, effectively turning them into reliable digital cash equivalents. Kevin O’Leary noted in interviews that this development diminished…
