News

Kevin O’Leary Details ‘Mega Opportunity’ For Early Crypto Investors

Shark Tank star Kevin O’Leary believes a significant potential for Bitcoin (BTC) will emerge in the coming months.

In a new interview with Crypto Jebb, O’Leary stated that if Bitcoin receives completely compliant infrastructure at the sovereign fund level, the floodgates would open.

O’Leary thinks that Bitcoin has potential but is not yet in the portfolio of major investors.

“Big opportunity, mega opportunity for bitcoin, and why do I stay long and why do I continue to allocate to bitcoin, when we get the policy and institutions can allocate it – the sovereign wealth and pension institutions – they might. 50 basis points, which is half a cent in bitcoin, up to a cent, and that’s where you’re going to get out of this range. How high? Nobody knows because the demand is almost insatiable.”

“Most large institutions want a position in crypto and they want the granddaddy crypto. They want Bitcoin. They can’t buy it yet… I service the institutions and the sovereign funds with indexing, and they all tell me they want to index for Bitcoin but they can’t buy it. They don’t have any policy. They don’t have any compliance infrastructure. So we got to get this done.”

The well-known venture capitalist also stated that if laws for Bitcoin and stablecoins are implemented, a large amount of cash might pour into the crypto market.

Currently, BTC is trading at $23,352 and trying to break above the psychological $24,000 barrier.

BTC daily chart. Soure: CoinCu

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

BlockDAG Surges Past $170M as BDAG250 Bonus End Countdown Begins – Aave Targets $400 & Solana Shines with Scalability

BlockDAG crosses $170.5M in presale success with BDAG250 bonus and Whitepaper V3 launch! Solana grows…

56 minutes ago

Qubetics Presale Price Surge Approaches: The Best Coins to Invest in Right Now While Toncoin, and XRP Gain Traction

Discover why Qubetics, Toncoin, and XRP are the best coins to invest in right now.…

1 hour ago

Book of Meme Old News? This Best Meme Coin to Invest in 2024 Is Multiplying Gains Like a Champ

Over the years, meme coins have evolved from inside jokes into serious investment opportunities.

2 hours ago

Time’s Ticking on BlockDAG’s 5-Tier Bonus- Few Days Left to Grab It While Cardano Whales Take Action, Aave Rallies Strong

Discover BlockDAG's five-tier bonus program's closing phases that enhance buyer holdings. Gain insights on the…

3 hours ago

Best Altcoins to Buy for 2025: Qubetics Presale Surge, Solana’s Lightning Speed, and Cardano’s Blockchain Revolution

Discover why Qubetics, Solana, and Cardano are redefining the crypto landscape. Learn about milestones, price…

4 hours ago

Why Qubetics, NEAR Protocol, and IMX Are Dominating Crypto: The Best Altcoins to Join Today for Game-Changing Returns 

Discover why Qubetics, NEAR Protocol, and Immutable X are the best altcoins to join today,…

6 hours ago

This website uses cookies.