The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Crypto Insider Says One Catalyst Will Increase Investments in Bitcoin and Trigger Price Surge in BTC

by Daily Hodl Staff
October 22, 2022
in Bitcoin, Trading

Crypto insider Kristin Smith is unveiling a possible catalyst that could ignite the next Bitcoin (BTC) bull run.

In a new interview on CNBC’s Squawk Box, Smith, the executive director of the crypto lobbying group Blockchain Association, says that Bitcoin’s current price is being stabilized by long-term investors while adding that retail traders have largely fled the digital asset markets due to bearish conditions.

Smith, however, says that retail investors will likely return once the economy gathers steam.

“I think Bitcoin has been largely stable for a couple of reasons. One, you have the retail investor that has largely exited investing in Bitcoin… People are worried about paying for gas. They’re worried about paying for groceries. They don’t have the ability to put extra money away by investing in Bitcoin at the moment.

But I do think that the investors that are in there right now are holding out for a future date. They’re in it for the long run. And I think as we start to see the economy turn around and people putting more risk into their investment portfolios, we’re going to see the investment in Bitcoin rise and subsequently the price.”

Smith also weighs in on the possibility of the US Congress adopting crypto regulations by the end of the year, which some believe will attract more institutional investments in Bitcoin.

“Congress is actually actively working on legislation that would provide additional regulation for the underlying digital commodity spot market, so including the Bitcoin spot market, and this actually has a real chance of getting done before the end of the year.

The chair and ranking member of the Senate Agriculture Committee has introduced the Digital Commodities Consumer Protection Act, the DCCPA, and this is a pretty good framework for regulating centralized exchanges in the spot markets. There is one outstanding issue around decentralized finance. These are software protocols that operate completely differently than custodial centralized exchanges. But that’s an issue that’s being worked out. I’m optimistic we’ll come to a good resolution there. I think there’s a decent chance we could see legislation signed into law before the end of the year.”

At time of writing, Bitcoin is changing hands at $19,167.

I

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Sensvector/okeykat

Submit a Press Release

Industry Announcements

  • MultiBank Group To List MBG Token on Gate.io and MEXC During Official Token Generation Event
    July 18, 2025
  • GSR Leads $100 Million Private Placement Into Nasdaq-Listed MEI Pharma To Launch First Institutional Litecoin Treasury Strategy Alongside Charlie Lee
    July 18, 2025
  • KuCoin Launches xStocks, Delivering a One-Stop Access Point to Top Global Tokenized Equities
    July 18, 2025
  • PlayW3 Unleashes ‘Be the Boss,’ a New On-Chain Business Model That Turns Creators Into Owners – Over $320,000 Already Paid Out
    July 17, 2025
  • Streamex (BSGM) CEO Henry McPhie Highlights BSGM Merger and RWA Tokenization Strategy in Live TV Interview
    July 17, 2025
  • Numerai Announces $1 Million Strategic Buyback of NMR
    July 17, 2025
  • Bit Origin Secures $500 Million Equity and Debt Facilities To Launch Dogecoin Treasury
    July 17, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$118,299.70
$118,299.70
1.32%
Ethereum
$3,574.29
$3,574.29
1.66%
BNB
$733.84
$733.84
1.23%
Solana
$176.83
$176.83
3.49%
XRP
$3.47
$3.47
1.44%

Spotlight

  • Bitcoin Could Explode by 112% Before End of Year, According to Analyst Michaël van de Poppe – But There’s a Catch
    July 12, 2025
  • Financial Giant Handing up to $5,000 per Person in Data Breach Settlement After Names, Social Security Numbers and More Exposed
    July 12, 2025
  • Bitwise CIO Says Bitcoin Sellers Are Almost Exhausted, Doubles Down on $200,000 Bitcoin Price Target – Here’s His Timeline
    July 12, 2025
  • Football Pro Loses $240,000 in JPMorgan Chase Bank Scam, Triggering Inside Job Inquiry: Report
    July 12, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl