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The founder of Cardano (ada)Charles Hoskinson, predicts that the Bitcoin course (BTC) could increase to $ 250,000 this year. In his opinion, the start of tech giants such as Microsoft and Apple into the crypto world will ensure an enormous amount of capital.
Before this parabolic increase takes place, the cryptoma markets will initially stagnate for three to five months.
Optimism despite Bitcoin course decline
The cryptoma markets were recently hit by a wave of risk of risky systems. As already under the Bitcoin news The trade tariffs of the American President Donald Trump triggered panic on the market.
Bitcoin was traded under $ 75,000 last week, and the panic was great. But on Wednesday the redeeming news came: BTC rose to over $ 83,000 after Trump temporarily lowered the tariffs for most countries to 10 percent.
Although the Bitcoin course is still about 25 percent below the record high of $ 109,000, players in the industry remain optimistic of the future. Hoskinson, who has been working in the crypto industry for more than ten years, expects Bitcoin to reach the limit of $ 250,000 by the end of this year or next year.
“Geopolitical influence good for crypto”
Hoskinson thinks that the problems around tariffs will disappear and that people will see that the world is ready to negotiate. Ultimately, it is all about the trade relationship between the USA and China. He expects the market to adapt that the Federal Reserve will reduce interest rates and that fiat money will flow into crypto.
In his opinion, geopolitical tensions, such as possible conflicts in Ukraine and Taiwan, provide additional demand for cross -border alternatives such as cryptocurrencies. He thinks that the use of cryptocurrencies is the only option for globalization.
In addition, he pointed out the growth of the number of cryptocurrency users. Loud Crypto.com The number of cryptocurrency owners rose by 13 percent to 659 million in 2024.
Stable coin legislation according to the Cardano founder crucial
Hoskinson also expects new legislation to be adopted for stable coins and the Digital Asset Market Structure and Investor Protection Act. The legislation is intended to clarify the regulation of digital assets. Both draft laws are currently being treated in the United States.
According to Hoskinson, stable coin legislation can lead in particular to the “Magnificent 7 ″ companies will introduce stable coins. The Magnificent 7 is a group of seven large technology companies, including Apple, Microsoft and Amazon.
Stable coins can be used to pay employees in different countries. They are also useful to make small transactions cheaper on their platforms than through the existing payment infrastructures.
Stable coins can be sent incredibly quickly from one wallet to another worldwide. Hoskinson predicts that the crypto market is primarily stimulated by this development.