Bitcoin Could Surge To $500K Amid DeFi Boom, Trump’s Pledge To Establish A BTC Strategic Reserve, Says Cardano Founder Charles Hoskinson
Cardano (CRYPTO: ADA) founder Charles Hoskinson, a co-founder of Ethereum (CRYPTO: ETH), predicted Bitcoin (CRYPTO: BTC) could surge to between $250,000 and $500,000 within the next 12 to 24 months, citing growing institutional investment and emerging decentralized finance opportunities.
What Happened: In a recent livestream from Colorado, Hoskinson emphasized Bitcoin’s transformative potential, describing it as more than just a cryptocurrency but a strategic asset for governments and institutions worldwide.
Hoskinson has deep roots in the cryptocurrency ecosystem and highlighted Bitcoin’s evolution from a “dormant project” to a potentially revolutionary financial technology.
The cryptocurrency veteran believes Bitcoin’s ecosystem could experience unprecedented growth, particularly with the development of DeFi layers that could dramatically expand its utility.
He …
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