{"id":21531,"date":"2025-04-10T15:18:15","date_gmt":"2025-04-10T15:18:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21531"},"modified":"2025-04-10T15:18:15","modified_gmt":"2025-04-10T15:18:15","slug":"cardanos-hoskinson-sees-bitcoin-touching-250k-tech-giants-adopting-stablecoins","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21531","title":{"rendered":"Cardano\u2019s Hoskinson Sees Bitcoin Touching $250K, Tech Giants Adopting Stablecoins"},"content":{"rendered":"
\n

Bitcoin (BTC<\/a>), currently around $81,000, could soar as high as $250,000 as early as this year with tech giants like Microsoft (MSFT) and Apple(AAPL) entering the crypto arena, according to Charles Hoskinson, the founder of the Cardano blockchain.<\/p>\n

Hoskinson’s comment echoes the sentiments of investors including Fundstrat\u2019s Tom Lee<\/a> and venture capitalist Tim Draper<\/a> as well as financial giant Standard Chartered<\/a>, who have mentioned that level as a target for the world\u2019s biggest cryptocurrency in past years.<\/p>\n

In an interview with CNBC, Hoskinson expressed optimism about bitcoin\u2019s future despite recent market turbulence triggered by President Donald Trump\u2019s reciprocal tariffs policy, saying he believed the asset could rise that high \u201cby the end of this year or next year\u201d as tariff concerns fizzle out and Federal Reserve activity influences the market.<\/p>\n

\u201cThe markets will stabilize a little bit, and they\u2019ll get used to the new normal, and then the Fed will lower interest rates, and then you\u2019ll have a lot of fast, cheap money, and then it\u2019ll pour into crypto,\u201d he said.<\/p>\n

The crypto market has faced a sell-off alongside other risk assets in recent weeks, with bitcoin dipping below $77,000 in recent day. It spiked above $82,000 late Wednesday after Trump reduced tariffs<\/a> to 10% for 90 days for most countries, allowing time for trade negotiations.<\/p>\n

Still, bitcoin remains some 25% below its record high of over $109,000, reached in January.<\/p>\n

Hoskinson pointed to the growing adoption of cryptocurrencies, with Crypto.com reporting a 13% year-on-year increase in 2024 and a shifting geopolitical landscape as factors that could bump bitcoin prices.<\/p>\n

\u201cIf Russia wants to invade Ukraine, it invades Ukraine. If China wants to invade Taiwan, it\u2019s going to do that. So treaties don\u2019t really work so well, and global business doesn\u2019t really work so well there. So your only option for globalization is crypto,\u201d he said.<\/p>\n

Additionally, Hoskinson predicted that forthcoming U.S. legislation, including a stablecoin bill and the Digital Asset Market Structure and Investor Protection Act, would bolster the crypto industry.<\/p>\n

These bills, currently progressing through Congress, aim to clarify the regulatory framework for digital assets. Stablecoins, or tokens pegged to fiat currencies, such as U.S. dollars, could see widespread adoption by the \u201cMagnificent 7\u201d tech giants, such as Apple, Microsoft and Amazon (AMZN), Hoskinson said.<\/p>\n

As such, Hoskinson forecasts a temporary lull in the market for the next three to five months, followed by a surge of speculative interest around August or September. \u201cThat\u2019ll carry through probably another six to 12 months,\u201d he said.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC), currently around $81,000, could soar as high as $250,000 as early as this year with tech giants like Microsoft (MSFT) and Apple(AAPL) entering the crypto arena, according to Charles Hoskinson, the founder of the Cardano blockchain. Hoskinson’s comment echoes the sentiments of investors including Fundstrat\u2019s Tom Lee and venture capitalist Tim Draper as […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21531","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21531"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21531\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}