Cardano’s Founder Forecasts Bitcoin At $250K By Year-End: Binance CEO Teases Major Catalyst For BTC

Cardano Founder Charles Hoskinson, a veteran in the crypto industry, has made a bold prediction: Bitcoin could reach $250,000 by the end of 2025—or early 2026 if momentum takes longer to build. He insisted that there will be no “Crypto Winter.” Talking to CNBC on 18 April 2025, Hoskinson said that eventually “the Tariff stuff will be a dud and people will realize that the world is willing to negotiate. And it’s really just US v/s China.”

“When I started crypto, Bitcoin was under a dollar,” said Hoskinson. “I watched it go up and down and up and down. The macro changes – we’ve lived through Obama, we’ve lived through Trump One, we’ve lived through Biden, and now we are in Trump Two. Presidents change, macro changes, but really, the question is, through every generation, are we gaining users? Are we gaining liquidity? Are we gaining utility as a system?”

“We have 550 million people in crypto now,” he said, giving examples of Argentina, Vietnam and Nigeria.

According to him, there may be a “trade war for a little bit,” but crypto will benefit in the long term.

#Cardano founder: Bitcoin could hit $250K by late 2025 or 2026 pic.twitter.com/S2bTPZXJbP

— Oyeee Rahul (@oyeee_rahul) April 10, 2025

Explore: Cardano CEO Talks About Bitcoin Potential, Says, “We Are Not Letting Go Of Wall Street, And That’s A Shame”  

“The Only Option For Globalization Is Crypto”

According to him, “the magnificent seven (Apple, Microsoft, Amazon, Google, Meta, Nvidia, and Tesla) are going to come into crypto, and that is going to bring 3 billion users into crypto.” He explored the possibility of users having crypto wallets on both Android and Apple phones.

The US Congress is currently considering two pivotal bills: the GENIUS Act and the STABLE Act. These aim to establish clear regulatory frameworks for stablecoins, requiring full backing and robust oversight for issuers. Hoskinson argues that once these laws are enacted, they will provide the legal certainty needed for traditional financial institutions and major corporations to confidently enter the crypto space. 

Industry leaders have been expressing optimism about the future of Bitcoin and crypto.  Messari CEO Eric Turner said something similar about Bitcoin recently. He said, “I think we’ve seen Bitcoin on one side with flows into ETFs, and then we’ve had little pockets – meme coins and things that have been interesting. But, you know, compared to where we were when we had DeFi summer in 2020, 2021, we really haven’t seen that external capital pouring in. We haven’t seen the level of interest from institutions and enterprises.”

“We’re probably looking at a muted Q2, but I’m really excited for Q3 and Q4. And I think that’s where you start to see something really, really interesting happen in this market,” said Turner confidently.

Explore: Messari CEO Eric Turner Thinks Q2 May Be Muted, But Q3 And Q4 Will Be Exciting!

Binance CEO Confirms Several Countries Are Looking Into Establishing Bitcoin Reserve 

Binance CEO Richard Teng revealed that multiple governments are actively seeking guidance on establishing national Bitcoin reserves. 

Teng confirmed that Binanace is currently advising several countries and sovereign wealth funds on establishing their own crypto reserves. Talking to the FT , Teng said, “We have actually received quite a number of approaches by a few governments and sovereign wealth funds on the establishment of their own crypto reserves.”

However, Teng has declined to name the countries. 

The development is fuelled by the US President Donald Trump’s decision to establish a crypto reserve.

DISCOVER: Top 20 Crypto to Buy in April 2025

The post Cardano’s Founder Forecasts Bitcoin At $250K By Year-End: Binance CEO Teases Major Catalyst For BTC appeared first on 99Bitcoins.