Cardano’s Creator Predicts BTC Will Reach $250K By Year-End: Binance Chief Hints At Significant Catalyst For BTC

Charles Hoskinson, the founder of Cardano and a seasoned figure in the crypto asset field, has put forth an audacious forecast: Bitcoin could soar to $250,000 by late 2025 or early 2026 if growth takes longer than anticipated. He firmly stated that a “Crypto Winter” will not occur. In a conversation with CNBC on April 18, 2025, Hoskinson noted that ultimately “the Tariff issues will be inconsequential and people will come to understand that the world is ready to negotiate. It’s fundamentally just the US against China.”

“When I entered the crypto space, Bitcoin was valued at less than a dollar,” remarked Hoskinson. “I witnessed its fluctuations up and down repeatedly. The macroeconomic changes we’ve experienced – we’ve seen presidents like Obama, Trump One, Biden, and now Trump Two. Leaders may change, economic conditions fluctuate, but the core question remains: across generations, are we gaining users? Are we elevating market fluidity? Are we enhancing utility as a system?”

“Currently, there are 550 million individuals involved in crypto,” he mentioned, citing examples from Argentina, Vietnam, and Nigeria.

In his view, there might be a “trade war briefly,” yet in the long haul, crypto stands to gain.

#Cardano founder: BTC could reach $250K by the end of 2025 or in 2026 pic.twitter.com/S2bTPZXJbP

— Oyeee Rahul (@oyeee_rahul) April 10, 2025

Discover: Cardano CEO Discusses BTC Potential, Says, “We Aren’t Letting Go Of Wall Street, And That’s A Pity”

“The Sole Path For Globalization Is Crypto”

He stated, “the magnificent seven (Apple, Microsoft, Amazon, Google, Meta, Nvidia, and Tesla) are poised to enter the crypto realm, which could usher in 3 billion users into the crypto ecosystem.” He speculated on the potential for users to possess crypto wallets on both Android and Apple devices.

The US Congress is currently deliberating two significant bills: the GENIUS Act and the STABLE Act. These seek to create unequivocal regulatory frameworks for stablecoins, mandating full backing and rigorous oversight for issuers. Hoskinson contends that once these regulations are enacted, they will offer the confidence necessary for traditional financial institutions and major enterprises to securely venture into the crypto sector. 

Industry executives have expressed positive sentiments about the prospective growth of Bitcoin and crypto. Messari CEO Eric Turner recently commented on Bitcoin, stating, “I believe we’ve witnessed Bitcoin on one side benefiting from ETF inflows, alongside small sectors like meme coins that have captured interest. However, when I compare this to the intense external capital we witnessed during Decentralized finance summer in 2020, 2021, there hasn’t been a comparable influx of interest from institutions and enterprises.”

“We might be anticipating a subdued Q2, but I’m genuinely looking forward to Q3 and Q4. I believe that’s when we’ll start seeing something quite remarkable unfold in this crypto market,” Turner remarked with confidence.

Discover: Messari CEO Eric Turner Predicts Q2 May Be Quiet, But Q3 And Q4 Will Be Thrilling!

Binance CEO Confirms Numerous Countries Are Exploring Establishing Bitcoin Reserves 

Binance Chief Executive Richard Teng disclosed that various nations are currently seeking advice on forming national BTC reserves.

Teng affirmed that Binance is actively consulting several countries and sovereign wealth funds on the establishment of their own crypto reserves. In an interview with the FT , Teng mentioned, “We’ve actually been approached by several governments and sovereign wealth funds regarding the creation of their own crypto reserves.”

However, Teng has opted not to disclose the names of these countries.

This development is propelled by former US President Donald Trump’s initiative to set up a crypto reserve.

EXPLORE: Top 20 Cryptocurrencies to Purchase in April 2025

 

The article Cardano’s Founder Predicts BTC At $250K By Year’s End: Binance CEO Hints At Major Catalyst For Bitcoin was first published on 99Bitcoins.