Charles Hoskinson, the founder of Cardano and one of crypto’s earliest visionaries, is doubling down on a bold prediction: Bitcoin could reach $250,000 as soon as this year.
Speaking on CNBC’s “Beyond The Valley” podcast, Hoskinson laid out several reasons for his optimism, pointing to rising global crypto adoption, a potential interest rate cut from the Fed, and fresh legislation that could unlock stablecoin growth. But perhaps the biggest game-changer? He believes tech giants like Apple, Amazon, and Microsoft—the so-called “Magnificent 7”—may soon jump into the stablecoin space.
Big Tech + Crypto = A Powerful Mix?
Hoskinson says we’re entering a new era where stablecoins could play a huge role for major corporations. He believes once U.S. lawmakers finalize key crypto regulations, we’ll see companies like Apple and Amazon use stablecoins to pay global workers or handle fast, low-cost transactions—bypassing traditional payment systems entirely.
These stablecoins, which are digital tokens backed by real-world assets and pegged to currencies like the U.S. dollar, could help Big Tech move money more efficiently across borders.
Why Bitcoin Could Soar
Despite recent market volatility—especially after President Trump’s tariff-related announcements—Bitcoin has managed to hold strong. It briefly dropped below $77,000 last week but bounced back to over $82,000 after Trump paused some tariffs to encourage trade talks.
Hoskinson believes the geopolitical noise will calm down, the world will adjust to the new economic landscape, and cheap capital will flow back into riskier assets like crypto.
He’s also betting on broader macro trends:
- Global crypto ownership is up 13% from last year, reaching over 659 million people.
- Geopolitical uncertainty, like tensions with China and Russia, is making people turn to decentralized assets.
- And most importantly, new U.S. laws could finally give the crypto market the clarity it needs to grow with confidence.
When Will the Rally Start?
Hoskinson thinks the crypto market might stay quiet for a few more months but expects a big wave of investor interest starting around August or September. If his prediction holds, we could see a multi-month bull run fueled by both speculation and real-world adoption.
In short, Hoskinson sees crypto not just as an investment—but as the future infrastructure of global finance. And if the biggest tech players get involved, that future might be closer than we think.