Cardano Founder Predicts Bitcoin at $250,000 on U.S. Crypto Legislation

Generated by AI AgentCoin World
Friday, Jul 11, 2025 4:30 am ET1min read
BTC
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Cardano founder Charles Hoskinson has made a bold prediction that

Bitcoin
could reach $250,000 in the near future. This forecast is driven by the anticipated passage of two key U.S. crypto legislation bills: the GENIUS Stablecoin Act and the CLARITY Act. These bills are set to be voted on during "Crypto Week" and are expected to provide much-needed regulatory clarity for the crypto market, potentially boosting institutional adoption and market growth.

The GENIUS Stablecoin Act focuses on stablecoins, which are digital assets pegged to fiat currencies like the U.S. dollar. This bill has already secured Senate support and is awaiting a House vote. The CLARITY Act, on the other hand, aims to clarify the regulatory landscape for crypto assets in the U.S., addressing the current confusion between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Both bills are expected to take center stage during "Crypto Week" starting July 14.

Hoskinson believes that the passage of these bills could trigger a significant surge in institutional investment. Large investors, including hedge funds and tech companies, have been cautious due to the lack of clear regulations. However, with new regulations in place and a possible interest rate cut by the U.S. Federal Reserve, a wave of institutional money could flow into the crypto market. This sentiment is echoed by industry executives who have long advocated for clearer regulatory guidelines.

Hoskinson first introduced this prediction back in April, citing rising stablecoin adoption, increasing Bitcoin Treasury demand, and expected Fed easing. If Bitcoin reaches that $250,000 mark in the next year or two, its total value would jump to about $5 trillion. That would put it in the same league as big companies, and even start to challenge gold as a top global asset.

Of course, crypto prices can be unpredictable and things can change fast. But one thing’s clear: if the GENIUS and CLARITY Acts get passed, it could really shake things up and open the door for big changes in the market.