Key Takeaways
- Cardano founder Charles Hoskinson remains confident in a $250,000 Bitcoin price target.
- He says stablecoin adoption by major tech firms could be a catalyst.
- Bitcoin rebounded from $74,600 to $82,000 following Trump’s 90-day tariff pause.
Cardano founder Charles Hoskinson hasn’t backed down from his $250,000 Bitcoin (BTC) price prediction — and he’s tying that outlook to what he sees as a coming wave of stablecoin adoption and favorable regulation.
In a recent interview with CNBC, Hoskinson said the next leg up for Bitcoin could be powered by the so-called “Magnificent Seven,” a group of top U.S. tech companies including Apple, Microsoft and Google.
According to him, these firms are poised to adopt stablecoins once pending legislation becomes law.
Stablecoins, Big Tech and a Regulatory Push
The U.S. Congress is currently considering two major pieces of stablecoin legislation — the GENIUS Act and the STABLE Act — both of which have cleared the Senate Banking Committee.
Hoskinson argued that once these laws are passed, institutional adoption of crypto could accelerate quickly.
“You’ll have a lot of fast, cheap money, and then it’ll pour into crypto,” Hoskinson said, predicting a wave of liquidity once interest rates are lowered and regulatory clarity arrives.
He pointed to the Digital Asset Market Structure and Investor Protection Act — a separate bill aimed at clarifying oversight of different types of digital assets — as another potential catalyst.
Hoskinson acknowledged current market turbulence, driven largely by trade tensions between the United States and China, but said investors would eventually adapt to the geopolitical climate.
“The markets will stabilize a little bit, and they’ll get used to the new normal,” he said. “Then the Federal Reserve will lower interest rates.”
Markets Rebound After Trump’s Tariff Pause
Hoskinson’s comments came a day after former President Donald Trump announced a 90-day pause on new tariffs — except for those targeting China.
The pause sparked a broad market rally, adding roughly $3.4 trillion in stock market value and $250 billion to crypto market capitalization within the hour.
Bitcoin, which had dropped to $74,600 amid tariff concerns, quickly rebounded to $82,000 following the announcement.
Still, it remains more than 20% below its all-time high. Ethereum (ETH) is down more than 45% from its peak.
While risks remain, particularly as the U.S.–China trade dispute continues, some analysts say China’s response — including possible currency devaluation — could indirectly benefit Bitcoin.
Historically, a weaker yuan has pushed more Chinese capital into crypto as a hedge.
Despite market uncertainty, Hoskinson believes the next major crypto rally will be policy-driven, not hype-driven.
“It’s no longer just about narrative,” he said. “It’s about infrastructure, regulation and real-world integration.”
Prashant Jha is a seasoned crypto journalist based in Delhi, India, with a Bachelor’s Degree in Computer Science Engineering. Passionate about the evolving world of blockchain and cryptocurrencies, he has been a dedicated voice in the industry since 2018. Prashant’s expertise lies in regulatory reporting, where he unravels complex legal and financial developments with clarity and precision. Before joining CCN in 2024, he honed his craft at Cointelegraph, establishing himself as a trusted name in crypto journalism.
His coverage spans major industry events, including the high-profile collapses of FTX, Three Arrows Capital (3AC), and LUNA, offering readers insightful analyses of their regulatory and market implications. Prashant’s technical background enables him to bridge the gap between intricate blockchain technology and its real-world applications, making his work accessible to novices and experts.
Beyond his professional pursuits, Prashant is an avid music enthusiast, often exploring diverse genres to unwind. A sports lover, he has a particular passion for cricket and frequently engages in discussions about the game. His multifaceted interests and sharp journalistic instincts make him a valuable contributor to CCN, where he continues shaping the crypto landscape's narrative.
