
Bitcoin’s climb to $118,000 has reignited Cardano founder Charles Hoskinson’s daring prediction: a path towards $250,000 could speed up as U.S. lawmakers put together to vote on two landmark crypto payments subsequent week.
Hoskinson pointed to the GENIUS Stablecoin Act and the CLARITY Act—each set to advance throughout “Crypto Week” beginning July 14—as potential catalysts for a large market surge.
With BTC buying and selling volumes now over $100 billion each day and institutional momentum constructing, he believes these regulatory milestones may unlock the following wave of capital inflows.
In April, Hoskinson laid out his bullish thesis: stablecoin adoption, elevated Bitcoin use as a Treasury asset, and eventual Fed charge cuts would mix to push BTC into multi-trillion-dollar territory. Now, with regulation catching up, he says the stage is set for what he calls a “gigachad bull run.”
The CLARITY Act goals to outline the boundaries between the SEC and CFTC in overseeing digital property, whereas the GENIUS Act seeks to set up a stablecoin framework with full federal backing. Each payments take pleasure in help from key crypto leaders and the Trump administration, with the president signaling he’s prepared to signal as soon as they move the Home.
If the payments clear subsequent week, Hoskinson’s $250K imaginative and prescient could start trying much less like hypothesis—and extra like a goal.