Cardano (ADA) founder Charles Hoskinson made statements that resonated in the cryptocurrency world.
Claiming that technology giants are showing increasing interest in cryptocurrencies, Hoskinson said that Amazon, Apple, Google, Microsoft, Meta, Nvidia and Tesla want to integrate crypto wallets and stablecoins into their platforms to trade directly with the customer. According to Hoskinson, this vision aims to reach 3 billion customers without the need for banks or exchange systems.
Hoskinson’s Predictions for Bitcoin
Hoskinson, who also made a remarkable prediction about the future of Bitcoin, said, “I predict a Bitcoin of $250,000, I hope I am wrong on the upside,” and argued that a strong bull market is on the way. Hoskinson, who said that they will directly intervene in the regulations in Washington, stated, “I will go there personally. We will pass some bills and then the regulation will be completed.”
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Stablecoin Regulations and Future Participation
Hoskinson, who stated that they also play an important role in stablecoin regulations, said that the NIST recommendations in Section 12 of the GENIUS Act were submitted by Cardano. He further mentioned that if this law is passed and signed by former President Donald Trump, giant companies such as Microsoft, Apple and Google will be able to use stablecoins.
Future Events and Developments
Finally, Hoskinson announced that they will participate in the Bitcoin event to be held in 2025, stating that they will have a project focused on UTXO-based DeFi solutions and that many of their business partners will take part in the event. “We will increase these capabilities every year. It will progress slowly at first, then it will develop very quickly and explode,” he said.
*This is not investment advice.