Cardano Founder Sees Potential for Trillions in Altcoin Investment as Bitcoin Eyes $250,000 Milestone
2025-07-11 07:18:28
Main Idea
Cardano founder Charles Hoskinson highlights the potential for trillions in altcoin investment as Bitcoin reaches $250,000, driven by key legislative acts like the GENIUS Act and CLARITY Act, and a surging crypto market.
Key Points
1. The GENIUS Act and CLARITY Act are identified as critical legislative frameworks reshaping the cryptocurrency landscape.
2. Cardano (ADA) surged nearly 13% in 24 hours, with Ethereum (ETH) and XRP also posting significant gains of 8.5% and 7.1%, respectively.
3. Bitcoin broke past $118,000, with predictions of reaching $250,000 by early 2026, supported by strong fundamentals and growing network activity.
4. The cryptocurrency market capitalization surpassed $3.75 trillion, reflecting broad-based recovery and renewed investor confidence.
5. Ethereum's market cap reached $361.68 billion, surpassing SAP to rank 35th.
Description
Cardano founder Charles Hoskinson forecasts a monumental influx of “trillions” in altcoin investments, reinforcing his bullish stance on Bitcoin’s trajectory towards $250,000. Amid Bitcoin’s recent record-breaking rally, major altcoins like
Latest News
- Maxine Waters and Stephen F. Lynch Lead Anti-Crypto Corruption Week to Challenge Crypto Legislation2025-07-11 15:04:26
- Robinhood Introduces ETH Staking Service With $1 Minimum, Excluding Several States2025-07-11 15:03:39
- Satoshi Nakamoto’s Bitcoin Holdings Could Place Him Among World’s Top Billionaires Amid Price Surge2025-07-11 14:50:39
- Congressmen Launch “Anti-Crypto Corruption Week” Urging Democrats to Block GENIUS Bill Impacting Bitcoin2025-07-11 14:50:01
- XRP Shows Potential Strength Against Bitcoin After Breaking Key Resistance Level2025-07-11 14:36:27