Cardano Founder Predicts Bitcoin Rally to $250K by December as Binance CEO Hints at Key BTC Catalyst

Charles Hoskinson, founder of Cardano, projects Bitcoin could reach $250,000 by the end of 2025, while Binance CEO Changpeng Zhao suggests an undisclosed major development may accelerate BTC’s growth trajectory. Market analysts are scrutinizing potential catalysts including institutional adoption and regulatory clarity.

— Oyeee Rahul (@oyeee_rahul) April 10, 2025

Explore: Cardano CEO Talks About Bitcoin Potential, Says, “We Are Not Letting Go Of Wall Street, And That’s A Shame”  

“The Only Option For Globalization Is Crypto”

According to him, “the magnificent seven (Apple, Microsoft, Amazon, Google, Meta, Nvidia, and Tesla) are going to come into crypto, and that is going to bring 3 billion users into crypto.” He explored the possibility of users having crypto wallets on both Android and Apple phones.

The US Congress is currently considering two pivotal bills: the GENIUS Act and the STABLE Act. These aim to establish clear regulatory frameworks for stablecoins, requiring full backing and robust oversight for issuers. Hoskinson argues that once these laws are enacted, they will provide the legal certainty needed for traditional financial institutions and major corporations to confidently enter the crypto space. 

Industry leaders have been expressing Optimism about the future of Bitcoin and crypto.  Messari CEO Eric Turner said something similar about Bitcoin recently. He said, “I think we’ve seen Bitcoin on one side with flows into ETFs, and then we’ve had little pockets – meme coins and things that have been interesting. But, you know, compared to where we were when we had DeFi summer in 2020, 2021, we really haven’t seen that external capital pouring in. We haven’t seen the level of interest from institutions and enterprises.”

“We’re probably looking at a muted Q2, but I’m really excited for Q3 and Q4. And I think that’s where you start to see something really, really interesting happen in this market,” said Turner confidently.

Binance CEO Confirms Several Countries Are Looking Into Establishing Bitcoin Reserve 

Binance CEO Richard Teng revealed that multiple governments are actively seeking guidance on establishing national Bitcoin reserves. 

Teng confirmed that Binanace is currently advising several countries and sovereign wealth funds on establishing their own crypto reserves. Talking to the FT , Teng said, “We have actually received quite a number of approaches by a few governments and sovereign wealth funds on the establishment of their own crypto reserves.”

However, Teng has declined to name the countries. 

The development is fuelled by the US President Donald Trump’s decision to establish a crypto reserve.

Key Takeaways

• Cardano founder believes that if companies like Apple, Microsoft, Amazon, Google, Meta, Nvidia, and Tesla—the so-called “Magnificent Seven”—begin integrating stablecoins and crypto payments into their platforms, it could trigger a tidal wave of mainstream adoption. 

• Many analysts, including Arthur Hayes (former BitMEX CEO), believe a shift by the U.S. Federal Reserve toward quantitative easing (QE) could flood markets with liquidity, making risk assets like Bitcoin more attractive and potentially propelling prices toward the $250,000 mark.