Ethereum

Cardano

Bitcoin

DeFi

Bitcoin, the world’s largest cryptocurrency by market capitalization, is heading to the next target price of $100,000 after rising 33% in just a month, but Cardano’s founder projects beyond. 
Founder of Cardano Charles Hoskinson projects that <a rel="" href="https://crypto.news/tag/bitcoin/">Bitcoin</a> will reach the price target of $250,000 in just 2 years. He believes that the target price is the lowest target to achieve, yet the highest target is $500,000. 
According to Hoskinson’s YouTube&nbsp;<a href="https://www.youtube.com/watch?v=1qh7PlT2tq4" target="_blank" rel="nofollow">live video posted</a>&nbsp;on Nov. 27, he noted that several factors would increase the Bitcoin price in the future, including the massive inflow into the crypto market as well as the institutional eyes that have been interested in Bitcoin in recent days. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 “It is my believe that Bitcoin will go to quarter and half million dollars in the next 12 to 24 months, because of the investment inflow and and the great interest that has been achieved,” Hoskinson said. 
</blockquote> 
He mentioned that Bitcoin as a value store of the internet remain useful for decentralized finance (DeFi) in the future. The DeFi mode, also known as the new capabilities of DeFi, could bring Bitcoin through the Cardano network so the holders could participate in the DeFi ecosystem. 
 You might also like: <a rel="" href="https://crypto.news/cardanos-charles-hoskinson-receives-award-in-switzerland-for-crypto-valley/"> Cardano’s Charles Hoskinson receives award in Switzerland for Crypto Valley </a> 
<h2 class="wp-block-heading" id="cardano-s-outlook-after-bitcoin-rose">Cardano’s outlook after Bitcoin rose</h2> 
<a rel="" href="https://crypto.news/price/cardano/">Cardano</a>, as one of the biggest cryptocurrencies based on market capitalization, has grown in the past month following the rise of Bitcoin, increased 190% and reached a price of $1 for the first time after dropping in 2022. In the past 24 hours, the token was traded for $1.5 billion or dropped by almost 40%. 
The market is also eyeing the possibility of&nbsp;<a href="https://crypto.news/cardano-eyes-spot-etf-entry-as-analyst-foresees-surge-rollblock-set-to-explode-next/" target="_blank">Cardano spot ETF</a>&nbsp;after several cryptocurrencies have already crypto product versions, including Bitcoin and Ethereum. 
ADA projected would be bullish in the near future if the asset management pushes the ETF version to the Securities and Exchange Commission (SEC). 
 You might also like: <a rel="" href="https://crypto.news/hoskinson-slams-legacy-crypto-media-after-calling-ethereum-a-dictatorship/"> Hoskinson slams legacy crypto media after calling Ethereum a ‘dictatorship’ </a>

Cardano’s Hoskinson believe Bitcoin will surpass $250,000

Table of Contents

crypto.news

Other articles published on Nov 29, 2024

Ripple Labs’ Procedural Win Clouds SEC Case as XRP Hits $1.56

Pepe Coin’s Price Analysis: Is $1 Within Reach for PEPE?

Ethereum Foundation Funds zkVM Projects in Millions as ETH Eyes $4K

Legendary Analyst Confirms DOGE Coin Rally: Is $0.66 the Next Stop?

Analyst Says Shiba Inu Could Finally Hit $1 in This Bull Run, But This $0.000667 Token May Take t...

Vectorizer AI: Transforming Raster Images into Scalable Vector Graphics

Join our free newsletter for daily crypto updates!