Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Charles Hoskinson predicts Bitcoin will rise to $500,000 in 2 years

Charles Hoskinson predicts Bitcoin will rise to $500,000 in 2 years

HappyCoinNews2024/12/02 13:00
By: HappyCoinNews
BTC-0.58%SOL-2.15%ADA+0.31%

Blockchain co-founder Cardano Charles Hoskinson held a live broadcast about the future of Bitcoin. Despite his strong attachment to his own development, Hoskinson remains a staunch supporter of Bitcoin (BTC), expressing confidence in its potential to reach a six-figure valuation.

No matter how good it is Ethereum , Solana и Cardano "Let's be intellectually honest about this, governments are talking about a strategic reserve in bitcoin and only bitcoin," Hoskinson told the stream.

 

This is their entry point. Maybe in five, ten or fifteen years that narrative will change, but I believe that Bitcoin will grow to a quarter million or half a million dollars over the next 12 to 24 months.

Hoskinson attributes this position to "an influx of investment and a lot of interest... which will ensure that it approaches the value of gold."

Simply put, Bitcoin "It's a store of value for the internet," Hoskinson said, expressing confidence that Bitcoin will continue to fulfill this role.

He added that his mission is to ensure that Cardano as the "spiritual successor" of Bitcoin, it remained relevant in this direction.

Hoskinson believes his job is to create the perfect platform for applications that can run on both the Bitcoin blockchain and Cardano This vision of his is the driving force behind his team's work on specific DeFi - projects aimed at Bitcoin .

EN @happycoinnews
EN @happycoinnews_en
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!
Bitget Announcement2025/09/12 07:46
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
New spot margin trading pair — LINEA/USDT!
Bitget Announcement2025/09/11 10:04

Trending news

More
1
New spot margin trading pair — HOLO/USDT!
2
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,345.09
-0.13%
Ethereum
Ethereum
ETH
$4,623.05
+1.18%
XRP
XRP
XRP
$3.11
+2.20%
Tether USDt
Tether USDt
USDT
$1
+0.01%
BNB
BNB
BNB
$925.16
+1.81%
Solana
Solana
SOL
$237.3
-0.54%
USDC
USDC
USDC
$0.9997
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2907
+7.62%
Cardano
Cardano
ADA
$0.9249
+3.00%
TRON
TRON
TRX
$0.3485
-0.38%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter