CEO Cuts Cardano Founder’s Bitcoin Price Forecast, Warns Bear Market Just Sta...
Cardano (ADA) founder Charles Hoskinson previously projected that the Bitcoin price could reach an impressive price of $250,000 as early as this year. This bold forecast, made in April, came at a time when Bitcoin was trading at $77,000 after achieving a record high of $109,000 in January. Hoskinson’s Optimistic Bitcoin Price Forecast Hoskinson’s optimism was based on his belief that international negotiations, particularly between the US and China, would favor Bitcoin’s growth. The Cardano founder suggested that easing tariffs would lead to a positive market reaction and....
Related News
Bitcoin (BTC) experienced a slight rebound after reaching a near eight-month low of $87,500 on Wednesday. By Thursday, the leading crypto surged back toward $90,000. However, market expert Leshka warns that this brief increase may signal only the start of a new distribution phase for Bitcoin, as selling pressure continues to build. Possible Bottom Between $40,700 And $47,500 In a recent post on X (formerly Twitter), Leshka assessed Bitcoin’s position on the weekly chart, identifying critical demand zones between $40,700 and $47,500 that could take shape throughout 2026. She suggested that....
Michael Saylor’s Strategy, formerly known as MicroStrategy, has found itself significantly exposed to the ongoing downturn in the cryptocurrency market, which has seen more than $1 trillion in total market capitalization wiped out over the past month. As the largest public holder of Bitcoin, with over 650,000 coins, the company is now facing the real threat of being removed from major benchmark indices, which have been crucial for its visibility in mainstream portfolios. Analysts Predict Major Impact On Strategy According to a recent Bloomberg report, analysts at JPMorgan Chase....
The crypto bear market has been brutal, but it has not stopped development in the Cardano ecosystem in any way. The network recently celebrated the completion of its Vasil hard fork, and even though the price of its native token ADA has failed to move in tandem with the development, Cardano developer Emurgo is not […]
The crypto market has taken a beating recently and Cardano has been one of the worst-hit digital assets. This has sparked fear across the market where investors are lamenting that the crypto space is finally headed into another bull market. Cardano Founder Charles Hoskinson has taken to addressing these bear market concerns, or rather, confirming […]
Cardano is showing some toughness in a time when its peers are just about to crack under pressure. The bear market is hammering the cryptocurrency market, with the majority of cryptocurrencies now trading at prices not seen since the middle of last year. However, this decline has created an opportunity for crypto investors to purchase […]