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Hoskinson’s Bold Bitcoin Forecast: $500K Fueled By DeFi And Global Interest

NewsBTC LogoNewsBTC11h ago

Hoskinson’s Bold Bitcoin Forecast: $500K Fueled By DeFi And Global Interest - NewsBTC

Quick Summary:

BREAKING: #Cardano $ADA Founder Charles Hoskinson says “it is my belief that #Bitcoin will go to $250,000 to $500,000 within 12 to 24 months, because of inflows and interest.$BTC is the store of value for the Internet, and will remain in that role now that it has a DeFi layer.” pic.twitter.com/1txPQV61Nl — Angry Crypto Show (@angrycryptoshow) November 26, 2024 Tornado Cash Court Victory Boosts Bitcoin Price In a post by Paul Grewal at Twitter/X, Tornado Cash’s court victory was a "win for privacy.” Grewal reported that the Treasury Department’s sanctions on the crypto mixing platform were unlawful.

This is a historic win for crypto and all who cares about defending liberty.@coinbase is proud to have helped lead this important challenge.1/6 — paulgrewal.eth (@iampaulgrewal) November 26, 2024 Tornado Cash’s victory is the latest in a string of wins for the crypto industry, which has helped push Bitcoin’s price up.

Related Reading: Shiba Inu Eyes Explosive Growth: Over 200% Surge Ahead, Analyst Says Continuous Inflow And Interest Help Bitcoin According to Hoskinson, Bitcoin remains bullish for him because of soaring interest and inflows.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-29 @ 01:00:57 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 547 words

Reading Time: 4 minutes read

Sentences: 76 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 23934442

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 13 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

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Website Security: Secure (HTTPS)

Publisher ID: #102

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